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February 2018
10:43 AM IST
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Business News
RBI keeps policy rate unchanged on inflationary concerns
 
(Mumbai, Feb 7, 2018): The Reserve Bank kept the key policy rate unchanged at 6 per cent for the third consecutive time today in view of firming inflation.

The Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel had last reduced the benchmark lending rate by 0.25 percentage points to 6 per cent last August, bringing it to a 6-year low.

In its December review, the MPC had kept the benchmark interest rate unchanged on concerns of a possible price rise but had left the door ajar for a rate cut in future.

Retail inflation crossed the RBI's comfort level and rose to 5.21 per cent in December on increase in prices of food items. The retail inflation, based on Consumer Price Index (CPI), was 4.88 per cent in November. In December 2015, it was 3.41 per cent.(PTI)


Gold slips on fall in demand, global cues
PNB fraud: Nirav Modi, Mehul Choksi's passport suspended; 50 more firms to be raided
Rupee gains 6 paise against dollar in opening trade
Sensex rises 196 pts, Nifty reclaims 10,600-mark
Re gains 14 P to trade at 2-week high in opening trade
Uber CEO aims to pare losses and get 'the love back'
Jewellery stocks take a hit after PNB fraud
Sensex rises over 200 points, Nifty near 10600
Trump slams India for high import tariffs on Harley-Davidson
PM woos investors at Oman-India business meeting
Sensex sheds 144 pts in late sell-off; bank stocks sink
Rupee gains 19 paise against dollar in opening trade
Sensex recovers 260 points, Nifty above 10,500-mark
Sensex drops below 34K, Nifty loses over 1.5% amid global fall
Rupee drops 13 paise against dollar at 64.39
Cola And Junk Food Advertisements Banned by Government on Cartoon Channels
Gold plunges by Rs 600 to below Rs 31,000 level
Rupee loses 10 paise against dollar in opening trade
Sensex recovers 168 points in early trade
Sensex down 69 pts as RBI keeps rate unchanged
KERALA NEWS
Private bus strike: KSRTC emerges winner, collects crores
 (Thiruvananthapuram, Feb 17, 2018, DG): KSRTC buses have brought in record collection as the  
Policeman found hanging
Shuhaib's murder: Six in police custody
Cracker factory accident at Pathanamthitta: 2 dead
INTERNATIONAL NEWS
Pakistan minor's killer gets four death sentences
 (Lahore, Feb 17, 2018):A Pakistan court on Saturday gave a 24-year-old man four death sentenc
FBI warned about Florida gunman but failed to act
Turkey seeks 18 years jail for German-Turkish journalist
Thailand decorates Myanmar's army chief amid Rohingya crisis
NATIONAL NEWS
AICC plenary from March 16
 (New Delhi, Feb 17, 2018):A plenary session of the AICC to ratify Rahul Gandhi’s election as
Indian Banks Association discusses PNB fraud
Former union minister Ponnusamy joins BJP
CBI arrests 2 PNB officials, searches Brady Road branch
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