Monetary Policy Review: RBI keeps rate unchanged; cut CRR by 25bps
NI Wire, Mon, 17 Sep 2012
In a move to fight against inflation, the Reserve bank of India (RBI) on Monday has kept the interest rate unchanged while
cut the cash reserve ratio (CRR) - the portion of deposits banks need to park with RBI on a fortnightly basis - by 25 basis
points (bps) to 4.50 percent in its latest monetary review on Monday...............
FDI in retail:Traders call for Bharat Bands on 20th September
NI Wire, Sun, 16 Sep 2012
To protest against the decision of the Union Government to allow FDI in Retail, the Confederation of All India Traders (CAIT) and Bharat Udyog Vyapar Mandal have called for a bharat Bandh on 20thSeptember, 2012
Govt revises GDP forecast to 8.2%; announces 12th Five Year plan
NI Wire, Sat, 15 Sep 2012
Prime Minister Dr. Manmohan Singh Saturday announced the 12th Five Year plan here at a Planning Commission meeting where he
revised the Gross Domestic Product (GDP) Growth Rate to 8.2% from earlier forecast of 9% stating that their objective is not
just growth of GDP, but the inclusive and sustainable growth of society including Dalits, tribals and backward classes...................
Govt revises GDP forecast to 8.2%; announces 12th Five Year plan
NI Wire, Sat, 15 Sep 2012
Prime Minister Dr. Manmohan Singh Saturday announced the 12th Five Year plan here at a Planning Commission meeting where he
revised the Gross Domestic Product (GDP) Growth Rate to 8.2% from earlier forecast of 9% stating that their objective is not
just growth of GDP, but the inclusive and sustainable growth of society including Dalits, tribals and backward classes...................
Cash rich PSUs to invest in infrastructure projects to boost growth
NI Wire, Tue, 11 Sep 2012
In a bid to pump slumping growth rate, government is planning to fuel it with extra money that will come from nine major
public sector undertakings (PSUs) that has a large cash reserves of Rs.1.80 lakh crore.......
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