News for 'Open Market Committee'

Why the rupee is expected to fall

Why the rupee is expected to fall

Rediff.com7 Sep 2015

Friday's US data showed addition of 173,000 jobs in August.

Modi govt's efforts led to decline in inflation: BJP

Modi govt's efforts led to decline in inflation: BJP

Rediff.com15 Sep 2014

The party said its government has taken a number of initiatives since its formation including tough action against hoarders and limiting export prices of essential commodities like onion, rice and wheat.

Budget: Experts seek higher farm investment, market reforms

Budget: Experts seek higher farm investment, market reforms

Rediff.com5 Jun 2014

In a pre-budget meeting with Finance Minister Arun Jaitley, the experts suggested timely implementation of the BJP's election manifesto promises to fix higher support prices. They also favoured a Kissan TV channel, an efficient procurement policy, priority for farm mechanisation and the linking of rivers.

Chandra panel against open sky

Chandra panel against open sky

Rediff.com2 Dec 2003

How Vicks Vaporub Become A Blockbuster

How Vicks Vaporub Become A Blockbuster

Rediff.com31 Oct 2023

Within six months, outlets carrying Vicks jumped from 60,000 pharmacies to 750,000 general stores. The trade boycott collapsed. Consumers were happy, finding Vicks now at every street corner. A fascinating excerpt from Gurcharan Das's Another Sort of Freedom.

'20 Indian companies now account for over 90 per cent of profits'

'20 Indian companies now account for over 90 per cent of profits'

Rediff.com18 Aug 2021

'The consolidation of the world's fifth-largest economy in the hands of 15-20 corporate giants is a once-in-generation event, which we are focusing on.'

Rupee strengthens by 11 paise ahead of US Fed meet

Rupee strengthens by 11 paise ahead of US Fed meet

Rediff.com17 Mar 2015

On Monday, the rupee gained 16 paise.

What rate cut means for India's financial markets

What rate cut means for India's financial markets

Rediff.com5 Oct 2016

FPIs, which are holding large exposures in Indian debt, could also be expected to book some capital gains as yields slide down

Stock market caught by RBI's status quo, tumbles 70 pts

Stock market caught by RBI's status quo, tumbles 70 pts

Rediff.com5 Dec 2019

The stock markets, which had opened in the green on rate cut hopes, tumbled after the monetary policy announcement.

Nuh violence spills over into Gurugram, mosque, eatery torched

Nuh violence spills over into Gurugram, mosque, eatery torched

Rediff.com1 Aug 2023

Mobs killed a cleric in a late night attack on a mosque, torched an eatery and vandalised shops as communal violence that began in Haryana's Nuh spilled over into Gurugram, taking the death toll to five, the police said on Tuesday.

Markets end modestly higher as RBI policy meet begins

Markets end modestly higher as RBI policy meet begins

Rediff.com5 Feb 2019

In the Sensex pack, Hero MotoCorp, IndusInd Bank, Bajaj Auto, Maruti and M&M were the top gainers, spurting up to 2.66 per cent.

Delhi mayor poll on Jan 6, last date to file nominations Dec 27

Delhi mayor poll on Jan 6, last date to file nominations Dec 27

Rediff.com21 Dec 2022

Delhi Lt Governor V K Saxena recently had approved a proposal to convene the first meeting of the corporation on January 6, 2023.

Farm reforms may help Cargill's expansion plans in India

Farm reforms may help Cargill's expansion plans in India

Rediff.com10 Oct 2020

Cargill believes the reforms would act as a catalyst in attracting private sector investment in building supply chains for taking Indian farm produce to national and global markets.

An open letter to the RBI governor

An open letter to the RBI governor

Rediff.com11 Jan 2019

Central banking is a science, not an art, Tamal Bandyopadhyay tells RBI Governor Shaktikanta Das.

Rupee plunges to 6-week low of 64.16 vs dollar

Rupee plunges to 6-week low of 64.16 vs dollar

Rediff.com27 Jul 2015

The rupee had lost 27 paise to close at more than 5-week low.

What shock? India can absorb hike in US interest rates, say market experts

What shock? India can absorb hike in US interest rates, say market experts

Rediff.com18 Mar 2015

Market experts poohpooh fears of capital flight from India.

Airtel not to renew sponsorship contract with BCCI

Airtel not to renew sponsorship contract with BCCI

Rediff.com18 Sep 2013

Telecom major Airtel has decided against renewing the title sponsorship contract with the BCCI for India's international matches at home leading to the Board calling a marketing committee meeting in Mumbai, on Thursday.

Rupee ends steady vs dollar at 63.91

Rupee ends steady vs dollar at 63.91

Rediff.com29 Jul 2015

Forex dealers said that weakness in the dollar against other currencies overseas also supported the rupee.

2 things that will impact stock movement this week

2 things that will impact stock movement this week

Rediff.com18 Aug 2013

Rupee movement, global cues key for stocks this week: Experts

Urjit Patel most likely to have a soothing effect on stock markets

Urjit Patel most likely to have a soothing effect on stock markets

Rediff.com22 Aug 2016

Rupee, bonds may see knee-jerk reaction, as Urjit Patel is considered an inflation warrior

BJP dares Rahul for debate on what Cong has done for farmers

BJP dares Rahul for debate on what Cong has done for farmers

Rediff.com25 Dec 2020

Union minister Prakash Javadekar accused the Congress of ignoring farmers' interests and keeping them poor to ensure cheap grain prices, and asserted that the Modi government empowered them by implementing the Swaminathan commission report to give them remunerative price through MSP.

Top firms in race for Team India sponsorship

Top firms in race for Team India sponsorship

Rediff.com29 May 2010

Leading Indian companies are considering whether to bid for the India cricket team sponsorship for the next three years. The deadline for doing so is Saturday.

