• 

  RBI may go in for further 25 bps rate cut, feel experts

  Business | July 26, 2020 23:15 IST

  The Reserve Bank is likely to go in for a minimum 25 basis points cut in key lending rate in the forthcoming monetary policy review as the need to revive the coronavirus-hit economy is pressing notwithstanding marginal uptick in inflation, feel experts.  

• 

  RBI stops short from announcing rate cut but isn't ruling out the possibility either

  Business | March 16, 2020 17:07 IST

  The Reserve Bank of India (RBI) on Monday said it would support crisis-hit Yes Bank with liquidity if the need arises. The central bank did not announce any rate cuts which are seen as a quick-fix whenever a country is in the middle of market uncertainty or hit by an economic slowdown.

• 

  Cars and bikes likely to go cheaper ahead of Diwali following tax rate

  Auto | September 21, 2019 10:50 IST

  The festival season is all set to bring good news for those planning to buy cars or bikes. Details inside.   

• 

  RBI cuts rate to 9-year low, home and auto loans set to become cheaper

  Business | June 06, 2019 14:48 IST

  The decision to reduce the repo rate was taken by the RBI's Monetary Policy Committee (MPC) at its second monetary policy review of the ongoing fiscal.

• 

  RBI rate cut unlikely to stimulate growth due to poor transmission: India Ratings and Research

  India | June 06, 2019 7:38 IST

  Despite the RBI cutting policy rate by 50bp so far in 2019, banks have not adjusted their lending/deposit rate accordingly. On the contrary, a number of banks have raised their deposit rates to mobilise funds.

• 

  Realtors want banks to pass on rate cut benefits to borrowers

  India | April 04, 2019 19:52 IST

  In a bid to boost the sluggish economy before elections, the RBI Thursday cut the interest rate by 25 basis points for the second time in as many months, a move that may translate into lower EMIs for home and other loans.

• 

  Revised GST rates to kick in from today: Check list of 23 goods and services getting cheaper

  Business | January 01, 2019 0:01 IST

  In a new year gift to the common man, the government has notified reduction in GST rates on 23 goods and services, including movie tickets, TV and monitor screen.

• 

  October collections keep falling at Rs 83,346 cr post GST rate cut

  Business | November 27, 2017 23:17 IST

  With all but 50 items removed from the highest GST rate slab, collections in October fell to Rs 83,346 crore from over Rs 92,000 crore in September, official data showed on Monday.

• 

  BJP begins statewide campaign in Tamil Nadu to check GST revised rates in hotels

  Business | November 20, 2017 20:51 IST

  The GST Council recently reduced the tax rate on 178 items from 28 percent to 18 percent and also brought all AC and non-AC restaurants in the five percent GST bracket without the Input Tax Credit (ITC).

• 

  High court judges, experts brainstorm on likely GST litigations

  Business | November 19, 2017 11:54 IST

  Topics ranging from 'potential areas of conflict and litigation under GST' to 'comparative analysis of concepts: GST vis-a-vis Central Excise, Service Tax and VAT', were discussed.

• 

  Companies have to ensure GST rate cut benefit reaches consumer: Finance Secretary

  Business | November 19, 2017 7:47 IST

  The GST Council, chaired by Union Finance Minister Arun Jaitley and comprising his state counterparts, had last week lowered tax rates on over 200 items.

Advertisement
• 

  Linking GST rate cuts to elections 'juvenile politics': Arun Jaitley's potshot at Congress

  Politics | November 13, 2017 23:45 IST

  The decisions in the GST Council are "all consensus decisions," he said. "This is really juvenile politics to link it with either elections or political demands".

• 

  Markets cautious ahead of RBI policy review outcome; Sensex, Nifty open flat

  Business | October 04, 2017 9:58 IST

  The fourth bi-monthly monetary policy statement for 2017-18, to be released today, is being keenly awaited by all stakeholders.

• 

  Rate cut fails to lift spirits, Sensex, Nifty turn sluggish on weak Asian shares

  August 03, 2017 11:36 IST

  The Reserve Bank's decision to lower the benchmark rate by 25 bps to 6 per cent yesterday was already priced in, which is why there is nothing to cheer, dealers said

• 

  India Inc welcomes RBI move, but not too joyed by 25 bps rate cut

  August 03, 2017 11:19 IST

  Industry believes the RBI's move to cut interest rates by 0.25 per cent was long due, but there was more that could have been done

• 

  FinMin gives a thumbs up to RBI rate cut, says step important for sustained growth

  August 02, 2017 16:34 IST

  The government had been pitching for a rate cut to boost economic growth amid retail inflation falling to a historic low of 1.54 per cent in June

• 

  Monetary Policy 2017: Loans may get cheaper as RBI brings down repo rate to 7-year-low of 6 pc

  August 02, 2017 15:03 IST

  The cut in the key lending rate comes on the back of the sharp dip in retail inflation over the past few months. The revised repo rate at 6 per cent is the lowest in six-and-a-half years since November 2010

• 

  Sensex surges 111 points to 32,687, Nifty hits life high of 10,138 ahead of RBI decision

  August 02, 2017 10:18 IST

  The 30-share Sensex spurted by 111.31 points, or 0.34 per cent, to hit a new peak of 32,686.48, breaking its previous intra-day record of 32,672.66 hit on July 27

• 

  RBI rate cut hopes, earnings season lift Indian equities

  July 31, 2017 13:25 IST

  It is the policy week and all hopes are set for an interest-rate cut when the RBI's monetary policy committee meets on August 2

• 

  Markets negate RBI’s 25 bps rate cut, Sensex nosedives over 500 points

  April 05, 2016 16:41 IST

  Reserve Bank f India’s rate cut of 25 basis points has failed to enthuse equity markets, with the BSE Sensex plunging 516 points to end at 24,833.16 points. Nifty too cracked 155.60 points to and closed at 7,603 points.