rate cut


GST Council to consider rate cut on items with low revenue impact on Jul 21

Jul 11 2018

The Goods and Services Tax Council may consider a reduction in tax rates on a host of items with low revenue implications as part of the tax rationalisation exercise in its next meeting on July 21.

RBI Governor, others voted for rate hike on inflation risks

Jun 20 2018

RBI Governor Urjit Patel voted for interest rate hike citing inflation risks and related uncertainties while his deputy Viral Acharya felt there was no alternative to it by 25 basis points.

RBI policy rate hike transmission soon, say bankers

Jun 06 2018

Bankers said that the Reserve Bank's decision to hike policy rate by 25 basis points will anchor inflationary expectations and policy rate transmission would happen in the coming days.

RBI allows banks to spread MTM losses for June quarter

Jun 06 2018

In the wake of continuing rise in bond yields, the Reserve Bank today allowed banks to spread their mark-to-market (MTM) losses for the June quarter as well.

Highlights of RBI monetary policy

Jun 06 2018

Highlights of the second bi-monthly monetary statement for 2018-19.

Analysts surprised with RBI rate hike, say more in the offing

Jun 06 2018

The hike in policy rates by the Reserve Bank today came as a surprise for analysts, who cautioned to brace for more such moves in the future as the central bank has upped its inflation forecast.

RBI hikes rate by 25 bps to 6.25%; home, auto loans to go up

Jun 06 2018

RBI hiked the key rate for the first time in over four years by 0.25% to curb inflationary pressure from high oil prices, a move which will translate into higher EMIs for home, auto and other loans.

Expert Views: RBI hikes policy rate to 6.25%, keeps 'neutral' stance

Jun 06 2018

The Reserve Bank of India (RBI) raised its policy rate for the first time in more than four years, due to inflation concerns, but kept its policy stance as “neutral”.

RBI hikes interest rate on inflation concerns

Jun 06 2018

The Reserve Bank for the first time in four-and-half-years raised key interest rate today by 25 basis points to 6.25 per cent on inflation concerns arising from surge in international oil prices.

RBI retains 7.4% GDP growth forecast for FY'19

Jun 06 2018

The Reserve Bank today retained growth projections for the current fiscal at 7.4 per cent on hopes of further boost to investments and higher consumption.

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Stocks In News



ICICI Lombard sells 17.7 Lk shares or 0.84% equity at Rs 270/sh


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Plans to sell part of se Asia biz as part of strategy to exit non scalable biz

To sell Singapore & Thailand units valuing them at $ 500Mn

Singapore & Thailand biz contributes 16% to revenues & 2% to EBITDA

To turn focus to domestic market



Avendus cap-KKR emerge as frontrunner to acquire IDFC MF

Offer of Rs 3,000-4,000 Cr made by FIN services firm


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