RBI likely to cut interest rates in September policy meet
There is a better than even chance that the Reserve Bank of India (RBI) will cut interest rates at its policy meeting on September 29 thanks to inflation striking a record low, according to a Reuters poll, marking a shift in expectations from earlier. The median from survey of 21 economists showed... read more »
Vodafone India to launch 4G services by 2015 end
NEW DELHI: Vodafone India today said it will launch its fourth-generation (4G) mobile telephony services by 2015-end, an announcement that comes days after market leader Airtel rolled out its own. The rollout will match the upcoming 4G commercial launch by Reliance Jio. “Important data... read more »
Modi wants Posco to stay in India, PMO to take up issue with company offici...
The Prime Minister’s Office is likely to take up the issue of steel giant Posco’s proposed $10.5-billion integrated steel plant in Jagatsinghpur with the Odisha government and the company officials today. The PMO has called a meeting, which will be attended by the Cabinet Secretary,... read more »
Onion prices fall below Rs 50/kg at Lasalgaon on export curbs
New Delhi: Wholesale prices of onion today fell below the Rs 50 per kg mark at the Lasalgaon in Maharashtra, Asia’s biggest onion market, due to curbs on exports and fear of action against hoarding. Even at Azadpur mandi in Delhi, wholesale onion price declined by Rs 3-5 per kg to Rs 53 today... read more »
