RBI to up repo rate 25 bps on inflation: Morgan Stanley

General Motors India has launched the all-new version of its sedan Chevrolet Cruze.

Written by Press Trust Of India | Published:October 25, 2013 3:43 am

RBI to up repo rate 25 bps on inflation: Morgan Stanley

Mumbai: As inflation continues to hover above its comfort zone,the Reserve Bank is likely to increase the short-term lending or repo rate by another 25 basis in the monetary policy review due next week,American brokerage Morgan Stanley has said.

‘LIC to increase equity investment this fiscal’

Mumbai: LIC is likely to cross its initial investment target of Rs 40,000 crore in equities this fiscal following positive market sentiment,LIC chairman S K Roy said.

GM launches all new Chevrolet Cruze

New Delhi: General Motors India has launched the all-new version of its sedan Chevrolet Cruze priced up to Rs 16.15 lakh. pti

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