Last Updated: Friday, April 11, 2014, 22:02
Expressing disappointment over industrial production contracting by 1.9 percent in February, India Inc Friday demanded an immediate cut in lending rate by the Reserve Bank to boost the economy.
Last Updated: Monday, June 17, 2013, 09:52
The BSE benchmark Sensex Monday rose 19 points in late morning trade led by healthcare, teck, and auto stocks even as the Reserve Bank kept key interest rates unchanged.
Last Updated: Monday, May 06, 2013, 20:22
The 30-share Sensex ended at 19,673.64 points Monday.
Last Updated: Wednesday, May 01, 2013, 21:40
Brokerages Bank of America-Merrill Lynch and Nomura too are expecting a 25 bsp repo cut.
Last Updated: Monday, April 15, 2013, 18:38
Industry body CII Monday pressed for one percent cut in interest rates by the Reserve Bank to attract investment and demanded more reform measures to accelerate economic growth.
Last Updated: Friday, April 12, 2013, 18:09
Industry chamber Ficci said the RBI should intervene and cut interest rates.
Last Updated: Tuesday, March 19, 2013, 23:27
But it warned that banks are unlikely to lower lending rates immediately as deposit growth is weak and the cost of borrowings remains high.
Last Updated: Tuesday, March 19, 2013, 09:25
For the second time in 2013, the Reserve Bank of India on Tuesday cut policy rates by 0.25 percent, a move that will make loans cheaper.
Last Updated: Monday, March 18, 2013, 23:11
Lingering inflation pressures and the still wide current account deficit limits the scope of RBI to ease monetary policy, experts believe.
Last Updated: Monday, March 18, 2013, 19:41
In the previous review announced Jan 29 this year, the RBI had lowered all the key policy rates by 0.25 percent.
Last Updated: Sunday, March 17, 2013, 13:37
However, overall inflation increased marginally to 6.84 percent in February driven by costlier food items and petrol.
Last Updated: Sunday, March 17, 2013, 12:08
Even if RBI cuts rates on Tuesday, the tone of monetary policy guidance is unlikely to change significantly, they said, adding that policy guidance is likely to be "cautious".
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