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RBI Keeps Key Lending Rate Unchanged, Growth Target Lowered To 6.6%
The Reserve Bank of India (RBI) has kept its key lending rate unchanged for the 11th consecutive time citing high inflation, but lowered sharply the growth target for the current financial year.
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Pernod Ricard Denies Breaching India's Law, Its Lawyers Said Otherwise
An internal investigation ordered by Pernod Ricard concluded that top executives at its India business violated the law by colluding with alcohol retailers in New Delhi, according to a document seen by Reuters.
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No Change In RBI Repo Rate: What It Means For Your Monthly EMIs
The Reserve Bank of India's Monetary Policy Committee (MPC) wrapped up its three-day deliberations today, deciding to maintain the repo rate at 6.5 per cent for the fourth consecutive time this fiscal year and the tenth time overall.
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No Policy Change on Multi-Brand Retailing: Piyush Goyal In US
Union Minister of Commerce and Industry Piyush Goyal on Thursday categorically ruled out the entry of multi-brand retailing in India as such a move would destroy pop-and-mom stores like that of the US.
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Andhra Cabinet Clears New Liquor Policy, Adopts Private Retail System For Sale
The Andhra Pradesh Cabinet headed by Chief Minister N Chandrababu Naidu on Wednesday approved the new excise policy and 33 percent reservation for Backward Classes (BCs) in legislative bodies, among others.
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K Kavitha "Threatened" Pharma Firm Boss To Pay Rs 25 Crore To AAP: CBI To Court
CBI told a special court here that BRS leader K Kavitha allegedly "threatened" Aurobindo Pharma promoter Sharath Chandra Reddy to pay an amount of Rs 25 crore to the AAP for the five retail zones allotted to his firm under the Delhi excise policy.
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"Not Out Of Woods Yet, Have Miles To Go": RBI Bulletin On Retail Inflation
A Reserve Bank Bulletin on Thursday said retail inflation has moderated due to monetary policy action and supply-side interventions, but "we are not out of the woods yet and have miles to go".
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RBI Keeps Key Lending Rate Unchanged At 6.5% For 4th Consecutive Time
The Reserve Bank of India (RBI) today decided to keep its key lending rate unchanged at 6.5% for the fourth consecutive time.
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JPMorgan’s UK Bank Chase to Ban Crypto Transactions After Increase in Scams
JPMorgan's British retail bank Chase will ban crypto transactions made by customers from October 16 due to an increase in fraud and scams, the company said on Tuesday.
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"Monetary Policy On Right Track": RBI After Retail Inflation Falls To 4.7%
Reserve Bank of India Governor Shaktikanta Das on Friday said the cooling off in headline inflation to 4.7 per cent during April is "very satisfying".
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India Expected To Continue Hiking Rates, Despite Global Rethink: Analysts
India's headline and core inflation has been unrelenting, with data post market close on Monday showing annual retail inflation remained above the Reserve Bank of India's (RBI) upper limit, easing only slightly from January's 6.52%.
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Centre To Bring Retail Trade Policy For Brick And Mortar Traders
The government is working to bring a national retail trade policy for brick and mortar retail traders with an aim to promote ease of doing business, a senior official said today.
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Probe Agency Alleges Pernod Ricard Violated Delhi's Liquor Policy To Boost Market Share
The Delhi government's policy prohibited manufacturers from participating in retail sales directly or indirectly and Pernod was "in contravention" as it effectively used bank guarantees to invest in retailers, said the documents.
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RBI Likely To Opt For Small Rate HIkes As Inflation Eases: Report
RBI Policy: The RBI is likely to opt for a 35 basis points (bps) rate hike at its policy meeting in December, as inflation eased, analysts said.
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Retail Inflation Eases To 6.77% In October, Lowest In 3 Months
Retail Inflation: Retail inflation lowest in 3 months, eases to 6.77% in October as compared to 7.41% in September.
