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RBI slows pace of interest rate hikes but hints at more to come

The Reserve Bank of India slowed the pace of interest-rate increases for the second straight time when it on Wednesday expectedly increased borrowing cost by 25 basis points but hinted more to come......

Gold imports up 6.4% to $13 billion in Q1

India's gold imports, which have a bearing on the country's Current Account Deficit (CAD), rose 6.4 per cent to $12.9 billion during April-July this fiscal due to healthy demand, according to......

Raghuram Rajan calls for global rules of conduct for central banks

He said monetary policies of certain countries have adverse impact globally but still there is no open discussion on this Reserve Bank of India Governor Raghuram Rajan on Saturday called for a......

Treat gold deposits as part of cash reserve ratio: SBI

The country's two biggest state-run lenders on Saturday pitched for treating a portion of their gold deposits as part of the mandatory cash reserve ratio (CRR) or statutory liquidity ratio (SLR),......

FinMin promises more steps, hopeful of growth revival

Committing to more steps to boost economy, the Finance Ministry said initiatives taken by the government in the past one year will boost investment and revive the sagging growth. "The government is......

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GUJARAT, HIMACHAL GO TO POLLS

The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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