Browsing Tag

market

Rajan surprises, RBI hikes Repo Rate

In a very surprising move, which rattled the India Inc., RBI Governor Raghuram Rajan has announced a hike of 25 basis points in the repo rate, making things difficult for the banks. The decision triggered an immediate fall in the market and…

US Fed Impact: Rupee on a High, Sensex Soars

After a surprising decision by the US Federal Reserve, which decided to continue buying bonds at the current rate of USD 85 billion a month for now instead of announcing a $10-15 billion reduction to its asset purchase programme, the Indian…

Car Sales in India rise in August 2013

For the first time in 10 months, the car sales have shown a rise in India in August 2013. There is a jump of 15.4 per cent in the overall sale as compared to the corresponding period last year. In total, car makers have managed to sell…