Another 0.50 % repo hikes in the offing: Analysts
Having been surprised by the repo rate increase on inflation concern, analysts expect new Reserve Bank governor Raghuram Rajan to hike the key rate by another 0.50 percentage points this fiscal.
Gold continues to slide on falling demand, global sell-off
Gold prices slumped further at the domestic bullion market on Saturday due to consistent selling by stockists as well as subdued investment off take amid bearish overseas sentiment.
Mkts continue to rule firm for 4th week; Sensex up 531 pts
Despite last day selling due to RBI’s repo rate hike, the S&P BSE benchmark Sensex continued to rule firm for the 4th consecutive week by surging 531 points to finish the week at 20,263.71 on good buying support after the US Federal Reserve decided to maintain its stimulus.
Bengali’s lawyer alleges detainment
Before the chargesheet against the four accused — who are all majors — along with their juvenile accomplice, arrested for gangraping a young photojournalist in the defunct Shakti Mills compound, could
IB report warns of communal flareups
The latest Intelligence Bureau report received by the state through the Union home ministry has warned about possible communal flareups in Dhule, Miraj, Ichalkaranji, Nanded, Malegaon and Beed.
Rupee falls 46 paise to 62.23 vs USD after RBI raises key rate
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.
46% couples in 31-40 age group are infertile: study
India’s first fertility survey — Helping Families — has revealed that as many as 46 per cent of couples in the 31-40 age group are infertile.
Interest-rate sensitive stocks tank as RBI hikes interest rate
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.
Heard rapists talking of ‘hunting deer’: Witness
While talking to each other, the accused termed their target — the victim photojournalist — as a “deer” to avoid suspicion.
Sensex tumbles 383 points after RBI hikes interest rate
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.