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