Search For "rate cut"
CBEC chief asks FMCG companies to revise MRP post GST rate cut
Updated : 8 years, 3 months ago IST
New Delhi [India], Nov 21 (ANI): Central Board of Excise & Customs (CBEC) Chairperson Vanaja N Sarna has written to all the major Fast-Moving Consumer Goods (FMCG) companies pointing out the need to immediately revise the maximum retail price on all the products on which the GST has been red
Read More
GST rate cut brings relief to direct selling industry, says IDSA
Updated : 8 years, 3 months ago IST
New Delhi [India], Nov. 15 (ANI): The government's decision to cut GST rates on many daily use items has brought a sigh of relief and cheer for the direct selling Industry, according to the Indian Direct Selling Association (IDSA).
Read More
BJP slams Cong for claiming credit over GST rate cuts
Updated : 8 years, 4 months ago IST
New Delhi [India], November 12 (ANI): The Bharatiya Janata Party slammed the Congress Party leaders for claiming credit for the Goods and Services Tax (GST) Council's decision to cut tax rates on 178 items of daily use.
Read More
Limited room for rate cut if inflation target is to be achieved: SBI repor
Updated : 8 years, 5 months ago IST
New Delhi [India], Sept 27 (ANI): The State Bank of India (SBI) in its report authored by Dr. Soumya Kanti Ghosh, Group Chief Economic Adviser stated that if the Reserve Bank of India (RBI) moves towards the four percent inflation target in January 2018 as was suggested earlier, there would
Read More
Top bankers laud RBI's rate cut, says step will reinforce confidence
Updated : 8 years, 6 months ago IST
New Delhi [India], August 2 (ANI): MD and CEO ICICI Bank, Chanda Kochhar on Wednesday said that the rate cut by the Reserve Bank of India (RBI) is a positive step, which will react to incoming data in a calibrated manner to reinforce the confidence amongst global investors.
Read More
RBI's rate cut decision to act as investment booster: FICCI
Updated : 8 years, 6 months ago IST
New Delhi [India], August 2 (ANI): FICCI President Pankaj Patel on Wednesday welcomed Reserve Bank of India's (RBI) move to cut 25 basis points (bps) in repo rate calling it an investment booster.
Read More
Deregulation will benefit real estate development, says Surendra Hirananda
Updated : 8 years, 6 months ago IST
New Delhi [India], August 2 (ANI): Chairman and MD of House of Hiranandani Surendra Hiranandani on Wednesday commented on the Reserve Bank of India's (RBI) rate cut of 25 basis points (bps) upholding that deregulation will lead to the success of government initiatives regarding real est
Read More
RBI repo rate reduction appropriate for sustainable growth : DEA Secy
Updated : 8 years, 6 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).
Read More
Sensex falls over 100 points amid RBI announcing rate cut by 25 bps
Updated : 8 years, 6 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
Read More
25 bps repo rate cut likely in August 2017 policy review, says ICRA
Updated : 8 years, 6 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.
Read More
SBI reduces home loan interest rate by 25 basis points
Updated : 8 years, 6 months ago IST
New Delhi [India], May 8 (ANI): State Bank of India (SBI) on Monday announced a rate cut in the home loans category by 25 basis points to 8.35 percent per annum in line with Prime Minister Narendra Modi's initiative of 'Housing for All' by 2022.
Read More
Govt. announces interest rate cut on small saving schemes by 0.1 pct
Updated : 8 years, 6 months ago IST
New Delhi [India], Mar 31 (ANI): The Centre on Friday announced a slash in interest rates for small savings schemes, including Public Provident Fund, by 0.1 percent in effect from April 1.
Read More