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Profit This Week: RBI cuts CRR by 0.75%; Greece averts default

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The RBI cuts CRR by 0.75 per cent, injecting greater liquidity. Greece averts a default clearing the way for a second international bailout. L&T gets a new chief, K Venkataramanan replaces AM Naik. Kingfisher fears reaching a point of no return as bank accounts get frozen.

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From Reuters

The many interpretations of Ben Bernanke

The many interpretations of Ben Bernanke The last thing experts want is for Bernanke to be believed when he promises to carry on with an unchanged policy.
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