The Reserve Bank of India (RBI), the country’s central bank, has reduced the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 8.0 per cent to 7.75 per cent with immediate effect. Consequently, ...
Tags: liquidity adjustment facility, banking system, Textile
13 million shoppers across the UK will spend £1,280 million on Saturday, December 21st, says CRR British consumer spending is set to reach £2.24 million per minute on Panic Saturday, according to a study by VoucherCodes.co.uk ...
Tags: Toys, Christmas Toys
Chairman AEPC Dr A Sakthivel, on behalf of the garment & textiles industry has expressed disappointment over the increasing the repo rate. In a statement made, Chairman Dr. Sakthivel stated that, “The availability of capital is ...
Tags: AEPC Chief, Apparel
Dr. A Sakthivel, Chairman AEPC, on behalf of the entire garment and textiles industry has welcomed the RBI third quarter review of monetary policy 2012-13. In his statement Dr Sakthivel said, “The lowering of the policy repo rate ...
Tags: Chairman AEPC, garment and textiles industry, RBI, CRR
RBI Governor Dr. D.Subba Rao released the Third-Quarter Monetary Policy 2012-2013 announcing the RBI decision to reduce the Repo Rate (Short-term lending to banks) by 25 basis points from 8.00% to 7.75% and also Cash Reserve Ratio (CRR) ...
Tags: TEA, RBI, Tirupur knitwear
M Rajkumar N Dhoot President of ASSOCHAM said that as the inflation is at its 10 month low, it is time the Reserve Bank of India took measures to ensure that the interest rates are reduced irrespective of tools it may choose to use. Mr ...
Tags: Metallurgy, Mineral, Energy, bank
Commenting on the RBI decision to maintain status quo on CRR and policy rates,Ms Naina Lal Kidwai President of FICCI said that"While disappointing,the status quo is as was widely expected.The recent moderation in inflation ...
Entering in the penultimate year before the general elections in 2014 aspirations are soaring high about an imminent policy push by the government to kindle growth and demand in economy. Even the year is expected to end on a dour note ...
Tags: penultimate year, economy, India, Steel
Axis and StopLift are working together to provide systems to detect scan avoidance at self-service checkout tills in supermarkets this Christmas Axis Communications is working with StopLift, a point of sale (POS) analytics ...
Tags: Self service checkout, Christmas, shopping period, checkout
RBI in its Mid-Quarter Monetary Policy Review: December 2012, made no significant changes today, with cash reserve ratio (CRR) of scheduled banks unchanged at 4.25 per Cent. Consequently, the reverse repo rate under the LAF unchanged at 7.0 ...
Tags: significant changes, marginal standing facility, garment Industry
Curtains were drawn on the steel specter in Chinese steel market on Monday with sparkling recovery in both long and flat market. After nearly month long rummaging price improved by 1% bringing to passé the built of optimism in ...
Tags: steel, Chinese steel market, steel industry, auto sales
CII is deeply concerned with the continuing decline in GDP growth in the Q2 of the current fiscal driven by the poor performance of the manufacturing and agriculture sectors. At 5.3%, the Q2 GDP growth is very disappointing. Reviving the ...
Tags: indian tourism, order indian food, iron ore price news, india news
Reserve Bank of India released second Quarter Review of Monetary Policy 2012-13 and leaves Repo Rate and Reverse Repo Rate unchanged at 8% and 7% respectively while reducing the Cash Reserve Ratio (CRR) by 25 basis points with an intension ...
Tags: TEA, RBI, Monetary Policy 2012-13, garment exporting sector
Dr. A Sakthivel Chairman Apparel Export Promotion Council (AEPC), reacting to the RBI mid quarterly review of its monetary policy stated that, “We are not happy with the non reduction of repo rate in quarterly review. “The ...
Tags: AEPC, RBI, monetary policy, CRR
Reserve Bank of India(RBI)released Mid-Quarter Monetary Policy Review:September 2012 and reduced only the Cash Reserve Ratio(CRR)by 25 basis points and kept other key policy rates Repo Rate and Reverse Repo Rate unchanged. While giving ...
Tags: RBI, Mid-Quarter Monetary Policy Review, knitwear exporters