In an interview to CNBC-TV18, Agam Gupta, Standard Chartered Bank says, chances of a 50 basis point rate cut are very high. If the central bank cuts rate by 50 bps, he says, the new 10-year paper could go towards 7.75%.
09:44 19 Jun 2013 from
IANS
Egypt says it values its relations UAE
Cairo, June 19 (IANS/WAM) Egypt is proud of its deep-rooted fraternal ties with the United Arab Emirates (UAE) and its people, an Egyptian foreign ministry spokesperson has said.The relations with the UAE were based on mutual respect and joint...
09:42 19 Jun 2013 from
IBNLive
Rupee recovers 15 paise against dollar in early trade
Mumbai: The rupee recovered by 15 paise to 58.62 against the dollar in early trade on Wednesday at the Interbank Foreign Exchange market on increased selling of the US currency by exporters. However, dollar's strength against other currencies...
09:30 19 Jun 2013 from
IBNLive
Laptops, free mobiles, cycles: Odisha CM on a sops announcement spree
Bhubaneswar: Odisha Chief Minister Naveen Patnaik has announced more than a dozen sops in the past one year with an eye on the Assembly elections. He's announced everything from laptops, shoes and umbrellas to free mobile phones for over...
