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Reduce dependence on imports for arms, Antony to IAF
Against the backdrop of efforts to increase indigenisation to avoid defence scams, Defence Minister A K Antony on Tuesday asked the Indian Air Force to reduce its dependence on imports and work......
RBI wants to end lazy banking
'Banks are being encouraged to lend instead of parking their resources with the RBI and earn risk-free interest income,' points out Tamal Bandyopadhyay. IMAGE: Reserve Bank of India Governor......
Lower EMIs likely as RBI cuts lending rate by 35 bps
The fourth consecutive rate cut is expected to lower equated monthly instalments (EMIs) for home and auto buyers, and borrowing costs for corporates. IMAGE: RBI Governor Shaktikanta Das......
RBI cuts repo rate by 0.25%, lowers GDP forecast to 7%
In a move that may lead to lower home, auto and other loan EMIs, the RBI on Thursday cut interest rates for the third time this year by 25 basis points to their lowest level in nine years, and......
RBI relaxes cash reserve rules to ease liquidity
The move by the central bank follows concerns over tight liquidity conditions and banks' unwillingness to lend to NBFCs. The Reserve Bank of India on Thursday allowed banks to dip further into......
Sensex ends 91 points higher as RBI cuts repo rate by 25bps
Interest rate sensitive stocks gain ground post decision Markets have reacted positively to the RBI's decision to cut the repo rate by 25 basis points (bps), to 6.25%, in its bi-monthly monetary......
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