RBI holds rate, for now
The Reserve Bank of India (RBI) on Wednesday kept policy rates and stance unchanged but cut its inflation expectations sharply, for now, owing to the recent correction in crude oil prices.
RBI Governor Urjit Patel indicated that the policy course could change soon, depending upon the movement in oil prices. Read more
Noel may join Tata Trusts
Noel may join Tata Trusts
There could be a rethink at the $103-billion salt-to-software Tata group on Noel Tata, chairman of Trent and managing director of Tata International. As Tata Trusts, a cluster of charitable organisations that controls