RBI will take note of falling inflation: Jaitley

Last Updated: Tuesday, August 18, 2015, 23:02

Making a case for interest rate cut, Finance Minister Arun Jaitley Tuesday hoped that RBI will take note of the declining inflation and take a decision accordingly.

Rate cuts, lower oil prices to boost consumption: BofA

Last Updated: Monday, August 17, 2015, 23:03

Bank of America Merill Lynch Monday said it sees a recovery in consumption equivalent to 1 percentage point of India's GDP in the next few months on lending rate cuts, expected hike in salaries by government and savings from lower oil prices.

DBT scheme for LPG help save Rs 15,000 cr in a year: Modi

Last Updated: Saturday, August 15, 2015, 09:33

Modi said about 20 lakh people have voluntarily given up subsidy on LPG, helping widen the reach the scarce fuel.

WPI inflation dips to historic (-)4.05%; industry demands rate cut

Last Updated: Friday, August 14, 2015, 21:15

Describing the softening of prices as a "positive sign", Finance Minister Arun Jaitley said inflation is under control and all macroeconomic indicators are extremely encouraging.

Falling inflation positive sign, all macro data promising: FM Jaitley

Last Updated: Friday, August 14, 2015, 18:16

Terming the declining inflation as a "positive sign", Finance Minister Arun Jaitley on Friday said the price situation is under control and all the macroeconomic indicators are extremely encouraging.

Sensex sprints 518 points, biggest single-day gain in 7 months

Last Updated: Friday, August 14, 2015, 17:39

The broad-based NSE Nifty too re-crossed the 8,500-level to hit a high of 8,530.10 before settling at 8,518.55, up 162.70 points, or 1.95 percent, its biggest single-day percentage gain since January 15.

Lower inflation ups bankers' hopes for more rate cuts by RBI

Last Updated: Thursday, August 13, 2015, 18:47

Bankers on Thursday said the sharp fall in inflation to 3.78 percent for July has raised hopes of another rate cut by the Reserve Bank at the September review of the policy.

India Inc hopes RBI to cut rates after robust IIP data

Last Updated: Wednesday, August 12, 2015, 22:48

With industrial production hitting a 4-month high of 3.8 percent in June, India Inc Wednesday said it indicates revival in industrial activity on the back of improved performance of manufacturing, and should motivate the RBI to slash interest rates.

High interest rates hurting economy: FinMin

Last Updated: Tuesday, August 11, 2015, 17:14

A week after RBI Governor spurned government call to cut interest rates, a top finance ministry official Tuesday said high interest rates and restrictions on rupee depreciation were hurting Indian economy.

Conditions favourable for interest rate cut: FM Jaitley

Last Updated: Thursday, August 6, 2015, 23:33

Conditions are favourable for further interest rate cut by the Reserve Bank as commodity prices are low and prospects of Kharif crop are good, Finance Minister Arun Jaitley said Thursday.

Dollar up on Fed rate bets, earnings lift world shares

Last Updated: Wednesday, August 5, 2015, 16:59

The dollar rose to its highest in more than three months on Wednesday after a Federal Reserve official said the central bank was close to raising interest rates, while solid European corporate earnings propelled stocks higher.