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India service industry growth cools slightly in April

May 04, 2016

India service industry growth cools slightly in April

Growth in India's services industry slowed in April in line with a more modest rise in new business, a private survey showed on Wednesday. #Rate cut #MARKIT #Services PMI #RBI governor Raghuram Rajan #April 2016
Rajan says currency market intervention will continue to curb volatility

Apr 19, 2016

Rajan says currency market intervention will continue to curb volatility

India's foreign exchange reserves swelled to a record high of $360 billion for the week ended 1 April #Inflation #RBI #Rupee #Raghuram Rajan #Monsoon #forex reserves #Forex #Rate cut
RBI expected to cut rates next week as inflation dips: Reuters poll

Apr 01, 2016

RBI expected to cut rates next week as inflation dips: Reuters poll

Falling inflation will give the Reserve Bank of India (RBI) room to cut interest rates at a policy review on Tuesday, and cut them again by September, before holding steady to assess the impact of the upcoming monsoon season on food prices, a Reuters poll found. #Inflation #RBI #Repo rate #WPI #HDFC Bank #Raghuram Rajan #CPI #Rate cut #Reuters Poll
Sensex soars 333 pts as clamour for rate cut grows

Mar 21, 2016

Sensex soars 333 pts as clamour for rate cut grows

The Sensex ended in the positive zone for the second straight session soaring 333 points to close at 25,285, a near 11-week high, while the broader NSE Nifty again went past the 7,700 level #Sensex #nifty #FIIs #BSE #Rate cut
Govt cutting PPF, small savings rates is good; now it is RBI's turn

Mar 21, 2016

Govt cutting PPF, small savings rates is good; now it is RBI's turn

The hope now is that the RBI will cut the repo rate further, banks will cut the interest rates on their loans and deposits, and people will borrow and spend #RBI #Interest rate #Raghuram Rajan #India Post #Rate cut #PPF Small savings interest rate
Sensex post-Budget rally best in 17 yrs; investor wealth zooms Rs 4.75 lakh cr in 4 sessions

Mar 04, 2016

Sensex post-Budget rally best in 17 yrs; investor wealth zooms Rs 4.75 lakh cr in 4 sessions

During the period, investors’ wealth zoomed by a whopping Rs 4.75 lakh crore with total market-cap reaching to Rs 91.09 lakh crore on BSE #Sensex #RBI #BSE #Rate cut #M-Cap #Bankex #Dalal Street #investors' wealth
Sensex surges 464 pts to end above 24,000 on strong global cues; SBI vaults 11%

Mar 02, 2016

Sensex surges 464 pts to end above 24,000 on strong global cues; SBI vaults 11%

Market breadth ended strong with 1,970 stocks advancing against 693 declines on BSE #Sensex #nifty #RBI #BSE #Budget #Rate cut #CNX
Sensex vaults 777 pts in biggest single-day gain in nearly 7 yrs; investor wealth up Rs 2.52 lakh cr

Mar 01, 2016

Sensex vaults 777 pts in biggest single-day gain in nearly 7 yrs; investor wealth up Rs 2.52 lakh cr

As seen in the current year so far, the Sensex has already lost a whopping 12 percent or 3,159 points down on the back of stepped up foreign investor selling and sluggish domestic economic growth #Sensex #nifty #RBI #BSE #Budget #Rate cut #M-Cap #Rural economy #CNX
RBI policy: How governor Raghuram Rajan lobbed the ball into Arun Jaitley's court

Feb 03, 2016

RBI policy: How governor Raghuram Rajan lobbed the ball into Arun Jaitley's court

The RBI has noted that domestic economic activity lost momentum in the third quarter of 2015-16, due to slackening agricultural and industrial growth #Interest rate #Economic growth #Arun Jaitley #Raghuram Rajan #spending #fiscal consolidation #Rate cut #Union Budget 2016 #Budget & Economy