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Reserve Bank of India

Provide industry status to real estate sector

Before we dwell in 2009, it is pertinent to note that real estate sector witnessed phenomenal accelerated growth from 2005 to first quarter of FY 09, both in residential and commercial segments. The rationale for this spurt in demand...

Sensex breaches 11,000, recovers; Retail stocks form mixed bag

Green is the word that remained alien at Dalal Street, this Wednesday. The benchmark index Sensex continued to nosedive for the third day in a row. Nothing really seems to be working, neither RBI’s reduction of CRR nor Sebi’s...

No FDI: Expected decision at unexpected time

“Almost 97 per cent of the retail business is unorganised, and nothing will be done that can lead to job loss or have an adverse impact on those involved in this sector,” was a simple statement that Union Commerce...

Retail loans interest rates likely to rise

In a move to control inflation, the Reserve Bank of India (RBI) announced a 0.5 per cent hike in cash reserve ratio (CRR), whereupon interest rates on retail loans are expected to rise.According to an RBI release, it was...

Gems and jewellery exports in H1 up 21.5 pc: RBI

India's gems and jewellery exports have risen 21.5 per cent to $9.38 billion in the first six months of the current fiscal, as against $8.01 billion in the corresponding period last year. At a time when the Indian exporting...

IACC AGM warn of a tough 2008 for capital markets

The US sub-prime crisis was on everyone’s mind at the 38th annual general meeting (AGM) of Indo-American Chamber of Commerce (IACC). At the panel discussion, ‘Recent Global Developments – Impact on Indian Capital Markets,’ industry experts were certain that...

Allianz eyes retail banking sector

Allianz AG, German financial services behemoth, has planned to enter the Indian banking sector. The company has applied for banking license for retail and corporate sector, to the Reserve Bank of India.It has successfully set two insurance companies with...
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The Body Shop Partners with Indian actress Diana Penty

Through this partnership, The Body Shop seeks to broaden its consumer demographic and penetrate untapped markets across IndiaBengaluru: British-born...
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