News of Myfaridabad Forum

The government has extended the last day of filing income tax (I-T) returns to August 5.



Wed, 31 Jul 2013 08:43:34 GMT
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Private sector lender YES Bank has raised its lending and fixed deposit rates, a day after the Reserve Bank of India (RBI) maintained its status quo on key interest rates.



Wed, 31 Jul 2013 08:00:38 GMT
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The bank also lowered the GDP growth projection for the current fiscal to 5.5 per cent from 5.7 per cent, adding that the external sector is the "biggest threat" to economic stability.



Tue, 30 Jul 2013 06:33:57 GMT
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Weighed down by a weak rupee, Reserve Bank on Tuesday chose to keep all key interest rates unchanged and asked the govt to take urgent steps to reign in the high current account deficit.



Tue, 30 Jul 2013 05:44:24 GMT
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The bank also lowered the GDP growth projection for the current fiscal to 5.5 per cent from 5.7 per cent, adding that the external sector is the "biggest threat" to economic stability.



Tue, 30 Jul 2013 06:33:57 GMT
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Maintainting the status quo, the Reserve Bank of India kept the key rates unchanged.



Tue, 30 Jul 2013 05:44:24 GMT
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The Reserve Bank of India's policy focus has shifted to stabilising the weakening rupee, which dipped to a record low of 61.21 on July 8. Subbarao is not likely to meet India Inc's demand for reducing interest rates.



Tue, 30 Jul 2013 03:13:18 GMT
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Faced with an unstable rupee, elevated retail inflation and uncertain global economic conditions, the Reserve Bank on Monday said it will follow a cautious monetary stance, with focus on stabilising the domestic currency and containing the current account deficit.



Mon, 29 Jul 2013 15:12:49 GMT
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Sun, 28 Jul 2013 18:30:00 GMT
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