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Wednesday, August 7, 2019

RBI accepts slowdown, goes for 35 bps cut

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Wed, Aug 07, 2019 | 04:36 PM IST

Daily Newsletter

RBI accepts slowdown, goes for 35 bps cut

RBI had cut the policy rate by 75 basis points prior to this review.

SBI takes a cue from RBI, cuts MCLR by 15 bps across all tenors

The 1 Year MCLR would come down to 8.25% p.a from 8.40% p.a. with effect from 10th Aug 2019....

Banks get the gamechanger they were waiting for

The participants in RBI's payment system will be given access to this registry for fraud monitoring that is likely to...

Now verify your ITR without login to your e-filing account

It is mandatory for the taxpayer to verify ITR within 120 days of filing the tax return.

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A 35 bps cut denotes RBI is not panicking A 35 bps cut denotes RBI is not panicking...
Abheek Barua, HDFC Bank
Market Watch 7 Aug | 04:36PM|
SENSEX NIFTY USD/INR GOLD
36690.50
-286.35
10855.50
-92.75
70.89
0.05
37773.00
276.00
MARKET NEWS
Jhunjhunwala's Rs 6,500 crore stock bet just saw brokers cut price targets

The Big Bull's holding on the counter has remained unchanged since June quarter of 2018. ...

Asian central banks surprise with cuts in race to monetary bottom

NZ and India led with bigger-than-expected cuts, while Thailand's 25-bp reduction was a surprise....

Gainers Losers 7 Aug, 2019, 04:36PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
Central Bank of India 20.05 15.23 408214 20.6 18.35
ITI 80.90 5.48 165075 83.5 76.7
Astrazeneca Pharma India 1956.20 5.36 6526 1985.0 1860.55
Ashoka Buildcon 126.80 5.01 13508 128.0 120.1
Great Eastern Shipping Company 236.75 4.97 4153 239.95 224.75
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