Rbi Governor D Subbarao

Exide Industries | CMC | Advanta India | Crompton Greaves | MphasiS | Sandur Manganese | Jet Airways | Atul Auto and Tata Motors are stocks, which are in the news today.

Shift in food habit in rural areas fuelling inflation: RBI

Impressive rise in rural incomes is fuelling food inflation as people's dietary habits are changing for the better and increasing consumption, RBI Governor D Subbarao said today.

RBI rate cuts to depend on inflation scene: Rangarajan

Ahead of the Reserve Bank's review of monetary policy on March 19, Prime Minister's Economic Advisory Council (PMEAC) Chairman C Rangarajan today said policy rate cuts by the central bank will depend on inflation movement, among other factors.

Double-digit growth without reforms dangerous: Moody's

Moody's has cautioned the government against targeting double-digit GDP expansion saying any growth beyond 7 per cent without reforms will fuel inflation that will result in "more painful" future adjustments.

Govt's reforms push will help return to high growth: RBI

Supporting the government's recent reform push, Reserve Bank today said measures like opening up the FDI in some sectors and moves towards fuel price deregulation should put the economy back on the high growth trajectory and spur investment inflows.

RBI cuts policy rates by 0.25% to perk up growth

Shedding its 9-month long hawkish monetary policy stance, the Reserve Bank today slashed its key interest rates by 0.25 per cent and released Rs 18,000 crore additional liquidity into the system to perk up growth through reduced cost of borrowing.

Diesel price hikes to add 120 bp to FY'14 inflation

The government move to allow hike in diesel prices is likely to add 120 basis points to inflation, which is expected to be in the 7-7.5 per cent range in the March quarter, a Bank of America Merrill Lynch report said.

Rupee weak on equities, euro fall

Rupee weak on equities, euro fall

RBI Central Board reviews economic scenario

Ahead of the monetary policy review later this month, the Central Board of Reserve Bank today met to discuss the key economic and financial developments.

RBI will issue bank licenses, but not anytime soon: E&Y

Ashvin Parekh, partner and global leader, Financial Services, Ernst & Young said that the RBI is not in a rush to issue bank licenses; however, it will come up with the guidelines soon.

Banking growth runs parallel with economic growth: Bankers

The RBI governor D Subbarao today hinted the new bank license rules may allow corporates to promote banks. Naina Lal Kidwai, group general manager and country head of HSBC India, SBI chairman Pratip Chaudhuri Chairman and Chanda Kochhar, managing director and CEO of ICICI Bank shared their views with CNBC-TV18 on this issue.

2G case: Behura drags RBI governor's name in court

Jailed former Telecom Secretary Siddhartha Behura today dragged RBI Governor D Subbarao in the 2G case accusing him of not revising the spectrum licence fee and claimed he had no role to play except implementing the government's policy.

Will RBI pause or raise policy rates?

Industrial growth is slowing and so is inflation. In circumstances like these should the RBI pause or does it need to raise rates yet again on March 17? CNBC-TV18's Gopika Gopakumar and Vidhi Godiawalla find out what bankers and economists are expecting.

Banks should reduce interest margin: RBI governor

RBI Governor D Subbarao said that implementing Basel-III norms will be a major challenge for him. Since he is aware of the fact that current interest rate policy may hamper the growth of the market even further, he feels that banks need to reduce interest margin to improve efficiency, which is another big challenge.