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RBI issued fresh guidelines on credit cards regarding transparency

issued fresh guidelines on credit cards regarding transparency in charging interest rates on customers. The central bank warned banks and financial institutions to strictly follow its guidelines. The RBI has issued fresh directives in view of the numerous complaints from credit card holders, especially with regard to excessive finance charges and issuance of unsolicited cards.
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IMF raised India's growth forecast for 2010 to 9.5 per cent

IMF raised India's growth forecast for 2010 to 9.5 per cent, stating that favourable financing conditions and robust corporate profits will accelerate economic expansion. The multilateral lender hiked its growth projection from the earlier estimate of 8.8 per cent it made in April.

"In India, growth is expected to accelerate to about 9.5 per cent in 2010, as robust corporate profits and favourable financing conditions..

Finnair daily flights between Helsinki and New Delhi, will shift operations on 15th July to the newly-built Terminal 3 of the Indira Gandhi International Airport in New Delhi. Finnair will start using the brand-new Terminal 3 (T3) On 15^th July, 2010, the airline said in a statement.
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