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RBI likely to raise key policy rates tomorrow

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New Delhi, July 26: The Reserve Bank is likely to increase key policy rates by at least 25 basis points in its first quarterly review of the monetary policy tomorrow to tame inflationary expectations.

Economy to grow 8.5 percent: PMEAC

New Delhi, July 23: The Prime Minister's Economic Advisory Council (PMEAC) on Friday revised the growth forecast for the current fiscal to 8.5 percent from 8.2 percent earlier.

Addressing a press con

Pressure builds up on RBI to go soft on rates

July 22: Pressure is building up on the Reserve Bank of India to touch the policy rates as lightly as possible so that growth is not affected. Even as food inflation increased according to Friday’s fi

Bill to replace ULIP ordinance soon: Finance Secretary

New Delhi, July 20: Amid the Reserve Bank expressing reservations over the ULIP ordinance, the Finance Ministry today said a bill to replace the ordinance would be placed in the forthcoming session of

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