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Agencies
Mumbai, December 18, 2013
The 30-share index jumped 247.72 points to 20,859.86. The 50-share Nifty closed the day 78.10 points, or 1.27 per cent, higher at 6,217.15. This is the biggest single-day gain for the indices since December 9.


IANS
Mumbai, December 18, 2013
Reserve Bank of India (RBI) Governor Raghuram Rajan is likely to hike the key policy interest rate by at least 0.25 per cent in the mid-quarter review of the monetary policy to tame high inflation levels, economic analysts said.


Anand Adhikari
December 18, 2013
The repo rate dictates the interest rate regime in an economy. There is widespread expectation that at the mid-quarter review of monetary policy on December 18, there will be another increase of 25 basis points in the repo rate, raising it to 8.0 per cent.


BT Online Bureau
Mumbai, December 17, 2013
Rate-sensitive banking, realty and auto shares were the worst hit while defensive bets like healthcare and FMCG scrips saw buying. The Sensex has now lost over 714 points in six sessions.


Reuters
Bangalore, December 16, 2013
In a poll taken after data on Monday showed wholesale price inflation rocketed to a 14-month high in November, 39 out of 43 economists predicted the RBI would hike its repo rate to 8 per cent.


Reuters
New Delhi, December 16, 2013
Food prices rose 19.93 per cent year-on-year in November, faster than an annual rise of 18.19 per cent in October, and fastest since June 2010. Headline inflation was 7 per cent in October.


BT Online Bureau
Mumbai, December 16, 2013
The rupee gained for the first time in four days on Monday, appreciating 39 paise to 61.73 against the dollar, amid indications the RBI had stepped in to support the local currency after a spate of weak economic data.


BT Online Bureau
Mumbai, December 16, 2013
After shedding 281 points last week, the 30-share index of the Bombay Stock Exchange fell further by 56.06 points, or 0.27 per cent to end at 20,659.52. TheSensex has now lost 667 points in five straight sessions to end at its lowest level since November 28.


Mahesh Nayak
December 16, 2013
The RBI meeting on December 18 is likely to be influenced by the wholesale price index (WPI) inflation data for November, which the government will announce later today. WPI inflation was 7 per cent in October.


Reuters
Mumbai, December 13, 2013
Experts see the Reserve Bank of India raising the repo rate by 25 basis points in its next monetary policy review on December 18, to try and tame a stubbornly high inflation.


Reuters
New Delhi, December 13, 2013
India's battle with inflation and weak economic growth became more challenging with a sharp spike in the cost of food driving the highest retail price rises on record and a worse-than-anticipated contraction in industrial production.


PTI
Mumbai, December 13, 2013
Firm dollar overseas on hopes of tapering bonds buying program by US Federal Reserve as retail sales gained momentum in November, putting pressure on the rupee. The dollar index, a gauge of six major global rivals, was up by 0.21 per cent.


PTI
Mumbai, December 13, 2013
Banking, capital goods and realty shares were among the worst hit after government data on Thursday showed retail inflation soared to a nine-month high of 11.24 per cent and factory output shrank 1.8 per cent.


PTI
New Delhi, December 12, 2013
Vegetable prices rose 61.6 per cent in November from a year earlier, compared with a 45.67 per cent increase in the previous month, according to government data released on Thursday.


PTI
Mumbai, December 12, 2013
Fears of tapering its stimulus programme by US Federal Reserve sooner than expected and firm dollar overseas also weighed on the rupee, a forex dealer said.


PTI
Mumbai, December 12, 2013
The index, which lost 155 points in the previous 2 days, fell by 245.80 points, or 1.16 per cent, to end at 20,925.61 as auto, banking and capital goods stocks dropped. This was its sharpest fall since 406-point plunge on November 21.


Reuters
Bangalore, December 11, 2013
A Reuters poll of 26 economists predicted India's November wholesale price inflation at 7 per cent year-on-year, unchanged from October - which was the highest since February. Consumer prices are forecast to have risen 10 per cent annually last month.


PTI
New Delhi, December 6, 2013
Government will make all efforts to pass the Insurance Laws (Amendment) Bill in the ongoing winter session of Parliament, Minister of State for Finance J D Seelam said.


PTI
New Delhi, December 4, 2013
India's services sector activity witnessed a moderate improvement in November over the previous month, even while indicating the fifth successive monthly contraction, an HSBC survey said.


PTI
Mumbai, December 4, 2013
Hurt by losses in ITC, ICICI Bank, HDFC and Tata Motors, the Sensex lost 146.21 points, or 0.70 per cent, to end the session at 20,708.71. 19 constituents of 30-share Sensex fell.


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