A rate cut by RBI in May is likely,but not a done deal: Nomura
There is an 80 per cent probability that the Reserve Bank will cut repo rate by 0.25 per cent in its monetary policy review on May 3, but it is "not a done deal".
Gold dips below Rs 27,000 level; down Rs 1,160 on weak global cues
Falling for the third straight session, gold prices today slipped below the Rs 27,000 level as it crashed by a whopping Rs 1,160 to Rs 26,440 per 10 grams.
GM, Suzuki, Honda, Ford, Daimler under I-T lens for allegedly selling cars at a loss
Industry officials worry that it is a potentially costly distraction for an embattled sector and will further damage country's image as a place to do business.
| 
No comments:
Post a Comment