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More steps in offing to boost growth, says Chidambaram

The government will take more policy steps in the next one-and-half months to revive growth, Finance Minister P Chidambaram said while appreciating the RBI's initiative to unlock Rs 17,000 crore of

CRR cut a welcome step in right direction, says Montek

Lauding the RBI's decision to cut Cash Reserve Ratio (CRR), Planning Commission Deputy Chairman Montek Singh Ahluwalia on Monday said it would have a positive impact on the system and boost confidence

Sensex up for 9th day, gains 78 points to touch fresh 14-month high


Rising for ninth straight day, the Sensex on Monday gained 78 points climbing a fresh 14-month high on buying in capital goods, banks and power shares with RBI cutting cash reserve ratio by 0.25 pe

Analysts says CRR cut indicates RBI's concern on growth

Analysts and economists have welcomed the RBI decision to keep the rates unchanged in view of the sticky inflation and increase the liquidity with a marginal CRR cut, saying an interest reduction is a

RBI to keep rates steady as inflation jumps: Reuters Poll


The government may have swallowed a bitter pill and raised diesel prices despite resistance from allies and the opposition, but Friday's high inflation figure means the central bank is unlikely to be

Fed seen launching fresh stimulus, details in question


The US Federal Reserve appears set to launch a third round of unconventional monetary stimulus on Thursday while signaling that a weak U.S. economy may warrant ultra-low interest rates for at least an

Asian markets rise ahead of US Fed meeting


Asian markets rose and the dollar remained subdued against the yen on Wednesday ahead of a US Federal Reserve meeting most economists expect will deliver fresh stimulus to kickstart the economy.


Liquidity position is comfortable, RBI says ahead of policy review


Reserve Bank on Monday said the liquidity situation currently is comfortable and indicated that monetary policy action in the forthcoming mid-quarterly review next week would depend on latest developm

India’s economic growth languishes, worst may be over


India's economic growth languished near its slowest in three years in the quarter that ended in June but was slightly better than expected, signalling the worst may be over for Asia's third largest economy and dashing investor hopes of an early rate cut.

A 'close call' on more Fed's monetary easing


When Federal Reserve policymakers meet next month to decide whether to take action to boost the economy, it will be a 'close call,' a top Fed official said on Thursday on the eve of a speech by chairm

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.