Ganeshram Jayaraman of Spark Capital Advisors is bullish on auto companies â€” both two- and four-wheeler names, discretionary consumption names and financials
India is looking at "some other" steps to curb gold import which has led to widening of the Current Account Deficit, Finance Minister P Chidambaram has said. "We are looking at some other steps to moderate the import of gold," he said in an interview to a leading newspaper.
The Reserve Bank of India (RBI) asked banks to frame transparent policy on interest rates of deposit schemes. This move is aimed at safeguarding retail depositors from any discrimination that may arise between retail and bulk deposit (i.e. deposit amount is above Rs 15 lakh) schemes.
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