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It will also be the first policy to be announced under MPC, where the decision-making on rates will shift to the six-member panel which has equal representation from RBI and the government.

Scope for 50 bps rate cut by April: BoFA

The 'dovish' RBI MPC minutes released last week, signal towards a more accommodative policy stance in the coming months.

24 Oct 2016 1:38 PM IST

The company also missed its own guidance of USD 1,931-1,950 million for July-September at the beginning of the quarter.

Wipro shares slip over 4 per cent, post earnings data

The company's net profit stood at Rs 2,070.4 crore in the quarter under review, down from Rs 2,241 crore in the year-ago...

24 Oct 2016 1:33 PM IST

The Honda WR-V will come powered by the 1.2-litre petrol engine developing 90 PS of peak power and the 1.5-litre diesel motor delivering 100 PS.

Honda teases WR-V compact SUV in digital sketch

The WR-V will also make its debut at the Sao Paulo International Motor Show in Brazil between November 10 and 20, 2016.

24 Oct 2016 1:05 PM IST

SoftBank said it signed an agreement with a fund run by the government of Saudi Arabia and other investors, so the amount of money committed could grow.

SoftBank may pump in up to Rs 2,000 crore in Ola

Ola's fund-raising comes at a time when Uber is stepping up its investment in India.

24 Oct 2016 1:02 PM IST

the Hero Xtreme 200S, Hero MotoCorp will also come up with a 250 cc motorcycle, after launching this 200 cc offering.

Hero Xtreme 200S sportbike to launch sooner than expected

The Hero Xtreme 200S will be a premium offering from the Hero MotoCorp.

24 Oct 2016 12:57 PM IST

Bihar JD(U) MLC Manorama Devis son Rocky Yadav. (Photo: File)

Bihar government challenges Rocky Yadav's bail in Supreme Court

Rocky, the son of suspended Janata Dal (United) MLC Manorama Devi, was granted bail by the Patna High Court earlier on...

24 Oct 2016 12:48 PM IST

At present, through windmills the university produces 62 KVA of electricity.

Inox Wind bags 50 MW power project in Gujarat

This is a turnkey project and is scheduled to be commissioned by March 2017.

24 Oct 2016 12:40 PM IST

The Maharashtra government had earlier told the court that women should be barred from entering the inner sanctorum of Haji Ali Dargah only if it is so enshrined in the Quran. (Photo: PTI)

SC gives Haji Ali Dargah 4 weeks time to grant complete access to...

The Haji Ali Dargah trust told the top court that it will grant access to women on par with men.

24 Oct 2016 12:39 PM IST

Fortis Malar would issue and allot to the equity shareholders of Fortis Healthcare, as on record date, 0.98 fully paid up equity shares of Rs 10 each for every 1 equity share of Rs 10 each held by them in Fortis Healthcare.

CCI clears Fortis group's 'internal reorganisation'

The rejig involves three entities Fortis Healthcare Ltd, Fortis Malar Hospitals Ltd and SRL Ltd.

24 Oct 2016 11:47 AM IST

Globally, gold fell by 0.56 per cent to USD 1,252.40 an ounce and silver by 1.02 per cent to USD 17.43 an ounce in New York in yesterdays trade.

Gold futures slide on weak global cues

Participants cutting down their bets also influenced the yelow metal trade.

24 Oct 2016 11:03 AM IST

The SpiceJet flight from Kochi to Mumbai initially got delayed by 75 minutes, which led to a series of confusing events. (Photo: PTI)

2 planes nearly miss collision in Goa airspace, DGCA orders probe

The incident involved a SpiceJet's Hyderabad-bound plane from Goa and a GoAir aircraft operating on Nagpur-Mumbai route.

24 Oct 2016 10:56 AM IST

Self-styled godman, Asaram Bapu. (Photo: DC)

SC to hear Asaram Bapu's bail plea today

Asaram's counsel had sought bail citing that the accused has been suffering several ailments.

24 Oct 2016 10:46 AM IST