After petrol and diesel, now non-subsidised LPG rates reduced by Rs 25.50

Last Updated: Tuesday, September 1, 2015, 12:33

Henceforth, non-subsidised LPG cylinder will come at Rs 585, the slashed rates will be effective from tomorrow.

Slower-than-expected April-June growth boosts rate cut calls

Last Updated: Tuesday, September 1, 2015, 09:03

Many government officials in New Delhi had been talking of taking the baton of global growth in the wake of a deepening economic crisis in China.

Post GDP data, India Inc presses for cheaper capital

Last Updated: Monday, August 31, 2015, 22:55

With economic growth slowing to 7 percent in the April-June quarter, India Inc said on Monday the subdued performance indicates that the cost of capital needs to come down, demanding a rate cut by RBI.

Petrol price cut by Rs 2 per litre; diesel by Rs 0.50

Last Updated: Monday, August 31, 2015, 21:58

Petrol price was Monday cut by Rs 2 per litre and diesel by Rs 0.50 a litre, the third reduction in rates this month on fall in global oil rates.

HDFC Bank cuts base rate by 0.35% to 9.35%; lowest in industry

Last Updated: Monday, August 31, 2015, 19:21

After repeated chiding by RBI chief Raghuram Rajan on banks not passing rate cut benefits to consumers, HDFC Bank Monday lowered its base lending rate by 0.35 to 9.35 -- the lowest in the industry.

Petrol price cut by Rs 2/litre, diesel by 0.50 paise

Last Updated: Monday, August 31, 2015, 18:56

Will the cut in the prices, petrol will now cost Rs 61.20 a litre in Delhi while diesel will cost Rs 44.45 a litre.

HDFC Bank slashes base rate by 0.35%, loans to be cheaper

Last Updated: Monday, August 31, 2015, 16:56

Private sector HDFC Bank on Monday cut the base rate by 0.35 percent to 9.35 percent from the existing 9.70 percent, thereby making loans from the bank cheaper.

Hope RBI takes note of low inflation, oil prices: FM Jaitley

Last Updated: Monday, August 31, 2015, 13:23

In a scenario where inflation is under control, the quantum of interest rate cut is "the prerogative of the RBI", he said.

Petrol, diesel prices may be slashed today

Last Updated: Monday, August 31, 2015, 12:48

The oil marketing companies had revised the prices on August 15. Petrol was made cheaper by Rs 1.27 and diesel by Rs 1.17 per litre in the NCR.

Rajan hints at rate cut, inflation down quicker than expected

Last Updated: Sunday, August 30, 2015, 14:46

"We are on a phase of accommodation. We are still in that phase. We are looking at the data to see what more room we have," Rajan said.

RBI chief Raghuram Rajan hints at fourth rate cut this year

Last Updated: Saturday, August 29, 2015, 14:21

Hinting at the fourth interest rate cut this year, RBI Governor Raghuram Rajan has said he is not done with lowering rates and the central problem for the entire world remains slowing economic growth.