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RBI repo rate reduction appropriate for sustainable growth : DEA Secy
Updated : 8 years, 7 months ago IST
New Delhi [India], August 2 (ANI): The Secretary, Department of Economic Affairs (DEA) Subhash Chandra Garg on Wednesday asserted that the Government welcomes the rate cut of 25 basis points (bps) by the Reserve Bank of India (RBI).
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Sensex falls over 100 points amid RBI announcing rate cut by 25 bps
Updated : 8 years, 7 months ago IST
New Delhi [India], Aug 2 (ANI): After the Reserve Bank of India (RBI) on Wednesday announced reduction in the reverse repo rate by 25 basis points (bps), volatility gripped the benchmark indices as the Sensex dipped down 106.82 points at 32468.35, while the Nifty was down 38.5 points at 1007
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RBI cuts repo rate by 25 basis points to 6 percent
Updated : 8 years, 7 months ago IST
New Delhi [India], Aug 2 (ANI): The Reserve Bank of India (RBI) on Wednesday announced a reduction in the reverse repo rate by 25 basis points (bps) under the liquidity adjustment facility (LAF), bringing it down from 6.25 percent to six percent, effective immediately.
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China shows off newest weapons in military parade
Updated : 8 years, 7 months ago IST
Beijing [China], July 31 (ANI): A major military parade, part of the celebrations of the 90th anniversary of China's People's Liberation Army (PLA), is being viewed as a pointed reminder of President Xi Jinping's firm grip on power.
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ASSOCHAM urges RBI to slash interest rates due to low inflation
Updated : 8 years, 7 months ago IST
New Delhi [India], July 30 (ANI): Against the backdrop of a decline in factory output, with inflation at a five-year low, the ASSOCHAM on Sunday wrote to the Reserve Bank of India (RBI) Governor Urjit Patel, stressing on the need to cut at least 25 basis points in the policy interest rate, a
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Mehbooba Mufti faces flak for 'cross-border trade' remark
Updated : 8 years, 7 months ago IST
New Delhi [India], July 30 (ANI): Kashmir Chief Minister Mehbooba Mufti's appeal to the Centre to not block trade routes with Pakistan has not gone down well with many, as experts have pointed out that Separatists are the only beneficiaries from such a trade.
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Seeking personal details for passport, voter ID does not violate privacy:
Updated : 8 years, 7 months ago IST
New Delhi [India], July 27 (ANI): The Centre on Thursday again pointed out to the Supreme Court that the kind of data taken by the government in the form of personal details for passport and voter ID verification and clearance does not and will not violate an individual's privacy.
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25 bps repo rate cut likely in August 2017 policy review, says ICRA
Updated : 8 years, 7 months ago IST
New Delhi [India], July 25 (ANI): Credit rating agency ICRA has anticipated that the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) would reduce the repo rate by 25 basis points (bps) in the upcoming policy review in August 2017.
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Nifty surpasses 10,000 mark, Sensex up by 102 points in opening trade
Updated : 8 years, 7 months ago IST
New Delhi [India], July 25 (ANI): In a historic moment, the National Stock Exchange's (NSE) Nifty for the first time crossed the 10,000 mark in the opening trade on Tuesday.
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D-Street indices open at record high; Fortis, Vijaya Bank among top gainer
Updated : 8 years, 7 months ago IST
New Delhi [India], July 24 (ANI): The opening trade on Monday flagged off on a positive note, with market indices triggeringg a record high with Sensex up by over 133 points at 32,174.51, while the Nifty at 9,947.30.
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40 percent of India's GDP outside GST: Chidambaram
Updated : 8 years, 7 months ago IST
Pune (Maharashtra) [India], July 23 (ANI): Criticising the Centre's formulation of the Goods and Services Tax (GST), former finance minister and Congress leader P. Chidambaram pointed out that many products have been kept out of the new tax regime.
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China not only bullying India but rest of world: BJP
Updated : 8 years, 7 months ago IST
New Delhi [India], July 21 (ANI): A day after Ministry of External Affairs (MEA) said that if China unilaterally changes status quo of tri-junction point then it poses a challenge to India's security, the Bharatiya Janata Party has warned Beijing against making an enemy out of the whole
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