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BusinessToday.In
August 2, 2018
RBI increases repo rate by 25 basis points to 6.5%, maintains 'neutral' stanceThe RBI's Monetary Policy Committee, during its by-monthly meeting on Wednesday, increased the repo rate by 25 basis points to 6.5 per cent from the previous rate of 6.25 per cent. This is the second hike in the interest rate after four years of continuous halt by the central bank. This time too, the MPC again maintained the neutral stance to achieve the medium-term target for inflation of 4 per cent in ...


www.businesstoday.in
August 1, 2018
Sameet Chavan, Chief Analyst, Technical and Derivative, Angel Broking, takes viewers through all the market action today. The Sensex snapped its seven-session record setting spree to close lower today after the RBI hiked the policy rate on inflation concerns. The Reserve Bank's Monetary Policy Committee raised the benchmark lending rate by 0.25 per cent.


BusinessToday.In
August 1, 2018
The Sensex snapped its seven-session record setting spree to close lower today after the RBI hiked the policy rate on inflation concerns.The Reserve Bank's Monetary Policy Committee raised the benchmark lending rate by 0.25 per cent. The repo rate, at which the central bank lends to other banks, now stands at 6.5 per cent. It is the first time since October 2013 that the rate has been increased at consecutive policy meetings.The 30-share BSE Sensex, which had rallied to a fresh lifetime high ...


BusinessToday.In
August 1, 2018
RBI's second-consecutive increase in repo rate comes as a bad news for those who have taken loans from banks.


BusinessToday.In
New Delhi, August 1, 2018
The reverse repo rate adjusted to 6.25 per cent, and the marginal standing facility rate and the bank rate to 6.75 per cent.


Anand Adhikari
New Delhi, August 1, 2018
There are five reasons why inflation will remain a big concern for the RBI in its third bi-monthly money policy to be released today.


BusinessToday.In
July 31, 2018
Any increase in repo rate comes as a bad news for those who have borrowed from banks because it is likely to lead to an increase in the interest they pay on loans.


www.businesstoday.in
July 30, 2018
India is the world's largest importer of weapons and military hardware; inflation is still above the RBI's comfort level of 4 per cent; even as India's clampdown on shell companies continues, data from the Registrar of Companies shows 66 per cent of 18 lakh companies registered in India are active. BusinessToday.In Editor Rajeev Dubey explains on The Good, The Bad and The Ugly.


PTI
July 29, 2018
The central bank had increased the benchmark short term lending rate(repo rate) by 0.25 per cent to 6.25 per cent in its last monetary policy review in June on inflationary concerns.


Reuters
July 28, 2018
US President Donald Trump, who ahead of Friday's release of the gross domestic product report had promoted the notion that second-quarter growth would be robust, declared victory.


BusinessToday.In
July 27, 2018
The Sensex finally settled at 37,336.85, up 352.21 points, or 0.95 per cent-breaching its previous closing record of 36,984.64 reached yesterday. Nifty closed at a record high of 11,278.35, rising 111.05 points, or 0.99 per cent.


Anand Adhikari
New Delhi, August 14, 2018
There are already fears of trade wars escalating to currency wars among countries.


PTI
New Delhi, July 23, 2018
Pawan Goenka's remuneration, which included perquisite value ofESOPs exercised, was more than group Executive Chairman Anand Mahindra, whotook home Rs 8.03 crore.


Money Today Team
New Delhi, July 23, 2018
Deadline For Aadhaar-PAN Linking Extended; e-PAN Can Be Generated Instantly


Money Today Team
New Delhi, July 23, 2018
Managing your money can be tricky. Send your queries, and top-notch industry leaders will help you resolve any issue.


Money Today Team
New Delhi, July 23, 2018
In spite of costly personal loans and zero equity exposure, the Sharma family is ready to get in the groove, says Financial Planner Pankaaj Maalde.


Deepika Asthana
New Delhi, July 23, 2018
Why alternative investment funds are gaining traction with wealthy Indians.


Prosenjit Datta
New Delhi, July 23, 2018
At the beginning of the year, India's macros seemed to be in good shape, but numbers now tell a dismal tale.


BusinessToday.In
New Delhi, July 23, 2018
RBI's big worry! About 74% public sector bank ATMs vulnerable to fraudsAbout 74 per cent automated teller machines (ATMs) of public sector banks are running on outdated software - which makes these machines highly vulnerable to frauds. The revelation came in response to a question in the Parliament on whether the softwares used for the ATMs are supported. Currently, India has over 2 lakh ATMs and approximately 70 percent of them still run on Windows XP - which Microsoft itself sto...


PTI
July 23, 2018
Last week, the Sensex had hit an all-time high of 36,548.41, while the broader Nifty also reclaimed the 11,000-mark, touching a high of 11,078.30. This was the highest closing since January 31, when it had ended at 11,027.70.


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