Following are the top business

Following are the top business

stories at 1900 hours today:

DEL22 BIZ-LD RBI

New Delhi: The Reserve Bank today left lending rates unchanged citing risks to inflation due to spurt in farm loan waivers by states but raised lending capacity of banks to support economic growth.

DEL18 BIZ-RBI-INFLATION

Mumbai: RBI expects retail inflation to fall to 2-3.5 per cent in the first half of current fiscal and move up to 4.5 per cent in the second half saying that rush for farm loan waivers may have inflationary spillovers.

BOM 22 BIZ-RBI-PATEL

Mumbai: Demonetisation has not led to lower economic growth, RBI said today while citing "surprises" like dip in inflation as well as GDP growth for maintaining status quo on policy rates.
 

DEL49 BIZ LD RUPEE CLOSE GAIN

Mumbai: The rupee today recovered from early lows to close 10 paise up at nearly three-week high of 64.33 against the dollar after the Reserve Bank lowered its inflation forecast while keeping the policy rates unchanged.

DEL34 BIZ-LD STOCKS

Mumbai: Buoyed by the RBI's status quo on policy rates and a revised estimate of a good monsoon, the BSE Sensex today closed almost 81 points higher at 31,271.28 with sectors like banking and auto making most of the gains.

DEL8 BIZ-BULLION CLOSE

New Delhi: Gold prices today rose for the fourth straight session by gaining Rs 45 to Rs 29,795 per 10 grams at the bullion market on sustained buying by local jewellers and a firming trend overseas.