"ICRA has given a stable outlook for the port sector, in its year-end assessment. The prospects for the Indian port sector players in the medium term are expected to be favourable, supported by continuing healthy growth in cargo of major volume drivers - Coal, Crude and Containers," the rating agency said in a statement.
While the stance and rate action was expected, what was unexpected was the clear communication from both the Governor and the deputy Governor on liquidity measures and future rate stance.
Ahead of the OPEC meeting on December 6, the crude oil prices surged on expectations of supply cuts by the oil cartel.
Students have received 13 international offers so far
the decision to maintain rates is consistent with what the MPC has been doing so far, since moving to the flexible inflation-targeting framework.
Brent crude, the international benchmark, was trading 0.32 percent lower at $61.88 per barrel December 5.
One of the key developments from the credit policy is the new guideline of benchmarking retail loans to an external benchmark.
The decision to maintain rates is consistent with what the monetary policy committee has been doing so far since the move to the flexible inflation-targeting framework.
The central bank's Monetary Policy Committee (MPC) held the repo rate at 6.5 percent.
The monetary policy committee today kept the benchmark repo rate unchanged at 6.50 percent
The GDP growth slowed to 7.1 percent in Q2FY19 after four consecutive quarters of acceleration
Telecom Ministry is currently awaiting the views of Law Ministry on in-flight connectivity rules and is hopeful of notifying the norms soon thereafter, Sinha said.
He was speaking at a programme organised here by the department with an objective to reaching out to tax-payers.
The Indian crop season is classified into two main periods -- kharif (July–October) and rabi (October-March).a, who assumed the additional charge of the ministry mid-last month following the demise of his ministerial colleague Ananth Kumar, was briefing reporters about the availability of fertiliser stock for the rabi season.
However, the administration is yet to take a call on allowing import of fish though it had indicated that fish from neighbouring Karnataka and Maharashtra might be allowed to help small-time fishermen.
Investors had initially welcomed the truce that the administration said was reached over the weekend in Argentina between Presidents Donald Trump and Xi Jinping.
Two Germans, one American and a Panamanian attorney were charged with conspiracy and other counts.
The seasonally adjusted Nikkei India Services Business Activity Index rose to a four-month high of 53.7 in November, from 52.2 in October, as firms highlighted factors such as favourable market conditions and sales growth that boosted activity.
It had undertaken various interventions to boost the production of pulses and oilseeds during the last four and a half years to achieve self-sufficiency in the country, a release from the ministry said.
While a sharp drop in oil prices should help the slowing economy and the rupee, concerns will also persist over sluggish domestic demand which weighed more heavily on July-September growth than expected.
The factors that will influence the pause could be CPI inflation coming in below the RBI’s target, the recent decline in crude oil prices, and the rupee's recent appreciation
During the first three days of the placement, students got 680 jobs at IIT Madras, compared to 526 last year
The MPCs commentary on the interest rate, outlook on the policy stance and liquidity will be keenly watched by the market, as the committee is expected to maintain status quo on interest rates.
M Saraswathy gets in conversation with Moneycontrol's Prince Thomas to discuss the reasons for discontinuing complimentary meals, the turn around plan for Jet Airways in the wake of financial crisis and much more.
Forex traders said the dollar strengthening against major global currencies overseas and losses in the domestic equity market also weighed on the local unit.