RBI pitches for structural reforms; sees 6% inflation in 2015

RBIMumbai: Pitching for structural reforms to reinforce investor confidence, RBI on Monday said falling inflation and political stability have helped check the macroeconomic vulnerabilities, while retail inflation is expected to stabilise near 6 percent level in 2015.

The central bank, however, flagged lower revenue mobilisation this fiscal as a "major concern" and said that the asset quality remains a grey area in the banking sector.

It also sounded caution over the recent phenomenon of FIIs showing greater interest in the Indian debt markets, saying this trend can turn volatile in the wake of changes in global markets, especially in the US, the world's largest economy.

Sushma invites South Korean companies to invest in India

Sushma SwarajSeoul, Dec 29 : External Affairs Minister Sushma Swaraj, who is currently on a two-day official visit to Seoul, on Monday extended an invitation to South Korean companies to participate in the 'Make in India' initiative and make bold investments in India.

Swaraj extended her invitation during her meeting with South Korea President Park Geun-hye at the Blue House here.

Welcoming Swaraj's invitation, President Park agreed to encourage her nation's industry to engage with India even more closely and reiterated her invitation to Prime Minister Narendra Modi for an early official visit of Seoul.

Iran supreme leader takes to Twitter to criticise US over prevailing race issues

Ayatollah Ali KhameneiLondon, Dec 29 : Iran's supreme leader Ayatollah Ali Khamenei took to social networking site Twitter to criticise US on race issues using the hashtag #BlackLivesMatter.

According to The Guardian, in a stream of comments on his English-language Twitter feed, Ayatollah Ali Khamenei on Sunday returned to a theme he has repeatedly struck since Michael Brown, an unarmed black teenager, was shot dead by police officer Darren Wilson in Missouri on 9 August.

In his tweets, he compared the Ferguson shooting with the Palestinian struggle in Gaza.

Alicia Keys and husband Swizz Beatz welcome second child

Alicia Keys Swizz BeatzWashington, Dec 29 : Alicia Keys recently welcomed her second child with her

Sofia Vergara's love of life also a best friend

Sofia VergaraWashington, Dec 29 : Sofia Vergara has recently wished her love Joe Manganiello a happy birthday on social media, which enlightens the fact that her love of life is her best friend too.

The 'Chef' actress mentioned in her latest post that Manganiello makes her laughs like crazy and she had always wanted to have somebody that knows how to have fun, E Online reported.

The 42-year-old actress previously said on the 'Live With Kelly and Michael' that the 'True Blood' actor was funny and entertaining, and she was blessed to have him in her life.

High exposure to air pollution increases pregnancy complications

High exposure to air pollution increases pregnancy complications Washington, Dec 29 : A new study has revealed that new evidence linking high exposure to air pollution to an increased risk of congenital malformations have been discovered.

The nationwide study is the first to assess the association between different modes of conception-assisted reproductive technology (ART) versus spontaneous conception (SC) -- and the risks of exposure to air pollution to each.

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