Policy transmission through fiat may be regressive. Living up to widespread expectations, the Reserve Bank of India maintained the status quo on the repo rate. There were greater expectations of a cut in the cash reserve ratio and perhaps that the statutory liquidity ratio would be reduced, but those were not fulfilled. The main reason that there were such low expectations about a repo rate cut was the anticipated impact of adverse weather conditions on the rabi crop. While wheat prices are ... Rediff.com, 2 weeks ago
KATHMANDU : Parliamentary Committee on Finance today conducted a hearing on $54 million (approximately Rs 5.35 billion as per current exchange rate) stashed away by Nepalis or clients connected to the country in UK-based HSBC’s private banking arm in ...Himalayan times, 2 months ago
Hyundai has entered crossover hatch market with a new avatar of i20, which is mighty impressive. Every time a crosshatch passed by, I would wonder why anyone would buy a buffed up hatchback. I guess it’s about perceptions —the rugged looks, body cladding and the raised suspension can actually make you imagine that what you are driving is not a compact car but a mini SUV. That perhaps explains why in the past two years, we have seen three contenders in this cross segment: the ...Rediff.com, 4 weeks ago 5 things you want to know about Hyundai i20 Active Crossover Rediff.com, 1 month ago
Jeep is looking at local manufacturing in India and utilising this base to export to Europe. Jeep is currently working on this new SUV and it will be based on the SCCS platform. Our sources confirm that the Fiat Panda 4x4 was imported to study the characteristics and utilise it on the modular SCCS platform. The Fiat 500L is based on the SCCS platform, but it doesn’t get all-wheel drive in it. The research and development of this product will be done both in India and Europe. Jeep ...Rediff.com, 1 month ago
The sporty member of the Tata clan will eventually herald the new performance brand the company is planning to launch towards the end of the year. The sportier Bolt will use the existing 1.2-litre Revotron petrol engine, which gets a kick in the ...Jagran Post, 1 month ago Tata Bolt Sport showcased at Geneva Motor Show Jagran Post, 1 month ago
Indian billionaires do not believe in sitting on their wealth. They'd rather go out and a buy a plane or two, or an expensive car, or maybe a horse. Here's a look at the lifestyles and interests of the rich and famous... In the saddleNaveen Jindal Image: Naveen Jindal got his first horse when he turned six. Photograph, courtesy: Naveen Jindal/Facebook Industrialist-politician Naveen Jindal got his first horse when he turned six. It was a birthday present from his ...Rediff.com, 2 months ago
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