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RBI Keeps Key Lending Rate Unchanged, Growth Target Lowered To 6.6%
The Reserve Bank of India (RBI) has kept its key lending rate unchanged for the 11th consecutive time citing high inflation, but lowered sharply the growth target for the current financial year.
-
Pernod Ricard Denies Breaching India's Law, Its Lawyers Said Otherwise
An internal investigation ordered by Pernod Ricard concluded that top executives at its India business violated the law by colluding with alcohol retailers in New Delhi, according to a document seen by Reuters.
-
No Change In RBI Repo Rate: What It Means For Your Monthly EMIs
The Reserve Bank of India's Monetary Policy Committee (MPC) wrapped up its three-day deliberations today, deciding to maintain the repo rate at 6.5 per cent for the fourth consecutive time this fiscal year and the tenth time overall.
-
No Policy Change on Multi-Brand Retailing: Piyush Goyal In US
Union Minister of Commerce and Industry Piyush Goyal on Thursday categorically ruled out the entry of multi-brand retailing in India as such a move would destroy pop-and-mom stores like that of the US.
-
Andhra Cabinet Clears New Liquor Policy, Adopts Private Retail System For Sale
The Andhra Pradesh Cabinet headed by Chief Minister N Chandrababu Naidu on Wednesday approved the new excise policy and 33 percent reservation for Backward Classes (BCs) in legislative bodies, among others.
-
K Kavitha "Threatened" Pharma Firm Boss To Pay Rs 25 Crore To AAP: CBI To Court
CBI told a special court here that BRS leader K Kavitha allegedly "threatened" Aurobindo Pharma promoter Sharath Chandra Reddy to pay an amount of Rs 25 crore to the AAP for the five retail zones allotted to his firm under the Delhi excise policy.
-
"Not Out Of Woods Yet, Have Miles To Go": RBI Bulletin On Retail Inflation
A Reserve Bank Bulletin on Thursday said retail inflation has moderated due to monetary policy action and supply-side interventions, but "we are not out of the woods yet and have miles to go".
-
RBI Keeps Key Lending Rate Unchanged At 6.5% For 4th Consecutive Time
The Reserve Bank of India (RBI) today decided to keep its key lending rate unchanged at 6.5% for the fourth consecutive time.
-
JPMorgan’s UK Bank Chase to Ban Crypto Transactions After Increase in Scams
JPMorgan's British retail bank Chase will ban crypto transactions made by customers from October 16 due to an increase in fraud and scams, the company said on Tuesday.
-
"Monetary Policy On Right Track": RBI After Retail Inflation Falls To 4.7%
Reserve Bank of India Governor Shaktikanta Das on Friday said the cooling off in headline inflation to 4.7 per cent during April is "very satisfying".
-
India Expected To Continue Hiking Rates, Despite Global Rethink: Analysts
India's headline and core inflation has been unrelenting, with data post market close on Monday showing annual retail inflation remained above the Reserve Bank of India's (RBI) upper limit, easing only slightly from January's 6.52%.
-
Centre To Bring Retail Trade Policy For Brick And Mortar Traders
The government is working to bring a national retail trade policy for brick and mortar retail traders with an aim to promote ease of doing business, a senior official said today.
-
Probe Agency Alleges Pernod Ricard Violated Delhi's Liquor Policy To Boost Market Share
The Delhi government's policy prohibited manufacturers from participating in retail sales directly or indirectly and Pernod was "in contravention" as it effectively used bank guarantees to invest in retailers, said the documents.
-
RBI Likely To Opt For Small Rate HIkes As Inflation Eases: Report
RBI Policy: The RBI is likely to opt for a 35 basis points (bps) rate hike at its policy meeting in December, as inflation eased, analysts said.
-
Retail Inflation Eases To 6.77% In October, Lowest In 3 Months
Retail Inflation: Retail inflation lowest in 3 months, eases to 6.77% in October as compared to 7.41% in September.
