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RBI had issued draft guidelines for introducing credit default swaps (CDSs) in 2007. Then, the global financial crisis hit, and CDSs were accused of being a primary cause. 

Divergence between the wholesale price index (WPI) and consumer price index for industrial workers—CPI (IW)—has raised questions on the validity of measure of inflation. 

In the yellow and dog-eared manual that central bankers keep locked in their desks, there is a script on what to do when an economy is coming out of a downturn. 

There is a strong feeling that India is becoming very innovative, especially in the West. This study* takes the reader through the empirical evidence on whether this is indeed the case since the reform process of 1991: 

With rising defaults, banks have tightened the aggressive expansion drive of their credit card business. 

You could take a charitable view of Atindranath Dutta's twirl before television cameras. Liberation after a two-day captivity can be exhilarating. 

A hundred and ten years after his death, Sir Syed Ahmed Khan, the man who was constantly reviled by the ulema of his time, is remembered almost with reverence by Indian Muslims. 

A few days ago, the affable Swedish ambassador to India, Lars Olof Lindgren, recounted a strange story. 

The recent tension between Delhi and Beijing is not the only factor that is making the so-called strategic triangle — the grouping of Russia, India and China (RIC) whose foreign ministers met in Bangalore this week — increasingly irrelevant to the evolving great power relations. 

Oil prices have resumed their inexorable march towards $100 and beyond. 

You could take a charitable view of Atindranath Dutta's twirl before television cameras. Liberation after a two-day captivity can be exhilarating. 

A hundred and ten years after his death, Sir Syed Ahmed Khan, the man who was constantly reviled by the ulema of his time, is remembered almost with reverence by Indian Muslims. 

RBI's credit policy statement on Tuesday will come in the backdrop of strong signals coming from New Delhi that monetary accommodation should continue for some time until industrial recovery is firmly in place. 

BJP President Rajnath Singh was incensed by commentator Suhel Seth's sharp attack on "joker feudals" who believe they are a law unto themselves. 

Last week's election results confirm that the political map of India is radically changed. There is only one political party left on the national landscape because the Bharatiya Janata Party can now be officially declared dead. 

Debates over examinations embody not just technical pedagogical questions, but a vast array of social anxieties and aspirations. 

There has been vigorous debate whether Jinnah really wanted a separate state or merely a veto on the domination of Islamic identity by Hindu majoritarianism within the Indian union. 

We don't yet know what caused Wednesday's accident, when the Delhi-bound Goa Express crashed into the stationary Mewar Express near Mathura. 

Long before the knights come trotting in their shining amour, all maidens in waiting bide their time building careers, getting along in life and dreaming about their perfect wedding day. A girl who denies this fantasy is either in denial or not being true to herself. 

Plan B
All the major players in Afghanistan are either moving to plan B or searching for one. The most painful transition is in Washington, where President Barack Obama is taking his time to change his mind in the full glare of the media.