Download
Mobile App
Play Audio Midday News
June 19, 2012 8:57 AM
Reserve Bank of India (RBI) has decided to keep all the key rates unchanged in its mid-quarter policy review announced today. The cash reserve ratio (CRR) has also been kept unchanged at 4.75 per cent while the policy repo rate retained at 8 per cent. Consequently, the reverse repo rate will remain ...
June 18, 2012 5:42 PM
Another global rating agency Fitch today lowered India's credit rating outlook to negative, citing corruption, inadequate reforms, high inflation and slow growth as reasons for the revision. The agency said that India faces an awkward combination of slow growth and elevated inflation. Fitch...
June 18, 2012 5:25 PM
Erasing all its early gains, the Sensex at the Bombay Stock Exchange closed with a loss of 244 points, or 1.4 percent, at 16,706, after the Reserve Bank left the repo rate and the Cash Reserve Ratio unchanged, today. Earlier in the morning, however, the Sensex had breached the 17,000-level. The Nift...
June 18, 2012 2:05 PM
The rupee failed to maintain initial gains against the US dollar and was down 16 paise at 55.56 rupees in the late morning trade on fresh demand for the American currency from banks.
June 18, 2012 1:52 PM
The Sensex at the Bombay Stock Exchange declined 157 points, or 0.9 percent, to 16,792 in afternoon trade on Monday after the Reserve Bank disappointed the market by keeping key interest rates unchanged in its mid-quarter credit policy review, on Monday. Earlier in Monday morning, however, the Sense...
June 18, 2012 11:34 AM
The rupee today rose by 5 paise to trade at 55.35 against the US dollar in early trade at the Interbank Foreign Exchange as the American currency weakened against euro overseas.The rupee had gained 40 paise to close at 55.40 against the American currency in the previous session on Friday.
June 18, 2012 10:27 AM
Oil prices advanced in Asian trade today. New York's main contract advanced 90 cents to 84.93 dollar a barrel and Brent North Sea crude surged 1.48 to 99.09 dollar in morning trade.
June 18, 2012 10:22 AM
The BSE Sensex regained the 17,000 points level in early trade on Monday on continued buying by funds and retail investors ahead of RBI's mid-term credit policy review. The 30-share barometer which had climbed 272 points in the previous session, rose by over 153 points, to around 17,103, it...
June 17, 2012 8:17 PM
India is poised to occupy the sixth position in the top 10 wealth markets this year after edging out Spain for 10th slot in 2011. According to Datamonitor's 2012 global wealth market report, uncertainty about the future of the euro and the worsening of the sovereign crisis in Europe are pre...
June 17, 2012 6:59 PM
The Finance Ministry has asked banks to ensure that at least one person per family across the country, has a bank account in the next six months. According to 2011 census, only three in five families, have a bank account in the country.A bank account for every family will help the government and its...
No posts found.
Privacy Policy | Copyright © 2026 News On Air. All rights reserved
Last Updated: 13th Jun 2026
