12 Feb 2016
New Delhi: Chinese smartphone maker Coolpad yesterday announced that it sold 80,000 units of Coolpad Note 3 Lite in 41 seconds during their first three flash sales on Amazon. The first flash sale saw 30,000 units going out in 21 seconds.
02 Feb 2016
Mumbai: The Reserve Bank of India today announced its sixth bi-monthly monetary policy review. RBI Governor Raghuram Rajan left the key policy rate unchanged but indicated at accommodative stance saying with 'inflation moving closer to the target' there would be more room for rate cut to support growth. Following are the highlights of the monetary policy statement:
13 Feb 2016
New Delhi: Tearing into former Prime Minister Manmohan Singh's criticism of Modi government, Finance Minister Arun Jaitley today said the transition from UPA to NDA government has been from "policy-paralysis" to a global "bright-spot" while Congress' stand on the crucial GST Bill has been motivated by "real politics".
03 Feb 2016
Mumbai: Bankers yesterday said the Reserve Bank's status quo policy stance was on expected lines but expressed hope that the Central Bank would cut policy rate by up to 0.75 percent during the course of next financial year.
11 Feb 2016
Mumbai: After remaining a net purchaser of dollars for two consecutive months, the Reserve Bank net sold USD 179 million in December at the spot market.
02 Feb 2016
Mumbai: RBI Governor Raghuram Rajan today left the key policy rate unchanged but indicated at accommodative stance saying with "inflation moving closer to the target" there would be more room for rate cut to support growth.
02 Feb 2016
Mumbai: Bankers today said the Reserve Bank's status quo policy stance was on expected lines but expressed hope that the central bank would cut policy rate by up to 0.75 percent during the course of next financial year.
30 Jan 2016
Mumbai: The Reserve Bank will announce its sixth Bimonthly Monetary Policy Review on February 2, the last before presentation of the Union Budget amid clamour for rate cut to give a boost to the economy.
09 Feb 2016
Mumbai: Superstar Salman Khan, who is prepping for his upcoming film 'Sultan', looks clean-shaven yet rugged in the Ali Abbas Zafar directorial.
01 Feb 2016
New Delhi: As inflation trends upwards, RBI may keep interest rate unchanged in the monetary policy review today and possibly take a call post Budget 2016-17, which will give a direction about key macroeconomic parameters, including fiscal deficit, experts said.