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The government expects a helping hand from the RBI in the form of interest rate cut in the next monetary policy review on Wednesday to boost the slowing economy. Photo: PTI

RBI holds key rates but warns about stimulus

Raises inflation predictions, eases liquidity for banks.

5 Oct 2017 3:46 AM IST

The govt official stressed on the need to ensure that consumers obtained accurate and unadulterated quantities of fuel purchased by them. (Photo: PTI)

Reduce VAT on fuel by 5 per cent: Centre urges states

Union finance minister Arun Jaitley will be writing to all state chief ministers urging them to cut VAT on petrol an...

5 Oct 2017 3:25 AM IST

Foreign portfolio investors (FPI) have pulled out more than Rs 7,300 crore from the equity markets in August.

Sebi hikes FPI investment limit for govt debt; move to boost foreign...

Earlier, the limit for foreign portfolio investors (FPIs) was about Rs 1,87,700 crore.

4 Oct 2017 8:51 PM IST

Former Prime Minister Manmohan Singh. (Photo: PTI/File)

Process of economic reforms 'incomplete', new approach needed:...

Singh said economic reforms should be above all the process of opening of new opportunities for people born without...

4 Oct 2017 8:37 PM IST

The Enforcement Directorate has carried out massive raids in 50 branches of 10 banks across the nation. (Photo: PTI/Representational)

RBI urges banks to be sensitive to senior citizen, differently-abled...

The Reserve Bank of India also permitted co-operative banks to open current accounts.

4 Oct 2017 8:26 PM IST

Finance Minister Arun Jaitley said that the government gave opportunity to people to come clean about their accounts held abroad. (Photo: Twitter/ANI)

Jaitley urges states to slash VAT on petrol, diesel to counter price...

Petrol price rose by Rs 7.8 since early July to reach over three-year high of Rs 70.88 a litre in Delhi.

4 Oct 2017 8:16 PM IST

Prime Minister Narendra Modi on Wednesday accepted that growth rates have fallen but insisted that his government is committed to reversing the fall. Photo: ANI| Twitter

Modi accepts decline in growth rate, says govt committed to reversing...

He went on to say that after demonetisation, the cash to GDP ratio came down to 9 percent, from 12 per cent in November...

4 Oct 2017 7:51 PM IST

The finance ministry on Wednesday said it has taken note of the RBI decision to maintain status quo on interest rate. Photo: PTI

RBI repo rate status quo, lower growth forecast noted, says Finance...

The ministry, however, welcomed the initiative with regard to Peer to Peer (P2P) NBFC financing regulation.

4 Oct 2017 7:05 PM IST

The government expects a helping hand from the RBI in the form of interest rate cut in the next monetary policy review on Wednesday to boost the slowing economy. Photo: PTI

New foreign portfolio investment norms from April: RBI

New norms will facilitate process of investment and hedging by Foreign Portfolio Investors.

4 Oct 2017 6:41 PM IST

Being the first baby to be born in-flight for the airline, Jet Airways has offered him a free lifetime pass for all his travels.

Jet Airways launches 2 non-stop flights from Bengaluru to Amsterdam

Jet Airways CEO Vinay Dube said there there was a demand from people of Bengaluru for direct connectivity to Europe.

4 Oct 2017 6:39 PM IST

Indias GDP slowed down to 5.7 per cent on the back of demonetisation and GST. Photo: AP

RBI should have cut interest rate to boost growth: India Inc

Industry argues rate cut would have propelled demand as interest rates remain unduly high.

4 Oct 2017 6:14 PM IST

Indias forex reserves have shot up considerably.

RBI mulls transparent foreign exchange trading platform

Such a mechanism will provide transparency while enhancing competition and lead to better pricing for customers, it...

4 Oct 2017 5:38 PM IST