Mumbai, April 29 (IANS) India's central bank hiked the cash reserve ratio (CRR) for banks by another 25 basis points Tuesday in a bid to contract money supply and contain price rise, but kept all other key rates unchanged.
Tuesday, April 29, 2008 1:11:57 PM
Mumbai, April 29 (IANS) The Reserve Bank of India hiked the cash reserve ratio (CRR) by 25 basis points to 8.25 percent in its monetary policy announced Tuesday morning, while keeping the repo rates and reverse repo rate unchanged, in an effort to keep inflation down to 4-4.45 percent.
Tuesday, April 29, 2008 12:17:41 PM
New Delhi, April 29 (IANS) Blaming the diversion of foodgrain for producing fuel and high crude oil prices for rising inflation in India, Prime Minister Manmohan Singh Tuesday hoped a normal monsoon would salvage the situation.
Tuesday, April 29, 2008 11:34:23 AM
Mumbai, April 29 (IANS) The Indian equities market which opened in the green Tuesday ahead of the monetary policy announcement of the Reserve Bank of India recorded a marginal gain in early trade, with buying interest in metal stocks.
Tuesday, April 29, 2008 11:25:10 AM
Mumbai, April 29 (IANS) The Indian equities market opened in the green Tuesday ahead of the announcement of the monetary policy by Reserve Bank of India, the country's central bank.
Tuesday, April 29, 2008 10:47:53 AM
Panjim, April 29 (IANS) Feni, that uniquely Goa drink distilled from the cashew apple, is showing a sharp decline in production. This despite the fact that it is one of the best-known local liquors in India.
Tuesday, April 29, 2008 9:33:15 AM
Amritsar, April 28 (IANS) Trucks carrying over 3,000 tonnes of Indian red chillies bound for the Pakistani market have been stranded at Attari near the border for the past two weeks, triggering a protest by the irate truck drivers Monday demanding that the stocks be unloaded for further transit.
Monday, April 28, 2008 11:16:11 PM
Mumbai, April 28 (IANS) Kotak Mahindra Bank has hiked interest rates on its term deposits to 8.5 percent (271 days to less than 1 year) and 9.25 percent (1 year to less than 5 years).
Monday, April 28, 2008 10:46:39 PM
Kozhikode, April 28 (IANS) Titan Industries Ltd aims at an annual business of around Rs.4.5 billion ($112.5 million) fiveyears from now, from its recently launched eyewear venture, said company managing director Bhaskar Bhat here Monday.
Monday, April 28, 2008 10:06:18 PM
Mumbai, April 28 (IANS) Hindustan Unilever Ltd has posted a net profit of Rs.3.8 billion ($95 million) for the last quarter (January-March) of 2007-08, as compared to Rs.3.9 billion of the year-ago period.
Monday, April 28, 2008 9:30:38 PM
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