NEWS TICKER
  • April 2013 Gross Bank Credit grows at 13.8%
  • April 2013 IIP grows at 2.3%
  • April core infra grows at 2.3%
  • April Fiscal Deficit at 17.3% of Actuals to FY14BEs
  • CRR of scheduled banks has been kept unchanged at 4.0 percent of their net demand and time liabilities (NDTL)
  • FY13 GDP grows at 5%
  • Large ECBs for Power in April 2013
  • March FDI decelerates by 81%
  • May 2013 CPI inflation at 9.31 %
  • May exports grows at around (-) 1%
  • Net direct tax collections rise by 6.44% in Apr-May 2013-14
  • Policy repo rate under the liquidity adjustment facility (LAF) has been reduced by 25 basis points from 7.50 per cent to 7.25 per cent
  • RBI maintains status quo
  • The reverse repo rate under the LAF, determined with a spread of 100 basis points below the repo rate, stands adjusted to 6.25per cent
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Mr. Suman Jyoti Khaitan


President
PHD Chamber of Commerce and industry
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