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Bank of England cuts interest rates to historic low of 1.5 per cent
London – The Bank of England Thursday slashed interest rates to an historic low of 1.5 per cent in a further effort to soften the impact of a deepening recession.
The decision to cut rates by half a percentage point by the bank’s Monetary Policy Committee (MPC) brings borrowing costs below 2 per cent for the [...]
Satyam Computer “Ramalinga Raju” Biography
Born: September 16, 1954
B. Ramalinga Raju founded Satyam Computer Services in 1987 and has been instrumental in developing Satyam into one of the top Indian IT services company. Mr. Raju served as the Chief Executive Officer of Samrat Spinners Limited, a spinning mill until 1995. Mr. Raju has been Chairman of [...]
Why Indians are influential– Part II
By Dr. Shabir Choudhry
India has the third-largest army in the world, nearly 1.5 million strong. Indian Railways is the largest employer in the world, with a staff of 1.6 million people under single management. India is the second-largest cement-producing country in the world, producing more than 110m tonnes. India is the largest democracy in the [...]
