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Policymakers at the Reserve Bank of India today decided to leave the policy rate — the repo — unchanged at 8 per cent, but slashed the cash reserve ratio (CRR) by 25 basis points to 4.50 per cent, pumping another Rs 17,000 crore into the financial system.... | Read..
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Banks are mulling another lending rate cut, which means prospective borrowers should wait a while before closing their loan deals.... | Read..
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Rajiv Kumar, secretary-general of the Federation of Indian Chambers of Commerce and Industry (Ficci), today quit the industry association as he plans to return to academics a... | Read..
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Air India might have to brace for yet another pilots’ strike over longer flying hours.... | Read..
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The civil aviation ministry today suspended six senior officials of the Airports Authority of India (AAI) and initiated penalty proceedings against them after a prelimina... | Read..
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The government today deallocated the Gourangdih ABC mine, which was jointly given to JSW Steel and Himachal EMTA, beside... | Read..
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City-based Roofers Group is planning to invest Rs 100 crore to scale up the capacity of its cement plant in Midnapore to... | Read..
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Briefs
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