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PTI
October 5, 2018



BusinessToday.In
New Delhi, October 5, 2018
In an unexpected move, the Monetary Policy Committee of Reserve Bank of India (RBI) on Friday kept the repo rate unchanged at 6.5 per cent. The MPC changed the stance from 'neutral' to 'calibrated tightening'


PTI
October 5, 2018



PTI
October 5, 2018



PTI
October 5, 2018



BusinessToday.In
October 5, 2018
Following the fourth bi-monthly monetary policy committee (MPC) meeting, the central bank changed its projection on the back of an unusually benign trend in food prices.


PTI
October 5, 2018



PTI
October 5, 2018



PTI
October 5, 2018



PTI
October 5, 2018



BusinessToday.In
October 5, 2018
The Reserve Bank of India's (RBI) monetary policy committee (MPC) will announce its key policy decision later this afternoon.


BusinessToday.In
New Delhi, October 5, 2018
Mukesh Ambani gets richer by $9.3 bn this year; 5 new faces in Forbes India rich listReliance Industries chairman Mukesh Ambani is the richest Indian for the 11th year in a row with a net worth of $47.3 billion, according to Forbes magazine.  The billionaire tycoon is also the year's biggest gainer, growing richer by $9.3 billion as his telecom startup Reliance Jio has seen continued success. Wipro chairman Azim Premji retained the second spot on the 'Forbes India Rich List 2018', adding...


PTI
October 4, 2018



PTI
October 4, 2018



PTI
October 4, 2018



PTI
October 4, 2018



PTI
October 4, 2018



BusinessToday.In
New Delhi, October 4, 2018
Commerce and Industry Minister Suresh Prabhu will chair the inter-ministerial meeting today to discuss rupee depreciation and widening of trade deficit.


BusinessToday.In
New Delhi, October 4, 2018
Anil Ambani claims TDSAT nod for sale of spectrum; to pay Ericsson Rs 550 crBillionaire Anil Ambani-led Reliance Communications said on Wednesday that the telecom tribunal has allowed it to complete its planned spectrum sale, the proceeds from which will be used to pay Ericsson India and Reliance Infratel (RITL) minority investors. The debt-ridden firm said in a regulatory filing to the BSE that it will receive Rs 975 crore from sale of spectrum, and that it will pay Ericsson Rs 5...


BusinessToday.In
New Delhi, October 4, 2018
The global trends in oil are also disturbing. Brent on Wednesday had hit a four-year high of $86.74 a barrel. However, prices fell a bit after the US raised inventories and sources said Russia and Saudi Arabia struck a private deal in September to raise crude output.


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