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Banks to face RBI heat for not passing on base rate cut benefit

Central bank sees action as discriminatory, unfair The Reserve Bank of India (RBI) is not comfortable with the fact that commercial banks are not passing the entire benefit of base rate cut to the......

RBI cuts rates, home, car loans to become cheaper

Concerns over inflation, though, remain. The Reserve Bank of India (RBI) cut its policy interest rate to a 4-1/2 year low of 6.75 per cent on Tuesday, in a bigger-than-expected move that, with......

Chidambaram welcomes RBI rate cut of 0.5%

Former Finance Minister P Chidambaram today welcomed the 0.50 per cent cut in interest rate announced by the Reserve Bank of India (RBI) saying it was overdue. "I welcome the decision of RBI to......

Rs 15,000 cr of gold bonds likely this year, in tranches

The Reserve Bank of India is likely to issue Rs 15,000 crore (Rs 150 billion) worth of sovereign gold bonds for the current financial year but will first test investor response with a  tranche......

Reserve Bank hires outside talent to boost market nous

The new hire, Gangadhar Darbha, joined as a consultant The Reserve Bank of India (RBI) has hired a former Nomura algorithmic trader, officials said, taking a rare step to recruit externally as it......
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Sensex up 170 points, IndusInd Bank turns negative after results

1:07pm: The equity markets have trimmed some of their morning gains, with the Sensex now trading at 26,978.98, up 133.17 points, or 0.5%. The Nifty... ...
IMF told that amid 'new mediocre' no room for mistakes by central banks

Central banks have little room for error in a low-growth world in which over-leveraged and commodity-dependent emerging economies and a slowing... ...
Small savings to feel the squeeze

Even though rates on small saving schemes have been linked to yields on government securities of comparable maturity, experts said that the... ...
Cow politics and the Bihar polls

No one thought that beef and meat ban or reservation would become key poll issues in Bihar. At this juncture, however, the major political parties... ...

Share to Facebook Share to Twitter DEVELOPMENT AGENDA IS OUT ONCE AGAIN By Kalyani Shankar No one thought that beef and... ...

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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