:: PHD CHAMBER ::

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