Few More News Headlines – 28 August, 2011

IMF Chief Lagarde asks the World Leaders of developed economies to act now to save the fragile worldwide economic recovery from another financial crisis or recession.

JSW and other steel producers get access to the alternate source of 25 million tonne of iron ore inventory after the Supreme Court ruling to ban the mining activities in Chitradurga and Tumkur districts as well with already banned Bellary district.

Indian Central Bank The RBI has said that all the Indian banks will adhere to the globally agreed timeline for implementation of Basel III norms and guidelines. The RBI will examine the BASEL III regulations and will issue guidelines for all the Indian banks very soon.


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