RBI to up repo rate 25 bps on inflation: Morgan Stanley

Oct 25 2013, 03:43 IST
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SummaryGeneral Motors India has launched the all-new version of its sedan Chevrolet Cruze.

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.

ĎLIC to increase equity investment this fiscalí

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

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