Centre to sale its 10 percent stake in Rashtriya Ispat Nigam <br/><br/>

The government will kick start its disinvestment programme for the current fiscal from June with stake sale in steel major Rashtriya Ispat Nigam Ltd through an initial public offering that could fetch about 2,500 crore rupees to the exchequer. Disinvestment Secretary Mohammad Haleem Khan told PTI, t...

Sensex, Nifty gain in special trading

In a special trading session today, the Sensex at the Bombay Stock Exchange rose 53 points or 0.3 percent to close at 17,187.The Nifty at the National Stock Exchange gained 18 points, or 0.4 percent, to 5,209. The special trading session was conducted by both the leading stock exchanges between 11:1...

Rural banks told to double home loan limit for priority sector

The Reserve Bank of India (RBI) has asked all regional rural banks to double the limit for home loans to Rs 10 lakh from Rs 5 lakh for lending for priority sector. An RBI notification issued in Mumbai said that increase in the limit will be applicable for the bank loans extended to non-governmental ...

Rural banks told to double home loan limit for priority sector

The Reserve Bank of India (RBI) has asked all regional rural banks to double the limit for home loans to Rs 10 lakh from Rs 5 lakh for lending for priority sector. An RBI notification issued in Mumbai said that increase in the limit will be applicable for the bank loans extended to non-governmental ...

The International Monetary Fund (IMF) has lowered India&apos;s growth forecast to 6.9 percent for this year. IMF&apos;s Asia-Pacific Regional Economic Outlook released on Friday said the lowered growth outlook in 2012 owes much to a slowdown in investment. However, the multilateral agency ha...

Allow intra-account portability: RBI to banks

IMF lowers India's growth forecast to 6.9% for 2012

The International Monetary Fund lowers India&apos;s growth forecast to 6.9% for this year,IMF&apos;s Asia-Pacific Regional Economic Outlook released today said . The lowered growth outlook in 2012 owes much to a slowdown of investment which partly reflects structural factors IMF called for r...

IMF lowers India's growth forecast to 6.9% for 2012

The International Monetary Fund lowers India&apos;s growth forecast to 6.9% for this year,IMF&apos;s Asia-Pacific Regional Economic Outlook released today said . The lowered growth outlook in 2012 owes much to a slowdown of investment which partly reflects structural factors IMF called for r...

Sensex gains 4 pts to close at 17,134

The Sensex at the Bombay Stock Exchange closed with a marginal gain of 4 points, at 17,134, today. The Nifty at the National Stock Exchange rose barely 2 points, to 5,191. Both the National Stock Exchange and the Bombay Stock Exchange will conduct a special trading session of one-and-a-half hours, b...

IMF lowers India's growth forecast to 6.9% for 2012

The International Monetary Fund lowers India&apos;s growth forecast to 6.9% for this year,IMF&apos;s Asia-Pacific Regional Economic Outlook released today said . The lowered growth outlook in 2012 owesmuch to a slowdown of investment which partly reflects structural factorsIMF called for ren...