Domestic benchmark equity indices turned volatile in afternoon trade Thursday after the RBI cut repo by 0.25 per cent for the second time in a row, but kept the policy stance at 'neutral' amid uncertainty over monsoon.
The Reserve Bank of India (RBI) on Thursday cut repo rate for the second consecutive time this year to 6 per cent from the current 6.25 per cent, a move that will cheer industry leaders over relief from high borrowing costs a week before the first ph
Ex-Nissan chief Carlos Ghosn was arrested again for the fourth time on Thursday by Tokyo prosecutors on suspicions of aggravated breach of trust.
Equity benchmarks tripped between gains and losses on Thursday morning as investors awaited for the Reserve Bank of India (RBI) to release its policy statement later during the day.
Breaking its four-day rising streak, the BSE Sensex dropped about 180 points Wednesday on profit booking and forecast of below-normal monsoon this year.
Defending his comments criticizing Congress’ Nyunatam Aay Yojana (NYAY) scheme, NITI Aayog Vice-Chairman Rajiv Kumar on Wednesday said that he made the comment “as an economist and not as a member of Niti Aayog”.
Domestic demand is expected to remain the main driver as India's GDP picks up to grow at 7.2 per cent in 2018-19 and 7.3 per cent in 2019-20, the Asian Development Bank said on Wednesday.
Supreme Court Tuesday quashed the RBI circular of last year that pertains to the provisions for declaring a company bankrupt even on a one-day overdue.
Indian equity benchmarks Sensex and Nifty extended their gains in early trade on Tuesday, tracking positive domestic and global cues.
Gold prices Monday advanced by Rs 85 to Rs 32,820 per 10 gram in the national capital on increased buying by jewellers.
A recent study suggests that when it comes to growth, democracy significantly increases development.