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“Therefore, the Reserve Bank has front-loaded policy action by a reduction in the policy rate by 50 basis points”. As it is, the ASSOCHAM does not expect the exports to go beyond Dollars 268 billion in the current fiscal as against USD 310 billion.

A “blood moon” is created when a supermoon happens at the same time as a total lunar eclipse, making the moon’s face look as if it’s painted in a deep red.

Nothing can move Rajan to reduce rates except the economic fundamentals.

Take for instance, The State Bank of India (SBI) country’s largest lender slashed its lending rate by 0.40 per cent. The new rate will stand at 9.30 per cent from 5 October onward.

Mr Modi’s statement said that while both leaders shared “an uncompromising commitment on climate change”, he was careful to mention that this was “without affecting our ability to meet the development aspirations of humanity”.

RBI Governor Raghuram is widely expected to announce this year’s fourth rate cut tomorrow and expectations for the same have further increased after the US Fed’s status quot.

The Australian share market was slightly higher in early trade, with banks in positive territory but miners and energy stocks trading lower.

India, host of this summit, deserves credit for breathing a new lease of life in G-4 which had been moribund all these years. For India, it will take another decade to become a strong economy.

Apple suggested connecting the iOS device to a computer running iTunes; holding the Sleep/Wake and Home buttons until the Connect to iTunes screen appears; choosing Update when asked; and finishing the onscreen steps to set up the device.

Unlike their Indian counterparts, the dailies in America did not have NAMo’s face plastered all over them.

Switching off Wi-fi Assist will not compromise the quality of internet connection the user will be able to use in his device.

The benchmark indexes Sensex and the Nifty fell around 1 percent each on Monday, with weak global cues and caution ahead of the RBI policy review weighing on sentiment. Though, the expectations are high from RBI’s governor Raghuram Rajan to cut its key repo rate to a...

India’s central bank slashed its key repo rate by 50 basis points to 6.75% at its September policy meeting, describing the decision as a “front-loaded policy action” that was twice the size expected by the markets. If inflation is low, it will position the OCR...

The report, by Rebecca Williams and Adam Richardson, says it is important the Reserve Bank knows what a neutral rate would be, so it can gauge how expansionary or contractionary its current monetary policy settings are for the market.

Syed Salahuddin, who heads the Hizb-ul-Mujahideen, issued a press-statement on September 4 accusing New Delhi of building a “great wall” on the Line of Control (LoC).