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Sensex trips 95 pts ahead of Fed verdict, on earnings pain

BSEMumbai : The Sensex made short work of all its early gains today to close in the red at 26,603, in line with global caution, as investors remained tentative ahead [...]

December 14th, 2016 | Posted in Business,Highlights | Read More »

Rupee recoups 9 paise against dollar, macro data help

RupeeMumbai : After two straight days of fall, the rupee today staged a mild recovery of 9 paise to 67.45 against the dollar following fresh selling of the US currency [...]

December 14th, 2016 | Posted in Business,Highlights | Read More »

Sensex sheds 143 points on weak IIP data

BSE     Mumbai : The benchmark BSE Sensex fell by over 143 points in early trade today afer two days of gains as investors indulged in cutting down bets on [...]

December 12th, 2016 | Posted in Business,Highlights,Topnews | Read More »

WPI inflation dips to 3.39% in Oct as food prices soften

Protests in SrinagarNew Delhi : In the second consecutive month of decline, wholesale inflation eased to 3.39 per cent in October as food articles, led by vegetables, witnessed softening of prices. The [...]

November 15th, 2016 | Posted in Highlights,Nation,Topnews | Read More »

RBI optimistic on inflation, warns of risks to growth next yr

Reserve Bank of IndiaMumbai : The Reserve Bank today warned of risks to growth next year due to muted private investments and weak global demand coupled with geopolitical risks, but sounded optimistic on [...]

October 4th, 2016 | Posted in Business,Highlights | Read More »

Hope India will continue to prioritise low inflation: Rajan

Raghuram Rajan at Presidency University     New York : Raghuram Rajan, whose tenure as the RBI Governor ended this week, hopes the process of cleaning up Indian banks will be finished and the government [...]

September 6th, 2016 | Posted in Business,Highlights | Read More »

RBI’s ability to say ‘no’ to govt must be protected: Rajan

Raghuram Rajan addressing FIBACNew Delhi : A day before demitting office, Reserve Bank Governor Raghuram Rajan today said the RBI’s ability to say ‘no’ to highest echelons of government has to be protected [...]

September 3rd, 2016 | Posted in Business,Highlights,Topnews | Read More »

Rate cut possible only if inflation eases: Rajan

Reserve Bank of India      Mumbai : Inflation projections are still at the upper limit of Reserve Bank’s target and the policy rate can be cut only if inflation eases, outgoing Governor Raghuram [...]

August 29th, 2016 | Posted in Highlights,Mumbai | Read More »

Sensex dips over 91 pts on fading rate cut hopes

BSE     Mumbai : Under pressure for the second straight session, the BSE Sensex fell over 91 points to crack below the 28,000-mark with investors adopting cautious stance after the [...]

August 22nd, 2016 | Posted in Business,Highlights | Read More »

Govt hopes Patel will ‘rise to occasion’, curb inflation

RBI first bi-monthly monetary policy statement 2015-16     New Delhi : The government today hoped that Governor-designate Urjit Patel will “rise to the occasion” and use his experience of handling monetary policy at RBI to maintain [...]

August 22nd, 2016 | Posted in Highlights,Nation | Read More »