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Key rates unchanged; RBI focuses on inflation control
Interest rates unlikely to soften in the short term
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Bank stocks take a beating
Mumbai, Jan. 29 Bank stocks took a beating on the bourses on Tuesday as the Reserve Bank of India’s Credit Policy belied the market expectation of a rate cut. The BSE-Bankex plunged 3.48 per cent after riding high on Monday on ...
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Chidambaram backs RBI’s decision to keep rates unchanged
‘Stance reinforces the emphasis on price stability’
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RBI expects inflation to be in 4-4.5% range in 2009
GDP growth target remains at 8.5%
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Bankers expect a drop in rates after a few months
Chennai, Jan. 29 Although the credit policy of the Reserve Bank of India, announced today, does not cue a rate cut, it appears to be a matter of consensus among bankers that interest rates will fall after a few months. Most bankers that ...
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The Guv does it again!
PLAYING WITH A STRAIGHT BAT
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Higher wages may cost Rlys Rs 9,000 cr more
New Delhi, Jan. 28 As Indian Railways readies the Budget for 2008-09, one of the biggest worries it faces is how to keep the profitability momentum with the prospect of wage bill inflating by about Rs 9,000 crore on account of the Sixth Pay ...
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Maruti Suzuki Q3 net up 24% on increased sales
New Delhi, Jan. 29 Maruti Suzuki India Ltd has reported a 24.1-per cent increase in net profit for the third quarter ended December 2007at Rs 467.04 crore as compared to Rs 376.41 crore for the quarter ended December 2006.The net sales ...
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Higher revenues boost Suzlon profit
Higher operating revenues enabled Suzlon Energy Ltd to nearly double its third quarter net profits. The stand-alone net increased to Rs 338.18 crore from Rs 176.23 crore in the year ago quarter, up by 91.89 per cent.The income from ...
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‘BPO sector can see 5-fold growth’
Will generate 2 m direct jobs: Nasscom-Everest study
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IMPACT
Rate sensitive sectors marked down
Door open for future rate cuts
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TODAY'S PICK
Zee News (Rs 67.45): Buy
We recommend a buy in Zee News at current market price from a short-term perspective. From the charts of the Zee News, we see that the stock has been on a steady long-term uptrend from January 2007 low of Rs 30. However, after marking an ...
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Day trading guide
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Guarded reaction from MFs, brokers
Credit Policy fails to enthuse markets
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Stop the superstition: BSE
‘Trivial issue has been blown out of proportion’
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