The senior RBI official, who assumed office on July 31, a day before he was to retire from the state-run Bank of Baroda as its chairman, said developments in construction technologies should make it possible for developers to bring down home prices.
Index heavyweights ITC was the top gainer along with RIL and HDFC
All eyes will be on 41-year-old Wasim Jaffer, who is only 853 runs shy of 20,000 first-class runs.
Brokers said a flurry of buying by investors in blue-chips mainly influenced the sentiment.
Despite inflation easing, experts see RBI maintaining status quo on Dec 2
Participants are eagerly waiting for the key macrodata -- IIP and CPI numbers due to be released later today.
Bank of Baroda is likely to merge its housing finance arm with itself in view of duplicating loan portfolio and increased cost of deposits and the need to maintain separate capital adequacy for BoB Housing Finance.
'Sachin Pilot once calculated that with a million Indians flooding the labour market every month, only an additional 12 million jobs annually could keep unemployment at the same level.' 'That's chickenfeed for the functionaries who cram my e-mail inbox every day with such a constant flow of job offers that trying to empty it is like trying to drink dry the horn connected to the ocean in Norse mythology,' says Sunanda K Datta-Ray.
RBI declines to accede to plea, upheld by Padmanabhan panel, for priority sector tag; feels move would dilute claims of those needing it more.
Markets crashed due to domestic worries; bluechip stocks tanked too.
Banks want lower provisioning burden on recast debt, interest on cash reserve ratio deposits.
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), both of which banks consider as non-productive.
As part of their deal Diageo agreed to pay Mallya, $75 million for stepping down as chairman of United Spirits and for entering into a non-compete pact
PSU bank shares were the top gainers on hopes of a rate by the RBI on easing consumer inflation
The 30-share Sensex was up 188 points at 28,415 and the 50-share Nifty was up 58 points at 8,584.
Bank of Baroda has revised upwards the interest rates on Non-Resident External deposits for various maturities by 0.05 to 0.1 per cent.
Stock market investors on Friday became richer by over Rs 1 lakh crore as the share market rose and the benchmark Sensex galloped to a new closing high enthused by the clear win of Narendra Modi-led BJP in Lok Sabha polls.
On Tuesday, Finance Minister P Chidambaram had more than adequately made clear that the government would be allocating Rs 14,000 crore through Budget, the Financial Services Secretary said.
IIP for November 2015 and CPI for December 2015 will be announced today.
Bank of Baroda (BoB) has revised the interest rates on FCNR(B) and NRE term deposits with effect from December 3, 2004.
India is Asia's other bad debt headache.
Enforcement Directorate is jointly probing the case.
Close to 9 lakh registered companies are not filing annual returns with the ministry of corporate affairs and are a potential source of money laundering, Revenue Secretary Hasmukh Adhia said on Saturday.
Analysts expect modest recovery in Indian economy.
The FMCG index gained more than 1% on the back of stellar gains in ITC.
Sun Pharma was the top gainer after SPARC received Sebi nod to raise up to Rs.250 crore through a rights issue
The estimated cost breakdown is one of the most important forms in the construction loan package.
Telecom stocks fell after Mukesh Ambani extended Reliance Jio's free offers till March 2017.
Over the past 25 years the MF industry has come a long way. Geographic reach has increased, many more customers have been added, more channels have been opened up and the product basket is full.
A Reuters poll had forecast retail inflation would slow to 8.35 percent from an annual 8.79 percent in January.
Global liquidity expected to continue amid ECB stimulus
To neutralise this, RBI has been doing forward swaps
Wondering if mutual fund investments can help you make you enough money for your retirement and child's marriage? Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
BSE Bankex and Telecom indices led the fall.
Most of the index heavyweights are yet to declare their results.
Sensex rose 5.8% this year, against a 3.2% rise in Nifty; Axis Bank inclusion may blunt Sensex edge
The central bank has been intervening in the foreign exchange market by buying dollars, and this is capping the rupee's gains.
After enduring volatility for the first two months of calendar year 2016 (CY16), global equity markets have recouped some of the losses in March. Jigar Shah, chief executive officer, Maybank Kim Eng Securities, believes the next triggers for the rally will come from a soft landing in China and no recession situation in the US.
Nifty September F&O series ended lower after seven consecutive positive series with Metal Index falling the most
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