India's near-term growth has improved: IMF
Better supply management and check on hoarding should be able to prevent food price spikes
Home loans of up to Rs 75 lakh (Rs 7.5 million) would now be available to fresh borrowers at 10.10 per cent against the existing rate of 10.15 per cent, State Bank of India said in a statement.
If net forex outflows turn out to be relatively high in the next few years, the rupee could depreciate beyond Rs 80 to a dollar by 2022. The causal reasons could, for example, include unmet expectations of FPI and FDI investors about the performance of the Indian economy, sharp rise in prices of imported oil and decrease in FX remittances. The RBI has to ask itself whether guaranteeing future rupee-dollar exchange rates on FX forward contracts is a reasonable way to use its risk-bearing capacity, says Jaimini Bhagwati.
The rise in government borrowings through bonds is impeding the growth of the corporate debt market in the country.
Institutions will wait till there is more clarity on Budget.
This is the index's biggest single-day fall in almost a month
At least 2 persons were killed and over 15 injured including several policemen when police opened fire on a mob of protestors on Wednesday afternoon.
November 14's full moon will be the closest for 70 years. The moon will come 221,524 miles from Earth -- almost touching distance in space terms.
Investors booked profits after strong 641-point rally in the previous two sessions, brokers said.
CREDAI Chairman Lalit Jain said a long term status quo on interest rates would not help prospective home buyers.
However, the budget arithmetic is slightly optimistic.
RBI had previously cut repo rate by 0.25 per cent each in January and March.
The government's ambitious gold deposit scheme can succeed only if depositors are paid a higher interest rate.
A Station House Officer and four police jawans were on Friday killed and three others injured, one of them critically, in a Naxal ambush in Maoist-hit Dantewada district of Chhattisgarh, police said.
'One cup of tea brings me so much happiness.' 'You take that away from me and I know I'm going to have a really bad day.'
Soft crude prices will cut fuel subsidy bill and help contain fiscal slippage this year.
The RBI expects CPI inflation to fall from 5.8% in Jan '16 to 4.8% in Jan-Mar '17.
The recent agreement between the RBI and the Centre marks a significant step forward toward financial inclusion.
In the 30-share Sensex constituents, 16 ended lower and 14 gained, helping the benchmark indices trim losses.
As the Reserve Bank maintained a status quo on key policy rates, analysts said higher demand due to supply constraints will not allow inflation to ease as quickly as anticipated and the apex bank may be forced to increase rates once more by the year-end.
The Reserve Bank of India (RBI) kept its key policy repo rate unchanged at 8.0 percent on Tuesday, as widely expected, while expressing concerns about risks to its target to bring consumer inflation down to 6 percent by January 2016.
RBI is closely monitoring monsoon.
How investors can tweak their fixed income investments to earn more in the current environment.
Real estate biggies unhappy with status quo on RBI rate cut.
With crude and commodity prices ebbing and the twin deficits under check, the Reserve Bank should have cut the key policy rate to push investments and boost economic growth, India Inc said.
'At the back of the courtroom the three accused sat trying to catch the drift and fathom the new, inexplicable turn the case could be taking.' 'And the consequences it might have on their lives.'
The rupee strengthened by 13 paise to 61.67 against the US dollar at close.
20 new industrial clusters will be developed in 2014-15.
A smart grid is an electrical grid, which includes a variety of operational and energy measures, including smart meters, smart appliances, renewable energy resources and energy-efficiency resources.
With a sole mandate of inflation targeting, RBI wears many hats.
Top bankers have hailed the contributions of the outgoing Reserve Bank Governor Duvuuri Subbarao saying he did his best during a tenure that was marked by difficult times for the economy.
The State Bank of India has proposed to the RBI to allow it to charge mark-to-market losses on its balance sheet.
When calamity strikes, it does not discriminate. This was on ample display when floods ravaged Kashmir.
Sensex sinks into red at close on growth concerns.
A rare video footage of Maoists purportedly showing the rebels conducting a 'commando-style' training to gun down helicopters, used to ferry security personnel and VIPs in Chhattisgarh's worst insurgency-hit Bastar region, has been recovered by the police.
The private discoms that join the scheme would only benefit in terms of operational efficiency and there will not be any financial bailout
One of the slain terrorists has been identified as Shahbaz Safi Wani alias Rayees Kachru, who was active in the area since June, 2016.
Their net NPA as a proportion of net advances were 2.2 per cent, compared with 1.7 per during the same period a year earlier.
Headed by Urjit Patel, MPC for the fourth straight time kept the repo rate unchanged, at which it lends to the banks, at 6.25 per cent. The reverse repo, at which RBI borrows, will be 6 per cent.
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