Sunday, December 21, 2014 5:58 PM EST

RBI

The Reserve Bank of India (RBI, Hindi: भारतीय रिज़र्व बैंक) is the central banking system of India and controls the monetary policy of the rupee  as well as 287.37 billion US-Dollar (2009) currency reserves. The institution was established on 1 April 1935 during the British-Raj in accordance with the provisions of the Reserve Bank of India Act, 1934 [1]  and plays an important part in the development strategy of the government.

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Justin Upton with the Atlanta Braves
MLB Trade News: San Diego Padres Get Justin Upton From Atlanta Braves

By IBTimes AU

San Diego Padres acquired star Justin Upton in a multi-player trade with the Atlanta Braves (11:25 pm)

MORE TOPICS: TWITTER, ARIZONA, MAJOR LEAGUE BASEBALL, LOS ANGELES, SILVER

Sony Computer Entertainment Japan Asia President Hiroshi Kawano speaks during a news conference in Tokyo September 9, 2013. Sony Corp announced the Japanese release of its PlayStation 4 on Monday as the electronics maker braces for a console war with Micr
PS4 News: Updates On The Games For Holiday Sale Week 2 And A Possible New Feature Teased

By IBTimes AU

The second week of the PlayStation’s Holiday Sale is already on, while a new teaser video has given a glimpse of possible friend notifications for the PS4. (Dec 12)

MORE TOPICS: SONY

Kansas City Royals left fielder Alex Gordon
2014 MLB World Series Game 6: Kansas City Royals 10, San Francisco Giants 0 [PHOTOS]

By IBTimes AU

The Kansas City Royals bamboozled the San Francisco Giants in Game 6 of the MLB World Series (Oct 30)

MORE TOPICS: MAJOR LEAGUE BASEBALL

Kansas City Royals left fielder Alex Gordon
2014 MLB World Series Game 4: San Francisco Giants 11, Kansas City Royals 4 [PHOTOS]

By IBTimes AU

The Giants beat the Royals, 11-4 in Game 4 to tie the 2014 MLB World Series (Oct 27)

MORE TOPICS: MAJOR LEAGUE BASEBALL

MLB NLCS Game 4 - Giants 6, Cardinals 4; San Francisco One Win Away From World Series [PHOTOS]

By IBTimes AU

Giants 6, Cardinals 4 in Game 4 of NLCS (Oct 16)

MORE TOPICS: MAJOR LEAGUE BASEBALL

2014 MLB Postseason: Kansas City Royals 6, Baltimore Orioles 4 in ALCS Game 2

By IBTimes AU

Royals beat the Orioles, 6-4 in Game 2 of the ALCS (Oct 12)

'Titanfall' Prop During The Electronic Entertainment Expo (E3)
Xbox One Gaming Updates: Titanfall’s Possible DLC Modes, Ghosts’ Newest Fixes and New ID@Xbox Titles Revealed

By IBTimes AU

Xbox exclusive “Titanfall” may have some upcoming modes hidden in its codes. Meanwhile the Xbox One version of “COD: Ghosts” is getting a few tweaks with an update. The indie-friendly lineup of games from ID@Xbox this week has also been revealed. (Jul 03)

MORE TOPICS: SONY

Robinson Cano Helps Seattle Marines Win Over NY Yankees

By IBTimes AU

Robinson Cano made a successful return in the Yankees Stadium, as he drove one run to help the Seattle Mariners take a 6-3 win over the NY Yankees on Tuesday. (Apr 30)

Workers pour melted copper in a mould to make utensils and accessories inside a workshop in Srinagar.
India's Growth Prospects Dim Regardless of Election Outcome - Reuters Poll

By Reuters

Prospects for a strong economic rebound in India are dim as industry remains weak, and although a business-friendly opposition party looks likely to form a new government, its ability to pass sweeping reforms is in doubt, a Reuters poll showed. (Apr 27)

MORE TOPICS: CHINA, STANDARD CHARTERED BANK, RETAIL, INDIA, INVESTMENT

Higher Food Costs Probably Pushed Inflation up in March
Higher Food Costs Probably Pushed Inflation up in March

By Reuters

Inflation in India is expected to have edged up on higher food costs in March, snapping a three-month easing trend that will give the Reserve Bank of India (RBI) less scope to support the economy amid fresh signs of slowdown. (Apr 15)

MORE TOPICS: RETAIL, ELECTIONS, INDIA, INVESTMENT, CONGRESS