New Delhi: Disappointed over the RBI's decision to keep interest rates unchanged, India Inc today said the central bank could have leveraged abating inflation risks to effect a rate cut, as high cost of credit
Pune: The monetary policy announced today indicates that the RBI is of keeping a close eye on inflation rather than facilitating growth just as yet. This makes sense. Globally, emerging markets (including India) continue to
New Delhi: Following are the highlights of RBI's bi-monthly monetary policy statement:* Short-term lending (repo) rate unchanged at 8%* Cash reserve ratio (CRR) unchanged at 4%* SLR cut by 0.50% to 22% to unlock banking
Mumbai: Concerned over impact of weak monsoon on food price, RBI today decided to keep the key policy rate unchanged but slashed statutory liquidity ratio (SLR) by 0.5 per cent to unlock about Rs 40,000
Mumbai: Regulator Sebi has begun coming down hard on entities raising public money illegally through issue of ‘redeemable preference shares' and similar instruments, as also through sister concerns after being barred from markets.Action has been
New Delhi: The controversial Insurance bill has been deferred for consideration in the Rajya Sabha for the time being after a meeting of the government with opposition leaders failed to break the deadlock in the
New Delhi: Admitting that achieving fiscal deficit target of 4.1 per cent is a "tough task", Finance Secretary Arvind Mayaram today said the government will be able to meet it as there are "clear signs"
New Delhi: All trade unions, including the BJP affiliate Bhartiya Majdoor Sangh, in insurance sector will go on a strike tomorrow to protest the NDA government's decision to raise the FDI cap in the sector
New Delhi: Driven by an investment friendly government at the centre, overseas investors have pumped in a staggering $6 billion into the Indian securities market in July—taking their overall net inflows since beginning of 2014
New Delhi: As part of its vigour to track black money in country's economic channels, the I-T department is creating a new “warehouse” of business related intelligence and funds data which will empower the taxman
New Delhi: Amid fears of poor monsoon impacting food inflation, the Reserve Bank may opt for status quo on interest rate in its bi-monthly monetary policy review to be unveiled on Tuesday. The food inflation remaining
Mumbai: The Reserve Bank will continue to buy dollars to shore up the foreign exchange reserves to further buttress the nation's import cover, says a report. The forex reserves touched USD 320.564 billion in the
Kolkata: SBI's merger with its subsidiaries would be good for the company but additional capital would be needed for it, a top official said today. “It is a question of scalability and viability. Additional capital
New Delhi: A consumer forum here has asked an insurance company to pay over Rs 4.5 lakh to a man, whose medicalim it had rejected, for indulging in unfair trade practice and deficiency in service.The
New Delhi: India's manufacturing sector growth jumped to 17-month high in July, driven by "flood of new orders" from both domestic and overseas companies on the back of post-election boost to sentiments, an HSBC survey
New Delhi: Petrol price was today cut by Rs 1.09 per litre, the second reduction in three-and-half-months, while diesel rates were hiked by 56 paise a litre. The revisions will be effective midnight tonight, Indian
New Delhi: India's largest private sector bank, ICICI Bank, has reported a rise of 17 per cent growth in its first quarter net profit for the quarter ended June 30, 2014. The results got a
New Delhi: New Delhi: Prime Minister Narendra Modi will launch the government's campaign for financial inclusion to ensure that 7.5 crore households that do not have access to banking have at least two accounts.The efforts
New Delhi: The government Wednesday ruled out any tax amnesty scheme to unearth black money saying it goes against honest taxpayers even as it sought to send out a positive signal to investors by promising
New Delhi: Japanese conglomerate Mitsubishi Corporation's president and CEO Ken Kobayashi yesterday met Prime Minister Narendra Modi, an official statement said here."He gave an overview of the activities of Mitsubishi Corporation in India," the statement
Top News
Latest News
