The Monetary Policy Committee (MPC) on Wednesday maintained status quo on repo rates at 6%, largely in line with market expectations. The RBI also maintained its GVA growth guidance at 6.7% although it increased its inflation forecast higher by 10 basis Read more [...]

In a late week development, Infosys announced the appointment of Mr. Salil Parekh as the new MD & CEO of Infosys. The top job was being temporarily held by acting CEO Pravin Rao, who will not go back to his old role of COO of the company. It may be Read more [...]

Major News Item Impact Analysis     Ø  GDP growth for Sep-17 quarter comes in higher at 6.3% and GVA at 6.1% Ø  This marks a sharp improvement in GDP compared to just 5.7% growth recorded in the June quarter Ø  The Read more [...]

The GDP growth for the quarter ended September came in relatively higher at 6.3% compared to 5.7% in the June quarter. The GVA (gross value added) excluding the impact of taxes and subsidies, grew at 6.1%. Farm growth remained extremely muted at 1.7% Read more [...]