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PTI
New Delhi, January 24, 2012
The shift in stance, industry associations believe, might reflect on the repo rates as well from here on, which would help in fueling the weakened investment cycle.


BT Online Bureau
Mumbai, January 24, 2012
RBI injects Rs 32,000 crore into the system by lowering the Cash Reserve Ratio by half-a-percentage point but keeps the short-term lending rate unchanged. All eyes are on the banks that may reduce the interest rate to attract borrowers.


IANS
Mumbai, January 24, 2012
The 30-share barometer opened with gains and remained in the positive terrain through the day. It touched an intra-day high of 17,050.32, a level not seen since November 15.


Rajesh Chakrabarti
Delhi, March 5, 2012
With the exception of the Japanese yen and the arguably undervalued Chinese renminbi, the dollar has appreciated against virtually every currency in the world.


www.businesstoday.in
February 20, 2012
In an erratic market, diversified investments in promising sectors has helped money today-Value Research Lifestage Model Fund Portfolios to control losses.


Mail Today Bureau
Mumbai, January 24, 2012
Inflation continues to be the top area worry for the Reserve Bank of India overriding concerns related to slowdown in economic growth, indicating that there is little likelihood of any policy rates cuts in the third quarter review of the monetary policy on Tuesday.


BT Online Bureau
Mumbai, January 23, 2012
The central bank said that GDP growth during the current fiscal is likely to fall below its earlier projection of 7.6 per cent, while inflation, which is still a cause for concern, may moderate to 7 per cent by March-end.


BT Online Bureau
New Delhi, January 23, 2012
Concerned over economic slowdown, the central bank had kept interest rates unchanged in its previous review on December 16 and indicated that it could cut key policy rates toarrest falling growth.


B.S. Srinivasalu Reddy
Mumbai, January 23, 2012
The main trade-off for policy action is between inflation and economic growth, where inflation takes the primary position compared to growth or vice-versa based on the macro conditions.


PTI
Mumbai, January 21, 2012
The BSE Sensex rose by 584.39 points, or 3.62 per cent, to 16,739.01, its highest close since December 7, 2011. Nifty also gained 182.60 points, or 3.75 per cent, to 5,048.60, its highest close since December 7, 2011.


Mail Today Bureau
New Delhi, January 20, 2012
The I-T department plans to verify high-value investments, deposits or expenditure from persons who are not assessed for income tax or who have not furnished their PAN while entering into such transactions.


www.businesstoday.in
February 2, 2012
A majority of the respondents believes that it will. While guaranteeing food security is a laudable objective, the financial implications of the Bill are considerable.


PTI
New Delhi, January 19, 2012
Food inflation, as measured by the Wholesale Price Index (WPI), was at (-) 2.90 per cent in the previous week. It was above 16 per cent in the corresponding week of 2011.


Anuradha Shukla
New Delhi, January 19, 2012
The World Bank (WB) slashed its forecast for the growth rate of the Indian economy to 6.5 per cent for 2012 from 8.4 per cent estimated in June because of the worsening global economic scenario.


PTI
New Delhi, January 19, 2012
Finance Minister Pranab Mukherjee says that he will address the slippages in economic parameters in the upcoming Budget.


Rajiv Bhuva
January 24, 2012
Reserve Bank of India deregulated the interest rates on bank deposits aimed at the rich NRI in a late-December decision. The central bank's logic was if dollar inflows rise, the pressure on the rupee will ease. But the big question among monetarists and forex experts is the risk such a surge in NRE deposits poses.


Associated Press
Beijing, January 18, 2012
Developing countries that have enjoyed relatively strong growth while the United States and Europe struggled might be hit hard, the bank's chief economist, Justin Yifu Lin said.


Anand Adhikari
January 18, 2012
The biggest casualty is the country's gross domestic product (GDP), which is in danger of plunging below 7 per cent in the current fiscal from a projected 9 per cent at the start of the year.


Associated Press
Bangkok, January 18, 2012
Japan's Nikkei 225 index rose 0.2 per cent to 8,480.99 and Hong Kong's Hang Seng added 0.4 per cent to 19,696.35. But South Korea's Kospi fell 0.2 per cent to 1,888.71 and Australia's S&P/ASX 200 was flat at 4,215.30.


PTI
New Delhi, January 18, 2012
Finance Minister Pranab Mukherjee expresses hope that the Reserve Bank would take appropriate steps in its forthcoming monetary policy review on January 24 to keep the growth momentum.


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