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RBI likely to hold interest rate on Wednesday RBI likely to hold interest rate on Wednesday

The Reserve Bank of India (RBI) is expected to keep interest rates unchanged in its second bi-monthly policy review scheduled for Wednesday, despite latest data showing significant plunge in both inflation and in the rate of economic growth.

RCom share reverses trend, jumps 5% on 7-month debt reprieve RCom share reverses trend, jumps 5% on 7-month debt reprieve

Shares of Reliance Communications surged over 5 percent on Monday as the debt-laden telecom firm secured a reprieve of seven months to service its debt.

Sensex slips on profit-booking, mixed Asian cues Sensex slips on profit-booking, mixed Asian cues

Stock markets came off their peak and turned weak early Monday on emergence of profit-booking after recent rally amid mixed Asian cues.

MFs plan schemes to cash in on housing for all mission

Mutual fund houses plan to come up with special schemes focused on the housing sector that is expecting a big boost from the Centre's 'Housing for All by 2022' mission.

RBI to maintain neutral policy stance on June 7: Nomura RBI to maintain neutral policy stance on June 7: Nomura

Notwithstanding the moderating inflationary pressures, the Reserve Bank is expected to maintain its neutral policy stance at the policy review meet this week, says a Nomura report.

Banks not yet prepared for GST roll-out: IBA to Parliamentary panel Banks not yet prepared for GST roll-out: IBA to Parliamentary panel

With less than a month left for the rollout of the GST, the Indian Banks' Association (IBA) has informed a Parliamentary panel that lenders are not yet geared up for implementation of the new indirect tax regime.

RBI policy, macro data, monsoon to guide stock markets RBI policy, macro data, monsoon to guide stock markets

RBI's monetary policy review, key macroeconomic data and progress of monsoon rains would influence market sentiment this week, say experts.

PSBs plan to mobilise Rs 58,000 crore from capital markets this fiscal PSBs plan to mobilise Rs 58,000 crore from capital markets this fiscal

Public sector banks, including SBI, Bank of Baroda and IDBI Bank, plan to raise Rs 58,000 crore through equity dilution during the current fiscal to meet Basel-III norms and clean up their balance sheets.

RBI policy, macro data, monsoon to guide markets RBI policy, macro data, monsoon to guide markets

RBI's monetary policy review, key macroeconomic data and progress of monsoon rains would influence market sentiment this week, say experts.

Weekly Review: Rupee ends the week virtually stable Weekly Review: Rupee ends the week virtually stable

The rupee ended the week virtually stable at 64.44 against the US dollar after witnessing a bit of roller coaster ride even as equities continued their record- breaking rally.

Weekly Review: Markets post fourth weekly gain, up 245 points Weekly Review: Markets post fourth weekly gain, up 245 points

Market posted fourth consecutive weekly gain, with BSE Sensex ending new closing highs at 31,273.29 and the broader Nifty settling at record closing peak at 9,653.50.

Rupee zooms to 1-week high of 64.44 against dollar

Stretching its strong recovery momentum for the third straight day, the rupee on Friday rose by 4 paise to a fresh one-week high of 64.44 against the US dollar on sustained selling of the American currency by exporters.

Sensex, Nifty hit new closing highs; post 4th weekly gain Sensex, Nifty hit new closing highs; post 4th weekly gain

Sensex and Nifty on Friday hit new closing highs of 31,273 and 9,653, respectively on gains mainly in auto and pharma counters, helping the indices post fourth straight weekly gain ahead of the RBI policy next week.

Sebi forms committee on corporate governance

Aiming to improve standards of corporate governance of listed companies, markets regulator Sebi on Friday set up a committee under the chairmanship of Uday Kotak, chief of Kotak Mahindra Bank.

GMR Infra shares end nearly 14% up, mcap rises by Rs 1,238 crore

Shares of GMR Infrastructure on Friday ended with nearly 14 percent gains, adding Rs 1,238.11 crore to its market valuation, on reduction in the company's gross debt.

Markets resume their record-setting spree; Sensex, Nifty hit lifetime highs Markets resume their record-setting spree; Sensex, Nifty hit lifetime highs

BSE Sensex, which had lost 21.81 points in the past two sessions, bounced back by 194.97 points, or 0.62 percent to trade at 31,332.56, breaching its previous record high of 31,255.28 touched on May 31.

Rupee edges up 3 paise to 64.48 against USD

Extending gains for the second consecutive session, the rupee on Thursday rose by 3 paise to 64.48 a dollar, shrugging off weaker-than-expected GDP numbers.

HUL shares gain nearly 3%, m-cap rises by Rs 6,191 crore

Shares of FMCG major Hindustan Unilever rose by nearly 3 percent to hit its one-year high in intra-day trade Thursday, becoming the 6th most-valued Indian firm in terms of market valuation.

Pfizer shares soar over 7% on AstraZeneca deal

Shares of drug firm Pfizer Ltd on Thursday surged over 7 percent after the company entered into a pact with AstraZeneca AB to acquire the 'Neksium' brand in India for Rs 75 crore.

Sensex shrugs off weak GDP data, wait for RBI decision Sensex shrugs off weak GDP data, wait for RBI decision

India`s shares were flat, while bonds gained slightly despite data showing weaker-than-expected economic growth, with investors still betting the economy will improve.