Reserve Bank of India keeps key-rates unchanged
Reserve Bank of India has kept all key rates like bank rate, repo rate, reverse repo rate and cash reserve ratio (CRR) unchanged and said it sees inflation to scale up to about 5% by March next year.

In its quarterly review of the monetary policy, the Reserve Bank while keeping the repo and reverse repo --shot-term rates at which banks lend and borrow from RBI-- retained economic...

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  • Not privy to final special leave petition in Ambani case: Parasaran
    Additional solicitor general (ASG) Mohan Parasaran said he was left out of the details of a special leave petition (SLP) filed by the petroleum ministry in the Supreme Court (SC), seeking annulment of a family MoU between the group companies of the Ambani brothers over gas supply, reports PTI.

    "I found that broadly the SLP was acceptable, but was of the view that we should confine...

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  • Entrepreneurs Barred

    India may be a budding economic superpower and one of the two countries in the world to record a positive growth in GDP this year. But how easy is it to do business here? The World Bank’s illuminating annual survey of Doing Business ranks 181 economies under various parameters to find out how business-friendly they are. The parameters are: starting a business, getting construction permits,...

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