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RBI cuts Repo rate by 25 BPS to 6 percent

RBI cuts Repo rate by 25 BPS to 6 percent

The First Bi-Monthly policy held on April 4, 2019, by the Monetary Policy Committee (MPC) of the Reserve Bank of India cut the repo rate under the Liquidity Adjustment Facility...
The Cabinet okays a Rs 10,000 Crore futuristic revamp of three major railway stations.

Rail Vikas Nigam Limited (RVNL) IPO Research Note should you subscribe?

Rail Vikas Limited (RVNL) has come up with an IPO at price band of Rs. 17- Rs. 19. RVNL is a wholly owned government entity under the Ministry of Railway....
L&T Fin Q2FY24 results updates

L&T’s construction and engineering arm bags multiple contracts

Larsen & Toubro had reported acquiring the water and effluent treatment by its construction arm on March 5, 2019. They have further acquired more projects through multiple contracts. The water...
Mstc makes tepid debut on D street

MSTC makes tepid debut on D street

State-owned Miniratna I MSTC got listed on BSE and NSE on 29th March 2019. The company got listed at a discount of 7.5% at Rs. 111 from its issue price...
Former ILFS directors under scanner for money laundering

Former IL&FS directors under scanner for money laundering

The Enforcement Directorate(ED), in February, 2019 made a foray at multiple locations in Mumbai, Delhi and Gurugram regarding the financial irregularities of Infrastructure Leasing & Financial Services(IL&FS). IL&FS CFO Maharudra...
Auto insurance

Mahindra XUV300 takes on the rivals. How does it fare

Buying a car today is a battle. When you buy a car, you keep various things in mind. The first thing that comes to your mind is the budget, which...
Muthoot Finance's net profit at Rs. 802 Cr.

This Akshay Tritiya are you investing in Gold or real estate?

Primarily each one of us ensures that we develop our skill sets, work hard so as to earn more. Secondly, it's about investing this hard-earned income for future gains, benefits....
Factory and Industrial Output Face Slowdowns

Factory and Industrial Output Face Slowdowns

Owing to the recent spike in food and oil prices, India’s factory growth slowed down and retail inflation saw a rise. Retail inflation rose from 2.05% last month to a...
Equity Right

RBI to force banks to cut interest rates

The Central Bank stated that they will soon get banks to cut the interest rates, the lending rates to the borrower. The reason for this action was blamed on the...
Banks' risky bet on unsecured loans

Three more Banks out of RBI's PCA framework

On 26th February 2019, board for Financial Supervision (BFS) held a meeting to analyze the performance of Allahabad Bank, Dhanalaxmi Bank, and Corporation Bank. The BFS observed that Government of...