Taking a cue from the continued downward surprises in inflation and sluggish growth indicators, the Reserve Bank of India is likely to go for further monetary easing in its June 17 policy meet, global investment banking majors have said.RBI rate cut, RBI monetary policy, Wholesale inflation, Policy rate cut, Loan rate cut,
Amid the uproar over investment fraud in West Bengal, an Inter-Ministerial Group will hold its first meeting this week to suggest ways to deal with such schemes against the backdrop of demands within a Parliamentary Committee for scrapping of chit fund schemes.Fraudulent investment schemes, Fake investment schemes, Fake chit fund schemes, Department of Financial Services, Investment fraud in West Bengal,
The estimated Rs 950-crore IPO of local search engine Just Dial will begin on Monday and is one of the largest initial public offers by an Indian Internet company. The IPO, which does not have issue of fresh shares, would see promoters offloading 17.49 million shares. This would make up for 25.2 percent of the company's paid up equity capital.
The recent 'unbundling' of some services such as seat preferences or meals on board might be helping airlines to earn a lot of ancillary revenue, but the government is considering whether it could limit the number of 'preferred seats' on sale on each flight.
Rafa Nadal made short work of his great rival Roger Federer to win the Italian Open, his sixth trophy of the year, 6 Read More
Mahesh Bhupathi and Rohan Bopanna ended runners-up at the Rome Masters after a tame straight sets defeat at the hand Read More
Lambasting the BJP for stalling the second half of Budget session of Parliament, Union Minister V Narayanasamy on Sunday said it only showed that the main Opposition had no faith in democracy.Read More
Setting a fresh deadline, three Congress MPs from Telangana on Sunday asked the party's leadership to take a positive decision over the demand for separate statehood to the region by May 30.Read More
Anticipating Tibetan protests during the visit of Chinese premier Li Keqiang, DMRC has decided to close Metro station at Race Course Road for two hours in the evening, besides shutting four others on Monday.Read More