"There are no two views that taming inflation is critical," said BV Gopal Reddy, president, Federation of Karnataka Chambers of Commerce and Industry (FKCCI). "But at the same time the measures that are contemplated should not adversely affect businesses. Otherwise, it will have the result o
Mumbai (Maharashtra) [India], October 3 (ANI): Indian markets traded flat and were in negative territory during morning trade on Monday, tracking weak global cues. The 30-share index was down 194 points to 57,231 whereas Nifty50 dipped 52 points to 17,042 at 9.30 IST on Monday.
Mumbai (Maharashtra) [India], August 6 (ANI): Canara Bank has decided to hike its repo rate linked lending rate by 50 basis points or 0.50 per cent to 8.30 per cent with effect from August 7.
Mumbai (Maharashtra) [India], August 5 (ANI): The Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said 50 basis points or 0.50 per cent hike in policy rates has become a new normal for the central banks across the world.
New Delhi [India], August 4 (ANI): The three-day Reserve Bank of India's monetary policy committee meeting commenced on Wednesday and it is highly likely the six-member panel will go for another interest rate hike to curb rising domestic inflation.
Mumbai (Maharashtra) [India], June 20 (ANI): LIC Housing Finance Ltd, a leading housing finance company in India, on Monday announced an increase in lending rate by 60 basis points or 0.60 per cent which will lead to a jump in EMIs of the company's customers.
Mumbai (Maharashtra) [India], May 5 (ANI): The Indian stock markets' key indices, Sensex and Nifty, were trading with gains of over one per cent in the early afternoon session on Thursday, led by strong buying support in metal, IT and banking stocks as lower than expected rate hikes by the U
Mumbai (Maharashtra) [India], May 4 (ANI): The Indian stock markets' key indices, Sensex and Nifty, slumped by more than two per cent on Wednesday after the Reserve Bank of India (RBI) made a surprise announcement to hike policy repo rate by 0.40 per cent.
Mumbai [India], December 8 (ANI): Amid growing concern about the impact of the new strain of Coronavirus on the economy the Reserve Bank of India (RBI) on Wednesday stuck to its "wait and watch" policy keeping the key lending rates unchanged for the ninth consecutive time.
New Delhi [India], December 8 (ANI): The Reserve Bank of India (RBI) maintained a status quo on key rates, keeping the repo rate unchanged, in its bi-monthly policy review announced on Wednesday.
Mumbai (Maharashtra) [India], October 8 (ANI): The Reserve Bank of India (RBI) on Friday kept the repo rate unchanged for the eighth time straight and continued with an accommodative stance.
Mumbai (Maharashtra) [India], August 6 (ANI): The Reserve Bank of India (RBI) on Friday kept repo rate unchanged for seventh time straight and continued with an accommodative stance, citing the need to support ongoing growth recovery amid continued uncertainty and global financial market vol