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Anand Adhikari
New Delhi, September 19, 2018
After the rupee plunged to new lows against the dollar, having depreciated to close to 73, the government has finally acted by announcing a slew of measures to prop up the currency.


BusinessToday.In
September 19, 2018
On Tuesday, the rupee closed at its all time low of 72.98, falling 47 paise against the US currency due to surging crude oil prices and escalating trade war worries. Earlier in the day, the Indian currency hit a historic low of 72.99 in late afternoon deals.


BusinessToday.In
September 12, 2018
Retail inflation cooled to an 11-month low of 3.69 per cent for the month of August compared to 4.17 per cent in July, raising hopes that RBI may not go for another rate hike in the next monetary policy meeting.


PTI
New Delhi, September 5, 2018
Nikkei India Services Business Activity Index fell from July's peak of 54.2 to 51.5 in August owing to weakest growth in new work in three months.


BusinessToday.In
September 1, 2018
SBI's rate hike comes a month after the Reserve Bank of India raised benchmark lending rate called repo rate by 25 basis points to 6.5 per cent.


BusinessToday.In
August 30, 2018
RBI has put the spotlight back on the shortfalls of the Marginal Cost of Funds Based Lending Rate (MCLR) system.


PTI
August 23, 2018
The Indian economy is expected to grow by around 7.5 per cent in 2018 and 2019 as it is largely resilient to external pressures like those from higher oil prices, Moody's Investors Service said today.


Mail Today Bureau
August 17, 2018
German luxury carmaker Mercedes Benz on Thursday said itwill hike prices of its vehicles across models by up to 4 per cent fromSeptember to offset adverse impacts of rising input costs and adverse forex movement.


BusinessToday.In
August 15, 2018
ICICI Bank staff will get an additional 1 per cent interest on domestic FDs below Rs 1 crore, the bank said in a statement. The new FD rates are valid for both general and senior citizens.


BusinessToday.in
New Delhi, August 14, 2018
Retail inflation slows down to 9-month low level in July; Ease of Living Index: Pune ranks first in 'liveability', Delhi languishes at 65; government dismisses Usha Ananthasubramanian from service, gives CBI permission to prosecute; new road to cut travel time between Delhi and Gurugram, likely to open by Diwali. Watch more in this episode of Business Wrap.


BusinessToday.in
New Delhi, August 14, 2018
Retail inflation slows down to 9-month low level in JulyRetail inflation plunged to a 9-month low of 4.17 per cent in July as vegetable prices fell, strengthening views that the RBI will keep interest rates on hold at its review in October after raising them for a second straight meeting on August 1. The RBI has raised the key repo rate by 0.25 per cent each on inflationary concerns. The next bi-monthly policy is to be unveiled on October 5. Ease of Living Index: Pune ranks first ...


Mail Today Bureau
August 14, 2018
The rate of price rise in fruits slowed down 6.98 per cent, as against over 10 per cent in the previous month. However, inflation in the fuel segment based on the changes in the CPI increased to 7.96 per cent from 7.14 in the previous month.


Anand Adhikari
New Delhi, August 7, 2018
After a four-year easing cycle, interest rates are now gradually increasing.


Sneha Mehta
New Delhi, August 6, 2018
Before making any investment decision, one should always know the time frame of investing, which means whether the investment is for long term, medium term or for any short term financial goals, and an ideal risk taking ability.


Anand Adhikari
New Delhi, August 6, 2018
India's macroeconomic parameters are sliding at a time when the world is staring at a full-blown trade and currency war.


Niti Kiran
New Delhi, August 3, 2018
The Reserve Bank of India on Wednesday raised the repo rate by 25 basis points to 6.5 per cent, its second such hike in two months. The move by the central banks is aimed at keeping inflation in check.


BusinessToday.In
New Delhi, August 3, 2018
On Wednesday, Kotak Mahindra Bank also raised its one-month and three-month MCLR, or marginal cost of lending rate, by 5 basis points to 8.20 per cent and 8.55 per cent, respectively.


BusinessToday.In
New Delhi, August 3, 2018
Apple becomes first publicly listed US firm to hit $1 trillion stock market valuationApple Inc became the first $1 trillion publicly listed U.S. company on Thursday, crowning a decade-long rise fueled by its ubiquitous iPhone. The iphone transformed it from a niche player in personal computers into a global powerhouse spanning entertainment and communications. India likely to postpone raising tariffs on U.S. goodsIndia plans to delay the imposition of retaliatory duties on U.S....


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 ...


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 ...


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