1. RBI monetary policy: Repo rate lowered by 25 bps to 6% to boost growth
The six-member monetary policy committee (MPC) of the Reserve Bank of India (RBI) voted 4-2 to reduce the policy repo rate by 25 basis points (bps) on Thursday, as was widely expected by economists and bond-market participants who anticipate at least one more cut in the coming policies. Read on...
2. Mukesh Ambani, Sunil Mittal consider competing for stake in Zee: Report
Billionaires Mukesh Ambani and Sunil Bharti Mittal are considering competing bids for a stake in Zee, the troubled television network, people with knowledge of