The Reserve Bank of India (RBI) is likely to maintain status quo on key rates when it reviews its monetary policy Tuesday as inflation remain sticky. Exerts and market analysts say the central bank would like to see more clarity on inflation trend before tinkering with the policy rates. “We are expecting no change in […]
Over 600 delegates and 300 exhibitors from 30 countries will take part in a four-day mega mining conference to be held here from Feb 13. The fifth International Mining, Exploration, Mineral Processing Technology, Metals and Machinery Exhibition at the Salt Lake Stadium would end Feb 16, a release from the organisers, Metallurgical Institute of India […]
A benchmark index of Indian equities markets plunged 337.63 points or 1.60 percent in the pre-noon trade Monday. All the sectors were trading in the red. Substantial selling pressure was seen in the banking index (bankex), capital goods, metal, auto and oil and gas sectors. The 30-scrip sensitive index (Sensex) of the S&P Bombay Stock […]
India’s trade deficit widened to $10.14 billion in December from $9.22 billion recorded in the previous month due to slower growth in exports and increased imports of gold, government data showed Friday. Exports increased by 3.49 percent to $26.34 billion in December 2013 as compared to $25.45 billion recorded in the corresponding month of the […]