The government has proposed to set up the MPC, which will consist of representatives from the Finance Ministry and RBI, to decide on interest rate.
Posts tagged MC
Govt to soon decide Monetary Policy Committee structure:Das (05-10-2015)
HDFC Bank, Axis Bank, IndusInd Bank top picks: Emkay (05-10-2015)
Emkay has come out with its report on Banking Financial Services sector. According to the research firm, HDFC Bank, Axis Bank and IndusInd Bank are the top picks from the space.
World stocks lift Sensex 565pts, Nifty above 8100; banks up (05-10-2015)
Experts feel the market may cross 27000 level on the Sensex soon but getting above 28000-mark may depend on September quarter earnings that will kick off next week with Infosys.
Buy Divis Lab; target of Rs 1350: ICICIdirect (05-10-2015)
ICICIdirect.com has advised to buy Divis Laboratories at Rs 1115-1135 for the target price of Rs 1350 with a stop loss of Rs 1023, in its research report dated October 5, 2015.
‘There is no reason to not be bullish on this market’ (05-10-2015)
The Nifty crossing the 8,050 mark sustainably today has indicated something “structural” has changed in the market and traders should be long on both the Nifty and Bank Nifty, says technical analyst Sudarshan Sukhani of s2analytics.
Dr Reddys Lab – Domestic business on track: Sharekhan (05-10-2015)
Sharekhan has come out with its report on Dr Reddys Laboratories. The research firm is positive on the stock. Strong product pipeline gives clear future visibility, says the report .
Alstom bags Lucknow Metro contract worth Rs 1,100 crore (05-10-2015)
Alstom will supply 20 metropolis train sets, each composed of four metro cars. Each car will be fitted with air conditioning and a passenger information system for a high level of passenger comfort, it added.
Jet Airways cuts fares by up to 30% on overseas routes (05-10-2015)
These special fares are on offer for travel on board Jet Airways’ operated international flights to the destinations in the Gulf, South Asia and South-east Asia region, the US and Europe and Canada regions, the release said.
Indian tech, services mkt to touch $350 bn by 2025: Nasscom (05-10-2015)
The report, titled Perspective 2025: Shaping the Digital Revolution’, said the industry is “well on track” to grow from USD 132 billion in FY 2014-15 to USD 225 billion by 2020 and further touch USD 350 billion by 2025.
CREDAI moves CCI against cement firms (05-10-2015)
“To control the cost of construction and make home prices work for the common man, the Confederation of Real Estate Developer’s Associations of India (CREDAI) has moved the Competition Commission of India (CCI) against cement manufacturers who have been unduly increasing the cost of cement,” the association said in a statement.