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You are here : Moneycontrol » News » Economy

Economy

See cut in reverse repo to 6-7.5% range: Deutsche Bank  

02:07 PM | 05 December

Anant Narayan of Deutsche Bank feels a repo and a reverse repo rate cut is imminent given the strong rate cut action that happened on the part of the ...
Fiscal stimulus pkg to be declared on Dec 6: Kamal Nath  

12:13 PM | 05 December

Commerce Minister, Kamal Nath said the first phase of the fiscal stimulus package will be announced on December 6 and it will be quite substantial. “H...
Experts see interest rates trending down ahead  

10:52 AM | 05 December

KC Chakrabarty, CMD, Punjab National Bank, said the bank will decide to cut rates further on January 1. “We will cut deposits, lending rates as and wh...
Govt may cut petrol prices by Rs 5, diesel by Rs 2/litre  

10:30 AM | 05 December

The government is planning Rs 5 per litre cut in petrol prices and Rs 2 per litre in diesel, reports CNBC-TV18, quoting sources. A fuel price cut is t...
Sebi amends insider trading regulations  

09:10 AM | 05 December

In a circular released earlier this week, market regulator, Securities and Exchange Board of India has introduced some key changes to its 2002 insider...
FMPs to be affected most with curbing early exits  

08:40 PM | 04 December

Mutual fund industry had faced severe liquidity crunch due to redemption pressures in the past few months, and today, in its board meeting, market reg...
Listing of all close-ended MF schemes must: Sebi  

04:42 PM | 04 December

Market regulator Sebi (Securities and Exchange Board of India) has made the listing of all close-ended Mutual Fund (MF) schemes mandatory. It also has...
EMs may be sole contributors to 2009 int'l growth: RBI  

04:01 PM | 04 December

D Subbarao, Governor, Reserve Bank of India, said emerging economies would be the sole contributors to international growth in 2009. He said a period ...
Expect 1% ECB rate cut: Stephen Pope  

03:24 PM | 04 December

Stephen Pope, Chief Global Market Strategist, Cantor Fitzgerald, feels European markets would be in dire straits today if Bank of England and European...
Inflation at 8.4%; Kotak Mahindra Bk sees 1-1.5% repo cut  

01:09 PM | 04 December

Inflation for the week-ended November 22 came in at 8.4% as against 8.84% in the previous week. Indranil Pan, Kotak Mahindra Bank said the bank is fac...
RBI to cut repo, reverse repo rates on Sat: Sources  

07:32 PM | 03 December

The Reserve Bank of India (RBI) is likely to cut repo and reverse repo rate on Saturday, reports CNBC-TV18 quoting sources. However, a CRR cut, source...
Should achieve 7% GDP growth this year: Deepak Parekh  

06:32 PM | 03 December

HDFC Chief Deepak Parekh has said India should be able to achieve 7% growth this year, reports CNBC-TV18. He also said he was not pessimistic about FD...
10-year yield falls 20 bps to 6.84%, mkt expects rate cuts  

06:00 PM | 03 December

It was one big rally in the bond market today – about Rs 1.50 rise in the 10-year bond. That’s an unusual rise by bond markets standards. Incidentally...
See weak Re due to rising deficit, FII flows: Mecklai Fin  

02:48 PM | 03 December

Rugved Dhumale, Mecklai Fin feels the rupee will remain weak throughout CY08 or FY09. “Trade deficits have stayed up at $10 bn per month even afte...
Crude at $48.4/bbl

08:22 AM | 03 December

Crude oil rose for the first time in four days as US equities rallied and the Federal Reserve extended terms of three emergency loan programs to mitig...
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