Wednesday, 31 December 2014

Get Accurate Free Equity Trading Tips News

Industry may be clamouring for rate cuts and Finance Minister Arun Jaitley may have pointed to the cost of capital as one of the culprits responsible for low growth in manufacturing but the Reserve Bank's latest Financial Stability Report indicates that interest rate cuts might not be imminent. 

In the report released on Monday, RBI has said, "latest projections suggest that CPI (Consumer Price Index) inflation over the next 12 months may hover around 6% if the international crude prices remain around the current levels and the monsoon next year turns out to be normal" 

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  1. SBI sells 3.9% stake in life insurance arm for Rs 1,794 cr

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