Weak domestic and demand conditions led the Reserve Bank of India on Wednesday to cut its economic forecast to 6.9 per cent for 2019-20. The RBI's monetary policy committee (MPC) in its third policy review of the current fiscal reduced the growth rate to 6.9 per cent from 7 per cent in...
To shore up slackening growth, the Reserve Bank of India on Wednesday reduced key lending rates for the fourth consecutive time. Accordingly, the the RBI's monetary policy committee (MPC) in its third policy review of the current fiscal reduced the repo, or short term lending rate for...
Sensex and Nifty on Wednesday traded on a flat note ahead of the Reserve Bank of India (RBI) policy rates announcement later in the day. The RBI is widely expected to go for a 25 basis points rate cut amid a widespread slowdown in the Indian economy. Except for metal stocks most other...
The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note but soon entered the negative zone. The Sensex of the BSE opened at 37,025.27 and touched a high of 37,037.60 and a low of 36,916.68. It is trading at 36,908.08 down by 68.77 points or 0.19 per ...
The Sensex and Nifty on Tuesday gained over 200 points during the early trade after it opened in the red amid heightened US-China trade spat and tension in the Jammu and Kashmir region. Buying was seen in heavily beaten down auto, PSU bank stocks....
It has been said that Lakshmi and Saraswati were always competing for supremacy against each other. Wherever Saraswati went, Lakshmi used to follow. It is believed that if one prays for Saraswati, Lakshmi will follow. If Saraswati departs, Lakshmi will depart with her, leaving behind her...
The US dollar declined as trade concerns persisted around global foreign exchange market, driving up safe-haven currencies including the Japanese yen and the Swiss franc. The dollar index, which measures the greenback against six major peers, fell 0.57 per cent at 97.5234 in late trading....
With focus on accelerating economic growth in Russia's far eastern region, around 50 business events, including panel discussions and roundtables, have been scheduled as part of the 5th Eastern Economic Forum (EEF) to be held here from September 4 to 6....
In an incident that raises questions about the customer safety systems put in place by the ride-hailing giant Uber, a woman in Bengaluru has alleged that a driver misbehaved with her and even threatened her of sexual abuse. Narrating her ordeal in a social media post, she said that Uber's safety system...
Italy's Premier Giuseppe Conte and FAO's new chief, Qu Dongyu on Monday voiced their support for the UN Food and Agriculture Organisation's special relationship with its host country and joint efforts towards wiping out hunger and malnutrition, FAO said in a statement....
