An informal panel of ministers headed by Pawar recommended a 12% interest subsidy on Rs7,200-crore loans for sugar mills to pay cane farmers, restructuring of loans under RBI guidelines, doubling the mandatory blending of ethanol in petrol to 10% and a possibility to increase import duty on sugar
9.11 PM Dec 7th
and Exchange Board of India, FIIs invested Rs 100,577 crore ($18.07 billion) as of Thursday. On Friday, they invested an additional Rs 864 crore (provisional data). Of the total net inflow, about Rs 40,000 crore came in the last three months, following measures taken by the Reserve Bank of India (RBI) to boost
2.37 PM Dec 7th
Just another excuse for the Banks to fleece customers. They are already restricting us to rely on the ATM by not having convenient branch operation hours and the vendors are charging service fee when you try to use a credit/debit card which has to be corrected immediately. RBI should stop all banks
1.43 PM Dec 7th
plus and we are all ready to buy BHEL thinking that recovery is around the corner, capec cycle will pick up, govt will do wonders, rbi will reduce interest rates, etc etc. Friends... none of this will happen. Capex will remain at its lowest for the next 5 years. Modi or Congress- does not matter
11.19 AM Dec 7th
India without growth. High time RBI shifts its focus to growth from inflation. I am anticipating a surprise rate cut by RBI on 18th December and a huge rally in Nifty to 6700 . Very soon we will here prospects of 7000 on Nifty which is eventual in coming year.
10.41 PM Dec 6th
decisions of giving loans to people who will never pay and due to that we all have to bear the brunt in the name of security. Chidu and Rbi are once again proving costly for middle class people. Instead of coming hard on defaulters Chidu and banking system is hiding real facts and finding ways
10.21 PM Dec 6th
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