Reserve Bank may finally go for a 25 basis points rate cut in August if a good monsoon contains core inflation at a moderate 4-5 per cent, says a Bank of America Merrill Lynch (BofAML) report............
See full articleIndia will be the world's fastest growing economy during the next five years, a top US intelligence think-tank has said while underlining that Pakistan, unable to match India's economic prowess, will seek "other methods" to maintain even a semblance of balance.............
See full articleThe Reserve Bank of India (RBI) kept its policy rate on hold on Wednesday and unexpectedly signalled an end to its longest easing cycle since the global financial crisis, saying inflation poses a bigger threat to the economy than a crackdown on "black money"............
See full articleAs the Reserve Bank of India (RBI) gears up for its monetary policy announcement on Wednesday, all eyes will be on governor Urjit Patel as the market expects a reduction in interest rates. Apart from the actual rate action though, announcements and commentary around some key issues will also be looked at closely by economists and analysts..............
See full articleGlobal merger and acquisition activity is expected to moderate amid economic and political uncertainty with deal size likely to drop to $2.5 trillion this year from $2.8 trillion in 2016, says a report.......
See full articleReserve Bank today said 10 Non Banking Finance Companies (NBFCs), including Supreme Securities and Island Leasing, have surrendered their registration certificate..........
See full articleExports from special economic zones (SEZs) have touched Rs 2.36 lakh crore during April-September period of the current financial year, Parliament was informed today..........
See full articleA merger under discussion between Vodafone Group Plc.’s India unit and Idea Cellular Ltd. would create a new leader in one of the world’s most competitive mobile-phone markets. For rivals, there’s a silver lining: bandwidth on the cheap...........
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