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  Business   Economy  01 Aug 2018

Business, Economy, 01 Aug 2018

RBI pegs retail inflation at 4.8 per cent for second half of FY 2019

Retail inflation has been projected to rise further to 5 per cent in the first quarter of next financial year 2019-20.

01 Aug 2018 4:13 PM

LIC-IDBI Bank deal gets clearance from Cabinet

The LIC-IDBI deal has been approved, after the meeting of Union Cabinet, chaired by Prime Minister Narendra Modi.

01 Aug 2018 4:05 PM

RBI retains GDP growth forecast at 7.4 per cent for FY'19

Central has also projected the GDP growth for first quarter of the next financial year at 2019-20 at 7.5 per cent.

01 Aug 2018 3:29 PM

RBI hikes repo rate by 25 bps to 6.5 pc after its 3rd bi-monthly MPC meet

Reserve Bank of India has hiked the repo rate for the second consecutive month.

01 Aug 2018 2:43 PM

Mfg sector activity eases in July amid softer increase in output: PMI

This is the 12th consecutive month that the manufacturing PMI remained above the 50-point mark.

01 Aug 2018 11:22 AM

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US-China trade dispute likely to escalate, impact global growth

Trade restrictions are expected to cut about 0.25 percentage points off US' real GDP growth in 2019.

01 Aug 2018 8:51 AM

RBI in a tight spot, is expected to raise rates again

In June, repo rate was raised for the first time in over four years, by 25 basis points to 6.25 per cent.

01 Aug 2018 8:33 AM

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