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RBI monetary stance aimed to reinforce govt policy: Subbarao

RBI monetary stance aimed to reinforce govt policy: Subbarao

RBI Governor D Subbarao today said its monetary stance is aimed at reinforcing the government’s policy actions that will have a “positive impact” on growth. A revival in investment activity,…

RBI keeps repo rate unchanged

RBI keeps repo rate unchanged

Mumbai, Oct 30, 2012: The Reserve Bank of India on Tuesday left its key policy rate unchanged in its second quarter (July-September) monetary policy. However, it cut cash reserve ratio…

Sensex Gains over 100 points

Sensex Gains over 100 points

  Indian shares opened higher with the BSE Sensex gaining 100 points following the reshuffle of cabinet ministers.Indian equity benchmarks extended gains with the BSE Sensex falling over 100 points,…

Sensex trimmed initial gains, still up 71 points

Sensex trimmed initial gains, still up 71 points

The Sensex trimmed initial gains but was still up by 71 points Monday morning following the major Cabinet reshuffle and investor hopes that the Reserve Bank of India’s monetary policy…

Road map soon to raise oil consumption to 6 barrels/day: Moily

Road map soon to raise oil consumption to 6 barrels/day: Moily

New Oil Minister M Veerappa Moily today promised expeditious decision making as he set a target for more than tripling of oil consumption in the country to boost economic growth.…

Bank of Baroda expand branches in Karnataka

Bank of Baroda expand branches in Karnataka

  Bank of Baroda, which has 80 branches in Karnataka, will open branches in Karnataka. The bank has 33 onsite ATMs and 19 offsite ATMs in the State.In its financial…

Jet Airways revises flight timings

Jet Airways revises flight timings

Jet Airways has revised its flight timings between Thiruvananthapuram -Dammam-Thiruvananthapuram with effect from October 28, 2012, when the winter schedule comes into effect. Flight 9W 566 will leave Thiruvananthapuram at…

Three Keralites on Forbes list

Three Keralites on Forbes list

Three Keralites have found their way into the list of 100 rich Indians featured by the Forbes magazine. The rich three are MG George Muthoot, chairman of the Muthoot Group,…

Kingfisher crisis ends

Kingfisher crisis ends

New Delhi, Oct 26, 2012: The 26-day deadlock in Kingfisher Airlines was resolved today with the management agreeing to pay four months salary dues by December end to the striking…

Sensex rises 31 points in early trade on short-covering

Sensex rises 31 points in early trade on short-covering

The BSE benchmark Sensex gained over 31 points in early trade on Thursday on the back of covering-up of short positions by participants following monthly expiry in the derivatives segment.…