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Raghuram Rajan speaks during a news conference on the World Economy Outlook in Singapore September 14, 2006.

Raghuram Rajan Hikes Key Rates: Full Text of RBI's Mid-Quarter Monetary Policy Review

Reserve Bank of India Governor Raghuram Rajan, who took over as head of the apex bank on 4 September amid the economic crisis and abnormal dip in the rupee's value against the US dollar, released his first monetary policy review on Friday. Here is full text of RBI's Mid-Quarter Monetary Policy Review, September 2013.

Sep 20, 2013

BSE closes points 663.39 up on September 19

New Delhi, September 19 (ANI): Trading at the Bombay Stock Exchange today closed 663.39 points up to stand at 20625.55. At the National Stock Exchange the Nifty closed 208.40 points up to stand at 6107.85. YES Bank Ltd. and Indian Bank were among the top gainers of Group A with an increase of 23.24% and 12.82% along with Reliance Communications Ltd. and Union Bank with an increase of 12.04% and 11.21% respectively, while the top losers of Group A include Gitanjali Gems and Wipro with a decrease of 4.68% and 2.14% along with Mphasis and Shriram City University with a decrease of 2.02% and 1.98% at the close of the markets. The Auto sector is up 310.69 points at 11,377.94 while the banking sector is up 809.27 points at 12,701.31 and the realty sector is up 69.53 points at 1,376.72. The Indian currency is up 2.38% at Rs 61.87 per dollar.

Sep 19, 2013

BSE closes points 197.81 up on September 18

New Delhi, September 18 (ANI): Trading at the Bombay Stock Exchange today closed 197.81 points up to stand at 20001.84. At the National Stock Exchange the Nifty closed 49.25 points up to stand at 5899.45. Financial Technologies and YES Bank Ltd. were among the top gainers of Group A with an increase of 6.97% and 5.80% along with Emami Ltd. and Wockhardt Ltd. with an increase of 5.01% and 5.00% respectively, while the top losers of Group A include MCX and Muthoot Finance with a decrease of 7.57% and 6.85% along with BHEL and Jet Air India with a decrease of 4.43% and 2.92% at the close of the markets. The Auto sector is up 17.01 points at 11,077.80 while the banking sector is up 210.72 points at 11,920.11 and the realty sector is up 29.71 points at 1,310.92. The Indian currency is up 0.36% at Rs 63.14 per dollar.

Sep 18, 2013

BSE closes points 66.19 up on September 17

New Delhi, Sep 17 (ANI): Trading at the Bombay Stock Exchange today closed 66.19 points up to stand at 19808.66. At the National Stock Exchange the Nifty closed 9.65 points up to stand at 5,850.20.

Sep 17, 2013

BSE closes points 9.17 up on September 16

New Delhi, September 16 (ANI): Trading at the Bombay Stock Exchange today closed 9.71 points up to stand at 19,742.47.

Sep 16, 2013

BSE closes points 49.12 down on September 13

New Delhi, September 13 (ANI): Trading at the Bombay Stock Exchange today closed 49.12 points down to stand at 19,732.76. At the National Stock Exchange the Nifty closed 0.10 points down to stand at 5,850.60. JPPOWER and NHPC were among the top gainers of Group A with an increase of 8.03% and 6.50% along with Gujarat Mineral Development Corporation Ltd. and Oriental Bank with an increase of 6.37% and 6.10% respectively, while the top losers of Group A include Financial Technologies (India) Ltd. and Shriram City Union Finance Ltd. with a decrease of 8.37% and 3.80% along with Pipavav Defence and Wipro with a decrease 3.62% and 3.61% at the close of the markets. The Auto sector is up 92.38 points at 10,942.01 while the banking sector is up 14.91 points at 11,589.03 and the realty sector is up 34.97 points at 1,318.32. The Indian currency is down 0.34% at Rs 63.72 per dollar.

Sep 13, 2013

UFO Spotted Over Baseball Game in Canada a Hoax

The unidentified flying object (UFO), which was spotted hovering above a baseball stadium in Canada, has turned out to be a hoax.

Sep 13, 2013

BSE closes points 211.82 down on September 12

New Delhi, September 12 (ANI): Trading at the Bombay Stock Exchange today closed 211.82 points down to stand at 19,785.63. At the National Stock Exchange the Nifty closed 62.45 points down to stand at 5,850.70. Financial Technologies (India) Ltd. and TV 18 Broadcast were among the top gainers of Group A with an increase of 18.03% and 15.38% along with Tata Communications Ltd. and MCX with an increase of 6.07% and 4.99% respectively, while the top losers of Group A include Jaiprakash Associates Ltd. and Siemens with a decrease of 11.87% and 8.22% along with Yes Bank and Jaypee Infratech Ltd with a decrease 7.43% and 6.39% at the close of the markets. The Auto sector is down 210.10 points at 10,848.24 while the banking sector is down 213.40 points at 11,579.48 and the realty sector is up 3.96 points at 1,280.39. The Indian currency is down 0.48% at Rs 63.69 per dollar.

Sep 12, 2013

BSE closes points 0.35 up on September 11

New Delhi, September 11 (ANI): Trading at the Bombay Stock Exchange today closed 0.35 points up to stand at 19,997.45. At the National Stock Exchange the Nifty closed 16.40 points up to stand at 5,913.15. Financial Technologies (India) Ltd. and IRB Infrastructure Developers Ltd. were among the top gainers of Group A with an increase of 27.28% and 14.22% along with Bank of India and UCO Bank with an increase of 10.46% and 10.32% respectively, while the top losers of Group A include Power Grid Corp and Bajaj Holdings with a decrease of 3.18% and 2.72% along with Cairn India and Tata Motors with a decrease 2.66% and 2.49% at the close of the markets. The Auto sector is up 10.29 points at 11,049.85 while the banking sector is up 208.45 points at 11,769.38 and the realty sector is up 36.00 points at 1,278.44. The Indian currency is up 0.56% at Rs 63.49 per dollar.

Sep 11, 2013

Sensex Surges Over 700 Points; Auto, Capital Goods Shares Rally

Indian stock markets surged for the fourth straight session on Tuesday, with Sensex surging more than 700 points and the Nifty closing above 5800 level, helped by a rally from auto, capital goods and FMCG sector shares.

Sep 10, 2013

BSE closes points 707.56 up on September 10

New Delhi, September 10 (ANI): Trading at the Bombay Stock Exchange today closed 707.56 points up to stand at 19,977.62. At the National Stock Exchange the Nifty closed 216.35 points up to stand at 5,896.75. Wockhardt and ABB LTD were among the top gainers of Group A with an increase of 20.00% and 16.17% along with JPPOWER and Glaxosmithkline Consumer Healthcare Ltd. with an increase of 11.94% and 10.20% respectively, while the top losers of Group A include Indian Oil Corporation Ltd. and MCX with a decrease of 3.97% and 2.81% along with NMDC and IPCA Lab with a decrease 1.88% and 1.87% at the close of the markets. The Auto sector is up 643.31 points at 11,059.63 while the banking sector is up 197.19 points at 11,530.63 and the realty sector is up 28.91 points at 1,240.09. The Indian currency is up 1.38% at Rs 64.34 per dollar.

Sep 10, 2013