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Weak inflation gives RBI elbow room to cut rates: Experts Weak inflation gives RBI elbow room to cut rates: Experts Weak inflation figures in India have provided "elbow room" to the Reserve Bank to lower rates by 25 bps this month, say global brokerages.
Sebi to conduct nation-wide investor survey, ropes in Nielsen Sebi to conduct nation-wide investor survey, ropes in Nielsen The regulator has commissioned the survey to Nielsen India Pvt Ltd, which would collect information from residents in different states and Union territories.
Banks need to urgently reduce stressed assets: RBI deputy Governor Banks need to urgently reduce stressed assets: RBI deputy Governor His comments come as the central bank has been pushing banks to reduce the amount of their non-performing assets and start lending again.
Sensex takes cues from Asian peers, slumps 142 points Sensex takes cues from Asian peers, slumps 142 points Bouts of profit-booking were witnessed in capital goods, metal, auto, banking and consumer durable sectors, along with mid-cap and small-cap shares, while buying marked realty, FMCG, health care and IT segments.
Rupee declines 5 paise at 66.38 against US dollar Rupee declines 5 paise at 66.38 against US dollar Besides, a weak opening in the domestic equity market weighed, dealers said. A weakness in the US dollar against major world currencies in the global market, however, limited the rupee fall.
Oil prices edge up after sharp falls in previous session Oil prices edge up after sharp falls in previous session Oil prices steadied early on Tuesday as traders closed short positions and took on new longs after markets tumbled in the previous session.
Flying high: IndiGo get SEBI nod for Rs 2,500-crore IPO Flying high: IndiGo get SEBI nod for Rs 2,500-crore IPO Under the offer, the company plans to issue fresh shares worth Rs 1,272 crore. An equivalent amount can be raised through sale of up to 3.01 crore shares by its existing shareholders.
RBI cancels Sahara India Financial Corp's NBFC registration RBI cancels Sahara India Financial Corp's NBFC registration In a fresh jolt to Saharas, Reserve Bank has cancelled Sahara India Financial Corporation's certificate of registration as NBFC.
Foreign investors allowed to buy upto 40% in Maruti Suzuki Foreign investors allowed to buy upto 40% in Maruti Suzuki The Reserve Bank has allowed foreign investors to invest up to 40 percent of the paid up capital in Maruti Suzuki under the Portfolio Investment Scheme.
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