Rajan Express derails Sensex; loans may get costlier

THE ECONOMIC TIMES Fri, Sep 20, 2013 | 05:45 PM IST Daily Newsletter

RBI hikes repo rate to 7.5%, reduces MSF rate to 9.5% The Reserve Bank of India Governor Raghuram Rajan shocked investors by raising the key repo rate by a quarter point t... RBI effect: Loans may get costlier, says SBI Banks will be scrambling for deposits and it will put an upward pressure on deposits, says SBI chairman, Pratip Chaud... Sensex sinks 383 points after RBI hikes interest rate The Sensex slumped the most in almost three weeks, closing down 383 points after the RBI unexpectedly hiked the repo ... Modi tweets to Sachin, Big B, SRK, others to promote voter registration A tweet sent to cricketer Sachin Tendulkar read, "Dear @sachin_rt lets encourage voter registration among 18-24 yr ol...

FEATURED STORIES Disappointed by RBI? Take measures to reduce your home loan burden Financial planners feel it is too early to predict if banks will increase interest rates on home loans, as many banks... read more How Team Air Asia is readying for take off »  Despite global downturn Bangladesh GDP grew 6.3% »

Popular Stories Bikaner’s bhujia empire: How Agarwal family runs Rs 5,000 cr business covering 500 products Nandan Nilekani 3.0: From entrepreneur to 'plumber' for govt, and now, to a change initiator How Chanda Kochhar saved ICICI Bank from being engulfed by Lehman bankruptcy RBI hikes repo rate to 7.5%, reduces MSF rate to 9.5%

We must create a bullet-proof national balance sheet... Raghuram Rajan ,Governor,RBI

Latest Updates Sensex sinks: Has Rajan rally ended, or paused? The S&P BSE Sensex has rallied a little over 10% or 2,000 points in September and has created more doubts then optimi... Time to hold on to tech stocks, and exit rate-sensitives? Market is likely to peter out from the current levels as the economy faces tough environment and the rate-sensitives ... August IIP likely to be 1-2% : Dun & Bradstreet report Factory output is likely to be in the range of 1-2 per cent in August and industrial performance will remain a concer... 'Need to focus on anchoring inflation for protecting Re's value' RBI tried to anchor inflation expectations which is necessary to protect the value of the rupee, its chief Raghuram R...

Market Watch 20 Sep | 05:45PM SENSEX 20263.71 â†" -382.93 NIFTY 6012.10 â†" -103.45 USD/INR 62.28 â†' 0.48 GOLD (Rs/10g.) 30288.00 â†" -256.00

MARKET NEWS Raghuram interrupts September rally of 2,000 points Blame the RBI credit policy, but the markets are deep in the red, wiping out most of the gains seen on Thursday.... Markets can rally if RBI, govt take prudent steps: Devang Mehta The rally in Indian markets may continue if the government and the RBI takes some prudent steps, says Devang Mehta....

Gainers Losers 20 Sep, 2013, 05:45PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Venus Universal Ltd. 0.05 25.00 5000 0.05 0.05 Empower India Ltd. 0.06 20.00 515877 0.06 0.05 Avance Technologies Ltd. 0.06 20.00 646157 0.06 0.05

FEATURED SLIDESHOW A look inside Apple's new iPhone 5S and 5C iPhone 5S and 5C launched: Rage for Apple continues US-Philippines military exercise: Building defence capabilities Air Asia India CEO Mittu Chandilya on his mentors more slideshows

FROM THE NEWSPAPER How Fabindia eliminated middlemen & went to artisans As India modernises rapidly, it is also giving rise to numerous startups serving as a link between markets & artisans... BPOs hiring directly from colleges as IT goes slow The hiring is prompted by the changing nature of work, which is rising in complexity and value, calling for regular s... Tata-SIA & Jet-Etihad deal: Foreign cos bet long term Singapore Airlines gets a play in the growing international travel from India. It can also operate direct flights to ... BlackBerry’s chat service BBM coming to Android, iPhone BlackBerry’s popular chat service BBM will start running on rival mobile devices powered by Google’s Android and Appl... US Fed holds tapering: We have only breathing room, not an elixir It is tempting to believe that a dovish Fed will induce a dovish RBI response, and the central bank could dismantle t...

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