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Kamath sees no change in interest rates

"At this point of time I think no change in interest rate is seen,” said KV Kamath, CEO, ICICI Bank

European Central Bank keeps interest rates at 4%

The European Central Bank kept benchmark interest rates unchanged at 4.0%, as expected, as policymakers weigh the risk of high inflation against concerns about euro zone economic growth.

Confident of taming inflation in coming months, says PM

Prime Minister Manmohan Singh said the UPA government was committed to tame inflation in the coming months and has made strenous efforts to shield the poor and the vulnerable from it.

UPA govt delivered stellar performance: Prime Minister

The UPA government has delivered an outstanding growth that has touched every section of the society, the PM Manmohan Singh said.

RBI relaxes lending norms for core projects

To encourage banks to earmark more funds to infrastructure sector projects at competitive rates, the RBI relaxed the lending norms for such projects.

Cement producers assure government of price cut

After prevailing upon steel producers to reduce prices, the government got assurance from cement producers also that they would substantially cut prices voluntarily.

Bengal to get cable landing station

The DoT has given its approval to set up a cable-landing station at Digha in West Bengal for the Rs 1600-crore submarine cable-laying project between India and South-east Asia.

Re fall due to global factors: Reddy

With rupee falling to a one year low in the past three days, RBI Governor YV Reddy said the situation is reflective of the “global uncertainities”.

States powerplay with boilers short-circuits capacity addition

'There would be no solution to the power sector problems unless you solve the administrative problems that are creating roadblocks in the whole process.'

Centre’s draft marginal field policy provides slew of sops

The petroleum ministry has recommended a slew of sops for exploration of marginal fields to be hired out from the stock available with state-run ONGC and OIL.

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Edit & Column

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International

Inflation back after years of quiescence

Democrats reassure EU over stance on Doha talks

Economy

Kamath sees no change in interest rates

European Central Bank keeps interest rates at 4%

FE Insight

India Inc: all may not be well, but growth story is still intact

‘Investors should check credentials of the fund house before investing in REMFs’

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Birla Corporation turnover up

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Ailing sugar co-ops in AP get Rs 270 cr from Centre

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