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GST Rate Cut: These FMCG Firms Are Reducing Prices
With the revised GST rates coming into force from today, FMCG majors such as Hindustan Unilever (HUL) and ITC said they are in the process of reducing prices of commonly used items to pass on the benefits to consumers. In a ...
Highlights Of RBI's Fourth Bi-monthly Monetary Policy
The Reserve Bank of India (RBI) surprised the markets as RBI governor Raghuram Rajan cuts repo rate by 50 basis points from 7.25 per cent to 6.75 per cent. In 2015, this is the fourth such cut by the central bank ...
PSU Banking Stocks Gain After RBI Keeps Rate Unchanged
PSU bank stocks were seen trading higher by 1.7 per cent, after the Reserve Bank of India (RBI) held repo rates steady. Canara bank stocks were star performer among the PSU bank stocks, it surged by 5.21 per cent at Rs ...
Banking Stocks Surge After RBI Rate Cut
Banking stocks were seen trading higher after the report that RBI cut repo rates by 25 Basis Points on Thursday. The RBI Cut interest rates by 25 basis points to 7.75 per cent from 8 per cent. The country's central bank ...
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