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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

The Sensex opened higher before trading at 26,646.65 at 1100 hours, a loss of 51.17, or 0.19 per cent.

Sensex up 174 points at 31,671.71 on RBI's policy decision

A strengthening rupee, which hit 65.03 against the dollar during the day, pepped up mood.

4 Oct 2017 5:53 PM IST

Reserve Bank Governor Urjit Patel. (Photo: PTI)

Stimulus, farm loan waiver to push up fiscal deficit by 1 per cent:...

Central bank in its October policy statement says inflation will go up by 0.50 per cent on such measures.

4 Oct 2017 5:27 PM IST

Reserve Bank Governor Urjit Patel. (Photo: PTI)

RBI comes down heavily on MCLR, moots external benchmark

The base rate/MCLR regime is also not in sync with global practices on pricing of bank loans.

4 Oct 2017 4:24 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

RBI on GST: Adverse impact on mfg, may delay investment revival

RBI forecast economic growth to slow to 6.7 per cent in current fiscal, from 7.3 per cent projected earlier.

4 Oct 2017 4:11 PM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

RBI maintains status quo; cuts growth forecast to 6.7 per cent in FY18

RBI is mandated to keep the headline inflation, which accelerated to 3.36 per cent for August, in the 4-6 per cent band.

4 Oct 2017 3:04 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

Time is running out, reforms can't wait

Intense debate too has been thrown into stark relief after Yashwant Sinha decided to go public with his prognosis for a...

4 Oct 2017 1:53 AM IST

CII president, centre, Shobana Kamineni at an event. (Photo: File/PTI)

RBI money policy: CII wants a 100 bps cut in repo rate

industry, govt hope for interest rate cut to spur growth which fell to a 3-year low of 5.7 per cent in June quarter.

3 Oct 2017 7:27 PM IST

The Reserve Bank of India, RBI, will print new Rs 100 notes with new designs. (Photo:Representational/File)

RBI to print new Rs 100 notes to boost lower denomination supply

Central bank already printing new Rs 200 notes as it gears itself up to ensure enough cash in the system.

3 Oct 2017 3:50 PM IST

Reserve Bank of India, RBI, is a banking regulator. It also calculates and fixes repo rate. (Photo: AFP)

MPC has cut repo rate only twice since Oct 2016

RBI's monetary policy panel will reveal outcome of its Oct 3-4 key repo rate meet on Wednesday.

3 Oct 2017 2:21 PM IST

Sensex opened higher at 26,756.66.

Sensex trades high by 259 points, RBI meet takes spotlight

Broader Nifty was above key 9,850 level at 9,869.75, higher by 81.15 points.

3 Oct 2017 1:03 PM IST

Reserve Bank of India, RBI, is meeting on October 3-4 for its bimonthly policy review. (Photo: PTI)

RBI seen keeping rates on hold on inflation concerns

RBI has made a priority of maintaining consumer inflation at around 4 per cent with a band of -/+2 per cent.

2 Oct 2017 4:45 PM IST