The RBI has agreed to consider the application of India Post in consultation with the government.
CRR remains unchanged at 4%; first repo rate cut since May 2013.
The macro economic situation and currency depreciation might top the priority list of Reserve Bank of India (RBI) governor-designate Raghuram Rajan.
Experts believe volatility is here to stay for some time, at least till China stabilises and clarity regarding the US Fed's interest rate move emerges.
Major rival parties in poll-bound Madhya Pradesh are literally waging a 'war of words' by coining meanings to alphabets to highlight issues of corruption allegedly linked to each other.
A poster boy of Congress in Mizoram, four-time Chief Minister Lal Thanhawla is a stalwart in the state politics and has been in and out of power for the past three decades.
Banks might hold on to lending rates for the time being.
'It is like bombing a building with 200 people to kill 5 terrorists.'
Rajan, as expected, furthered his predecessors' agenda and continued with the same resolution to make India's financial system safer, and direct the economy towards further liberalisation
Before Lok Sabha and Rajya Sabha was proceedings were disrupted by a relentless Opposition over the demonetisation issue, other topics such as compensation for military personnel, counterfeit notes were spoken of. Here's what happened in Parliament.
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