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The upcoming elections, rising inflation and interest rates could further dampen the buying sentiment in the real estate, making the task of loan recovery difficult.

Repo rate cut to boost housing demand if banks pass on benefit to...

RBI lowered the benchmark lending rate by 25 basis points to a nearly nine-year low of 5.75 per cent.

6 Jun 2019 6:06 PM IST

The previous high quarterly GDP growth was recorded in July-September period in 2014-15 at 8.4 per cent. (Representational Image)

Bankers, finance players hail RBI repo rate cut, hope consumer demand...

On NBFC crisis, Shaktikanta Das said that RBI is closely monitoring situation and there is ample liquidity in market.

6 Jun 2019 4:41 PM IST

The Nifty claiming 11,l883 and Sensex 39571 marked the day with all the bullishness summoned up from yesterdays gains but selling emerged at higher levels.

Sensex dives 554 pts despite RBI rate cut; financial stocks slump

Following RBI rate cut announcement, the 30-share index slumped 553.82 points, or 1.38 per cent, to settle at 39,529.72.

6 Jun 2019 4:17 PM IST

The confluence of stable prices, upcoming wedding season and pent-up demand made this Akshaya Tritiya memorable for the gold and jewellery sector, which saw demand bouncing back after a gap of two years. Jewellers across the country witnessed on an average 15 to 20 per cent growth in sales over last year.

Gold rises on jewellers' buying, positive overseas trend

Gold is trading at Rs 33,490 per 10 gram in the national capital on rise in demand from jewellers.

6 Jun 2019 3:56 PM IST

Economic Affairs Secretary Shaktikanta Das

Rising growth concerns prompted third rate cut: Shaktikanta Das

MPC announced a 25 bps rate cut in short term lending rate to 5.75 percent, which is the lowest repo rate in nine years.

6 Jun 2019 3:36 PM IST

According to the trade data for August, 2018 while exports have shown a growth of about 19 per cent in dollar terms, the rupee realisations for the export shipments went up close to 30 per cent, said Assocham.

Industry, exporters should not depend on subsidies; work on...

The minister emphasised on need to increase strengths of the industry as it would help in boosting manufacturing and...

6 Jun 2019 3:26 PM IST

The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

RBI to issue on tap licence guidelines on small finance banks in...

The RBI had given in-principle approval to 10 entities for entering the small finance banking space in September 2015.

6 Jun 2019 3:14 PM IST

About Rs 78,000 crore has been budgeted for paying fertiliser subsidy in the current 2019-20 fiscal. (Photo: Representational Image)

Government considering rolling out second phase of fertiliser DBT

The transfer of fertiliser subsidy directly into farmers' bank accounts was to be taken up in the second phase.

6 Jun 2019 2:07 PM IST

Defending the banks in this issue, a senior official, however, claimed that the quick mortality rate on Mudra loans has come down drastically after strict norms issued by the RBI and the ministry of finance.(Representational image)

RBI cuts interest rates to 9-yr low, expects banks to quickly lower...

The reduction in interest rate will help boost credit growth, helping arrest the slowdown in the economy

6 Jun 2019 2:02 PM IST

Shares of DHFL were up 4.5 per cent at 128.80 rupees.

DHFL default: RBI to enusre financial stability

DHFL has commercial paper worth Rs 750 crore maturing in June with the first repayment on June 7.

6 Jun 2019 1:18 PM IST

Economic Affairs Secretary Shaktikanta Das

New NPA resolution norms in 3-4 days: Shaktikanta Das

On April 2, the SC had declared as 'ultra vires' the February 12 circular that mandated banks to label even a day's...

6 Jun 2019 1:18 PM IST

The benchmark Sensex pared some gains and were trading higher by 0.69 per cent or 233.02 points at 34,080.25 at 0955 hrs. (Photo: File)

Sensex tanks over 300 points after RBI policy outcome; financial...

The 30-share index was trading 333.32 points, or 0.83 per cent, lower at 39,750.22.

6 Jun 2019 12:57 PM IST