The RBI kept its key policy repo rate unchanged at 8.0 percent in its recent monetary policy.
Two individuals filed the petition in the high court of Andhra Pradesh
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India plans IPO rule changes to lure homegrown start-ups.
India's current limit of $25 billion for ownership of government bonds by FIIs is fully utilised, leading to calls for increasing it
India showed revival signs in the March quarter.
Indian Economy poised for growth, say experts.
The spike at private sector lenders like ICICI Bank and Axis Bank follows a push to grab market share from India's dominant state banks.
India is Asia's third-best performing equity market.
The corporate income tax breaks make up a relatively small part of $80 billion in business giveaways.
The country last raised the amount of government debt that foreign investors can buy by $5 billion in June last year.
The exemption from MAT does not apply retroactively.
It hopes to attract billions of dollars in investment by this move, and may ease some restrictions on foreign inflows.
Sahara chief Subrata Roy may not come out clean in the biggest ever investment fraud that he allegedly did few years ago.
Sahara and its founder Subrata Roy have been under scrutiny for years over its financial products, including for possible money laundering.
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