RBI to launch inflation-indexed national saving securities

RBI will soon launch Inflation Indexed National Saving Securities linked to consumer price inflation. Addressing the post policy tele-conference with analysts in Mumbai on Wednesday, RBI Governor Raghuram Rajan said that the apex bank will come up with inflation indexed certificates- IISCs, this mon...

Indo-Nepal IGC meet to be held on 21st Dec

Non Performing Assets not alarming: RBI Governor

Sensex gains 248 point to close at 20,860

Efforts to maintain CAD level without any distortions says RBI Governor

RBI Governor Raghuram Rajan said that efforts should be made to maintain the present level of Current Account Deficit (CAD) without making significant curbs on inward shipments. Speaking at the post policy press conference in Mumbai today, the RBI Governor said that we should aim to have a CAD witho...

Sensex gains 260 points in afternoon trade

Building on initial gains, the Sensex at the Bombay Stock Exchange had rallied a good 260 points, or 1.3 percent, to 20,872 after the Reserve Bank kept key policy rates unchanged in its policy review. Earlier in the morning, the Sensex had climbed 58 points, or 0.3 per cent, to 20,670 on buying by f...

Sensex up by 238 pts

The Sensex is trading up by 238 points to 20,850 when reports last came on emergence of buying by funds and retail investors.The wide-based National Stock Exchange index Nifty moved up by 75 points to 6,215.In the Asian region, Japan's Nikkei rose by 1.54 per cent, while Hong Kong'...

Sensex up by 200 pts

The Sensex is trading up by 200 points to 20,812 when reports last came on emergence of buying by funds and retail investors ahead of the RBI's policy review.The wide-based National Stock Exchange index Nifty moved up by 67 points to 6,206.In the Asian region, Japan's Nikkei rose b...

Oil prices higher in Asian trade

Oil prices edged higher in Asian trade today as investors anticipate a fall in US crude inventories for the third consecutive week, indicating upbeat demand in the world's top consumer. New York's main contract, West Texas Intermediate for January delivery, was up 19 cents at 97.41...

Rupee up by 12 paise after loosing initial gain

The rupee trimmed its initial gains against the American currency, but was quoted still up by 12 paise to 61.89 per dollar on selling of dollars by banks and exporters ahead of RBI's policy review. Weakness of dollar in the overseas market also boosted the rupee sentiment. The rupee resumed...