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September 17, 2010 9:38 AM
The Reserve Bank has raised its key short-term lending rate by 25 basis points and borrowing rate by 50 basis points to check rising prices. The new rates, which come into effect immediately, were announced as part of the first scheduled mid-quarterly review of the monetary policy. The hike in rates...
September 17, 2010 9:01 AM
About 88 lakh Central government employees and pensioners received a bonanza with 10 percentage point increase in their Dearness Allowance, ahead of the festive season. A decision to this effect was made by the Union Cabinet which met in New Delhi on Thursday. According to an official press release ...
September 17, 2010 9:01 AM
The Reserve Bank has raised its key short-term lending rate by 25 basis points and borrowing rate by 50 basis points to check rising prices. The new rates, which come into effect immediately, were announced as part of the first scheduled mid-quarterly review of the monetary policy. The hike in rates...
September 16, 2010 8:53 PM
The Finance Minister has underlined the need to make banking facilities accessible to the rural areas.Mr.Pranab Mukherjee said that this is necessary for inclusive growth. He said that less than 40 per cent of the facilities are at present available in these areas. He was speaking at a function to c...
September 16, 2010 5:37 PM
Snapping a huge seven-session rally, the Sensex at the Bombay Stock Exchange declined 85 points to 19,417 points amid profit-booking, and after the Reserve Bank increased key policy rates today. The Nifty at the National Stock Exchange fell 32 points to 5,829 points. Stock markets in Japan, China, H...
September 16, 2010 5:35 PM
In the opening trade today, the Sensex at the Bombay Stock Exchange fell 33 points, or 0.2 per cent, to 19,469, But it rebounded smartly after the announcement of the RBI's policy review, and stood 110 points, or 0.6 per cent in the green, at 19,612, a short while ago.In opening trade, this...
September 16, 2010 2:05 PM
Snapping a seven-session winning streak, the Sensex at the Bombay Stock Exchange fell 33 points, or 0.2 per cent, to 19,469, in opening trade, this morning, on investor caution ahead of the Reserve Bank's first-ever mid-quarter monetary policy review. But the Sensex rebounded smartly after ...
September 16, 2010 1:56 PM
The Finance Minister has underlined the need to make banking facilities accessible to the rural areas.Mr.Pranab Mukherjee said that this is necessary for inclusive growth. He said that less than 40 per cent of the facilities are at present available in these areas. He was speaking at a function to c...
September 16, 2010 1:52 PM
The Finance Minister has underlined the need to make banking facilities accessible to the rural areas.Mr.Pranab Mukherjee said that this is necessary for inclusive growth. He said that less than 40 per cent of the facilities are at present available in these areas. He was speaking at a function to c...
September 16, 2010 1:22 PM
Food inflation reached 15.10 per cent for the week ended September 4. Cereals, select vegetables and milk became costlier after rains disrupted the supplies. This figure, though not exactly comparable to the previous week's 11.47 per cent because it is calculated on the new series with 2004...
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