Sensex rallies 377 points to reclaim 28,000-level, all eyes shift to RBI meet
Market turned more decisive as the Sensex Monday jumped over 377 points -- its biggest single-day gain in about a month -- and the NSE Nifty scaled the 8,700 mark in anticipation of a rate reduction at the RBI policy meet tomorrow.
Oct 03, 2016, 17:40 PM IST
Market wishlist for 2016: GST, more rate cuts & return of FPIs
Passage of the long-pending GST bill, lower interest rates and a bounce-back in the foreign portfolio investments, as also a stable rupee and good monsoons, figure high on the New Year wishlist of Dalal Street to help it regain the 30,000-point milestone.
Jan 01, 2016, 19:19 PM IST
RBI to cut rates irrespective of Fed moves: Ind Ra
RBI will consider slashing repo rate by 0.25 percent in its upcoming policy meet, irrespective of a rate hike by US Federal Reserve, Ind-Ra said Monday.
Sep 14, 2015, 19:17 PM IST
Rajan best man to decide on rates; better than Govt too: Rahul Bajaj
"The best person in India today to decide (on rate cuts) is the present Governor of RBI... He knows better than the government, he wants to control inflation," Bajaj Auto Chairman said.
Sep 09, 2015, 18:23 PM IST
Bankers see higher PPF rate limiting more deposit rate cuts
Bankers have said there is more room to cut deposit rates which can help bring down lending rates, but fear that competing savings instruments like PPF and tax-free bonds will limit their ability.
Aug 02, 2015, 14:55 PM IST
Greater rate cuts by banks in offing: FM Jaitley
An assurance to this effect was given by the bank chiefs at a meeting where their financial performance and other parameters, including transmission of the RBI rate cuts, were reviewed, Jaitley told reporters after the meeting.
Jun 12, 2015, 16:51 PM IST
Nirmala for rate cut by RBI, affordable credit to industry
Ahead of the RBI's monetary policy review, the government on Saturday "strongly" pushed for interest rate cut saying availability of affordable credit was necessary to boost manufacturing.
May 30, 2015, 21:44 PM IST
Hopeful that RBI will cut rates on June 2: Sinha
Asserting that the radical steps taken by Modi government has provided macroeconomic stability in the past one year, Union Minister of state for Finance Jayant Sinha on Tuesday expressed hope that RBI will cut interest rates in its upcoming monetary policy review.
May 26, 2015, 18:51 PM IST
No rate reduction by 70 banks despite two cuts by RBI
As many as 70 banks, including 23 public sector lenders, have not passed on the benefits to their consumers from RBI's two rate cuts so far in 2015.
Apr 28, 2015, 18:03 PM IST
External advisor urged RBI to cut rates by 0.75%
Three members of a seven-person committee advising the Reserve Bank of India (RBI) on monetary policy recommended a cut in interest rates at its policy review earlier this month, with one suggesting easing by 0.75%, according to a summary of the recommendations released on Wednesday.
Feb 25, 2015, 19:25 PM IST
RBI to wait for "clearer read" before cutting rates in Q2 2015
The Reserve Bank is likely to cut policy rates by 50 basis points starting from the second quarter of 2015, as base effects for industrial production and inflation normalise over the coming months, a report says.
Dec 15, 2014, 18:52 PM IST
