RBI will not let liquidity condition in the country go out of hands: Subir Gokarn

Sensex rises 120 pts

The Sensex at the Bombay Stock Exchange rose 120 points, or 0.6 per cent, to close at 19,365, today, on optimism that the Reserve Bank will ease monetary policy next month, even as the central bank kept key interest rates and the Cash Reserve Ratio unchanged in its policy review today. The Nifty at ...

RBI keeps key rates unchanged in mid-quarter policy review

The Reserve Bank of India has decided to keep all the key rates unchanged in its mid-quarter policy review today. The repo rate has been kept unchanged at 8 per cent and the cash reserve ratio has also been kept unchanged at 4.25 per cent. Consequently, the reverse repo rate will remain unchanged at...

Give priority to green & sustainable tech in cement production: MoS to industry

Sensex gains 91pts in noon trade; Rupee appreciates 9p to 54.76 against $.

The Sensex at the Bombay Stock Exchange rose 74 points, or 0.4 per cent, to 19,319 in early trade, today, on fresh buying by investors, ahead of the Reserve Bank's mid-quarter monetary policy review. Later, after the RBI left key policy rates and the Cash Reserve Ratio unchanged, the Sensex...

Steps needed to bring down interest rate :Plan panel chief

Planning Commission today pitched for lowering of interest rate to boost economic growth which is beginning to look up after moderating to 5.4 per cent in the first half of the current fiscal. While commenting on Reserve Bank's mid-quarter review, Plan panel Deputy Chairman Montek SinghAhlu...

Rupee appreciates 9 paise to 54.76 against dollar

The rupee trimmed its initial gains against the American currency but was still quoted up by 9 paise to 54 rupees 76 paise per dollar in the late morning trade on mild selling of dollars by banks and exporters ahead of the Reserve Bank's mid-quarter monetary policy review meeting. Earlier t...

Sensex gains 91 points in afternoon trade

The Sensex at the Bombay Stock Exchange rose 74 points, or 0.4 per cent, to 19,319 in early trade, today, on fresh buying by investors, ahead of the Reserve Bank's mid-quarter monetary policy review. Later, after the RBI left key policy rates and the Cash Reserve Ratio unchanged, the Sensex...

Sensex firms up 107 pts to 19,351 after RBI mid-quarter review

The Sensex at the Bombay Stock Exchange firmed up by 107 points in the afternoon trade following Reserve Bank of India's mid-quarter policy review today.The 30-share index, which rose by a mere 7 points in its previous trade , gained 107 points to 19,351 short while ago.Similarly, the wide-...

ASEAN one of India's largest trading partners: Commerce Min

Commerce Minister Mr Anand Sharma today said that ASEAN has become one of India's largest trading partners in recent years with trade growing from around 10 billion US Dollars in 2000 to above 75 billion US Dollars in 2011. He said this has to be increased to 100 billion US dollars by 2015....