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September 18, 2015 8:59 PM
At the interbank foreign exchange market, the rupee strengthened 79 paise its biggest single day gain so far this year to close at a one-month high of 65.67 against the dollar.At the stock markets, the Sensex at the Bombay Stock Exchange gave up much of its initial gains, but still ended 255 points ...
September 18, 2015 4:49 PM
RBI Governor Raghuram Rajan said that keeping inflation low is the key task for sustainable economic growth of the country. Under pressure to cut interest rates to lower cost of capital, the apex bank is scheduled to hold its next monetary policy review meeting on 29th of this month. Expectations fo...
September 18, 2015 4:48 PM
The Finance Ministry today said that with inflation in decline and the US Fed handing emerging markets a lifeline by not raising interest rates, there is a "favourable" environment for monetary policy action by RBI.Minister of State for Finance Jayant Sinha said central banks globa...
September 18, 2015 4:47 PM
The Finance Ministry today said that with inflation in decline and the US Fed handing emerging markets a lifeline by not raising interest rates, there is a "favourable" environment for monetary policy action by RBI.Minister of State for Finance Jayant Sinha said central banks globa...
September 18, 2015 4:46 PM
US Federal Reserve or central bank has decided not to raise its key interest rate and keep them at the same level since December 2008. It said nine members of its Federal Open Market Committee voted to hold the key federal funds rate target at Zero to 0.25 per cent. Federal Reserve Chair Janet Yelle...
September 18, 2015 4:46 PM
Government will notify spectrum-sharing guidelines in a few days. Speaking on the sidelines of a function in New Delhi, Telecom Secretary Rakesh Garg informed that spectrum-trading rules would be out by the month-end.Spectrum sharing and trading guidelines will allow mobile operators to better utili...
September 18, 2015 4:46 PM
Asian shares fell on Friday after US Federal Reserve held off on raising interest rates, reviving concerns about weakness in both the United States and global economies. The dollar was on the defensive, having fallen more than one percent after the Fed's decision, while U.S. bond yields plu...
September 18, 2015 2:09 PM
Most key Asian markets rose today. The domestic stock markets posted handsome gains, with the Sensex at the Bombay Stock Exchange spurting 432 points to 26,396 in afternoon trade, a short while ago. Earlier in the morning, the Sensex had shot up as much as 508 points. The Nifty at the National Stock...
September 18, 2015 1:20 PM
The Government has hiked import duty on edible oil by five per cent in all categories. Central Board of Excise and Customs issued a notification in this regard. Import duty on crude edible oil has been hiked from 7.5 per cent to 12.5 per cent and on refined edible oil from 15 to 20 per cent. Edible ...
September 18, 2015 1:13 PM
The Finance Ministry today said that with inflation in decline and the US Fed handing emerging markets a lifeline by not raising interest rates, there is a "favourable" environment for monetary policy action by RBI.Minister of State for Finance Jayant Sinha said central banks globa...
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Last Updated: 16th May 2026
