RBI to up repo rate 25 bps on inflation: Morgan Stanley
Mumbai: As inflation continues to hover above its comfort zone, the Reserve Bank is likely to increase the short-term lending or repo rate by another 25 basis in the monetary policy review due next week, American brokerage Morgan Stanley has said.
‘LIC to increase equity investment this fiscal’
Mumbai: LIC is likely to cross its initial investment target of Rs 40,000 crore in equities this fiscal following positive market sentiment, LIC chairman S K Roy said.
GM launches all new Chevrolet Cruze
New Delhi: General Motors India has launched the all-new version of its sedan Chevrolet Cruze priced up to Rs 16.15 lakh. pti