Spot Trade: Private players eye Gujarat pie

Spot Trade: Private players eye Gujarat pie

Rediff.com13 Jul 2007

Amendments to the Agriculture Produce Market Committees Act have opened floodgates for private companies and online commodity exchange in Gujarat.

Rupee plunges 58 paise to close at all-time low of 81.67/USD

Rupee plunges 58 paise to close at all-time low of 81.67/USD

Rediff.com26 Sep 2022

The rupee plunged 58 paise to close at an all-time low of 81.67 (provisional) against the US dollar on Monday as the strengthening of the American currency overseas and risk-averse sentiment among investors weighed on the local unit. Moreover, escalation of geopolitical risks due to conflict in Ukraine, a negative trend in domestic equities and significant foreign fund outflows sapped investor appetite, forex traders said. At the interbank foreign exchange market, the local currency opened at 81.47, then fell further to close at an all-time low of 81.67 against the American currency, registering a decline of 58 paise over its previous close.

Factors that will decide the fate of rupee this month

Factors that will decide the fate of rupee this month

Rediff.com10 Jun 2015

The Rupee is expected to weaken further against the dollar.

Malls, hotels, religious places open as Unlock 1 begins

Malls, hotels, religious places open as Unlock 1 begins

Rediff.com9 Jun 2020

As the number of cases crossed 2,56,000 with more than 7,100 fatalities, according to Union health ministry figures, and the country made a calibrated exit from the lockdown in non-containment zones, shop shutters in many malls went up for the first time since March 25 but the sprawling retail places were eerily empty.

'India is a big potential market for China'

'India is a big potential market for China'

Rediff.com7 Dec 2015

In 2013, China took over as India's largest trading partner.

Gold rises on dovish Fed minutes, set for weekly gain

Gold rises on dovish Fed minutes, set for weekly gain

Rediff.com9 Oct 2015

Gold is up 0.8 per cent for the week, after hitting a near-two-week high earlier in the week.

Federal Reserve can hike funds rate anytime after April

Federal Reserve can hike funds rate anytime after April

Rediff.com20 Mar 2015

Dollar's strength and falling crude oil prices force downward revision of 2015 growth forecast.

Reinventing Capitalism For The Digital Age

Reinventing Capitalism For The Digital Age

Rediff.com16 Jun 2023

US Congressman Ro Khanna's message is that instead of depending on the 'hidden hand' of capitalism -- that is to say, the power of markets -- it is time for policymakers to play a more active role in making sure that a wide range of towns become locations for digital economy enterprises and jobs, points out Ajit Balakrishnan.

Sensex ends below 28,000 as rate cut hopes dim

Sensex ends below 28,000 as rate cut hopes dim

Rediff.com22 Aug 2016

Urjit Patel as the new RBI governor whose focus is on taming inflation has lowered the probability of interest rate cut soon

US Fed rate hike boosts Sensex by 309 points; Nifty ends near 7,850

US Fed rate hike boosts Sensex by 309 points; Nifty ends near 7,850

Rediff.com17 Dec 2015

Index heavyweight RIL surged 3% to end above Rs 1,000 mark while IT majors were also the top gainers.

US Fed cuts interest rate to almost zero

US Fed cuts interest rate to almost zero

Rediff.com16 Mar 2020

In a drastic measure to stem any major disruption to the US economy as a result of the coronavirus outbreak, the Federal Reserve has cut its benchmark interest rate to almost zero and said it would buy USD700 billion in bonds. The covid-19 pandemic has sickened more than 156,000 people worldwide and left more than 5,800 dead. The death toll in the US stands at 68, while infections neared 3,700.

Farmer unions refuse to appear before 'pro-govt' panel

Farmer unions refuse to appear before 'pro-govt' panel

Rediff.com12 Jan 2021

Addressing a press conference at Singhu Border in New Delhi, farmer leader Balbeer Singh Rajewal said that farmers never demanded the Supreme Court form a committee to resolve the impasse, alleging the central government was behind this development.

Markets end flat on poor macroeconomic data

Markets end flat on poor macroeconomic data

Rediff.com1 Jun 2017

Adani Ports, HUL and L&T gained the most, while ICICI Bank, ONGC, GAIL and Tata Steel lost the most

Should Banks Be Closed On ALL Saturdays?

Should Banks Be Closed On ALL Saturdays?

Rediff.com25 Jul 2023

Currently, banks are closed every second and fourth Saturday of a month. Why shouldn't they be shut every Saturday? When most customers carry their banks in their pocket (the app on the mobile phone), there is no need to keep banks open on Saturdays, argues Tamal Bandyopadhyay.

Rupee hits over 2-week low of 67.35, drops 27 paise

Rupee hits over 2-week low of 67.35, drops 27 paise

Rediff.com25 Jul 2016

On Friday, the rupee had gained 9 paise to close at a fresh one-week high of 67.08.

Rupee jumps 25 paise against US dollar

Rupee jumps 25 paise against US dollar

Rediff.com28 Jul 2015

The domestic unit moved in a range of 64.14 and 63.99.

All Eyes On M&M-RBL Bank Saga

All Eyes On M&M-RBL Bank Saga

Rediff.com14 Sep 2023

Why did the company zero in on RBL Bank to understand the business of banking? While the M&M investors heaved a sigh of relief, one gentleman must have been all smiles after this, RBL Bank MD and CEO R Subramaniakumar, notes Tamal Bandyopadhyay.

How India Can Rival China As Production Platform

How India Can Rival China As Production Platform

Rediff.com28 Jul 2023

We have the workforce, now we need to ensure that we take full advantage of game-changing technologies and geopolitical openings, suggests Jayant Sinha, chairman, Parliament's Standing Committee on Finance.