Mumbai: The Reserve Bank of India unexpectedly raised its policy interest rate by 25 basis points on Friday but rolled-back some of the measures it had implemented to support the battered rupee curre

Mumbai: Amidst the euphoria created by the US Federal Reserve’s decision to continue with the quantitative easing programme without a timeline, the government has advised caution while the banks are

The rupee fell 46 paise to close at 62.23 against the dollar on Friday, in line with a sharp decline in local stocks, after a surprise hike in a key lending rate by the RBI.

Interest-rate sensitive bank, realty and auto stocks fell up to 11.5 per cent after RBI unexpectedly raised the policy rate by 0.25 per cent, triggering all-round selling in the stock market.

The benchmark BSE S&P Sensex Friday slumped the most in almost 3 weeks, closing down 383 points after the RBI unexpectedly hiked the repo rate to check inflation.

Mumbai: The rupee fell 46 paise to close at 62.23 against the dollar on Friday, in line with a sharp decline in local stocks, after a surprise hike in a key lending rate by the RBI.
Governor Raghuram

Fitch Ratings cut India’s growth forecast for the current financial year to 4.8 per cent, saying weak demand is a large drag on the economy.

Mumbai: Asserting that Reserve Bank is ‘anti-inflation’, new Governor Raghuram Rajan on Friday said partial easing of its recent liquidity tightening measures coupled with repo rate hike is supportiv

New Delhi: Hyundai Motor India Ltd (HMIL) today said it will hike prices by up to Rs 20,000 across models, except the newly launched compact car Grand i10, from October 1 to offset the impact of rupe

New Delhi: Salt to software conglomerate Tata group on Thursday said it has entered into an agreement with Singapore Airlines to start a full-service carrier in India.
The two parties have signed a M