New Delhi: Taking a cue from the continued downward surprises in inflation and sluggish growth indicators, the Reserve Bank of India is likely to go for further monetary easing in its June 17 policy meet, global investment banking majors have said.
The headline wholesale inflation fell to 41-month low in April (4.89 per cent), dropping within the central bank's comfort zone of less than 5 per cent and fuelling market hopes of more monetary easing to revive sagging economic growth.
"We believe the WPI inflation report provides ample room for the RBI to cut policy rates at its June 17 policy meeting," Barclays said in a research note. Barclays further added that "we expect the repo rate to be cut to 7 per cent (another 25 bp cut) by mid-2013. Moreover, we think the likelihood of further rate cuts (another 50bp to 6.50 per cent) in the second half of 2013 has risen significantly"....
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10:40 AM, May 19, 2013
New Delhi: The Delhi government's 181 helpline for women in distress, which was launched in the wake of the December 16 gangrape, has received over two lakh calls in the last four-and-half months. Officials said most of the calls received by the round-the-clock help line were related to stalking, eve-teasing, obscene calls and facing sexual abuse and domestic harassment. The helpline was launched on December 31, 2012 to help women...
02:35 AM, May 17, 2013
Delhi has witnessed a surge in crime against women this year with rape cases recording 158 per cent rise while molestation and eve-teasing incidents went up by 600 and over 700 per cent, respectively. According to statistics released by Delhi Police Commissioner Neeraj Kumar on Monday, the national capital reported 463 rape cases in 2013 till April 15 as against 179 during the same period in 2012. ...
11:21 PM, Apr 23, 2013
New Delhi: Delhi has witnessed a surge in crime against women this year with rape cases recording 158 per cent rise while molestation and eve-teasing incidents went up by 600 and over 700 per cent, respectively. According to statistics released by Delhi Police Commissioner Neeraj Kumar on Monday, the national capital reported 463 rape cases in 2013 till April 15 as against 179 during the same period in 2012. While...
04:00 AM, Apr 23, 2013
The court battle among airport operators, tax authorities and Kingfisher Airlines' lessors over repossession of its planes may have a negative impact on other Indian carriers leasing aircraft from global leasing companies, a leading aviation consultancy firm has said. Major aircraft leasing companies and financers have started adopting a cautious approach towards Indian carriers, with some even threatening to pull out of India, it said. ...
10:18 AM, Mar 31, 2013
The Reserve Bank on Monday said there is a limited scope for easing of monetary policy over the next few months as there is a risk of inflation escalation as well as concerns over fiscal and current account deficits. "There is room for monetary easing over the next few months, but that room is limited because of the outlook for inflation and outlook for growth," RBI Governor D Subbarao told...
07:10 PM, Feb 18, 2013
Mumbai Police Commissioner Satyapal Singh says policemen have "many limitations" in going after molesters that they don't even have a right to slap them. And the city's top cop has come up with a possible solution - the victims should slap those who tease them to help police bring to book the culprits without worrying of being questioned. ...
08:20 PM, Feb 12, 2013
The Reserve Bank of India said a sustained commitment to contain fiscal and current account deficits was needed to create room for monetary easing, a day before it is widely expected to cut interest rates for the first time since April. While the near-term risks to a bloating fiscal deficit have waned following the government's recent policies to stick to its fiscal deficit target of 5.3 per cent of GDP,...
06:05 PM, Jan 28, 2013
Elisany da Cruz Silva, the world's tallest teen girl at 6ft 8in, dislikes hanging out with her 'tiny' boyfriend as one could easily mistake him as her little brother or son. Francinaldo da Silva Carvalho, who is just 5ft 4in tall, has to crane his neck to get a kiss. ...
06:56 PM, Dec 23, 2012
Dear Delhi, I belong here. Please let me feel safe in my own home. Speaking strictly from whatever little experience of life I have ...
01:01 PM, Dec 18, 2012
Punjab police will approach court to seek the remand of 10 persons arrested for their involvement in the alleged assault on a television journalist here, a senior officer said on Tuesday. "Ten persons have been arrested and a case of attempt to murder registered against them," Police Commissioner Gaurav Yadav said. ...
11:21 PM, Dec 11, 2012
The victim of the Amritsar sexual harassment horror said that the police did not act on her complaint and added that the police fled as assailants shot her father Ravinder Singh, who was a cop himself. ...
07:27 AM, Dec 07, 2012
Watch today's top stories with CNN-IBN Editor-in-Chief Rajdeep Sardesai. ...
11:57 PM, Dec 06, 2012
While a Punjab policeman was killed by some molesters, five youths killed a 19-year-old in Mumbai for opposing them. ...
11:37 PM, Dec 06, 2012
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09:53 PM, Dec 06, 2012
In a case disturbingly similar to the Keenan Reuben murders of 2011, Dombivali boy Santosh Vichivara was knifed to death for taking on goons who were harassing a girl in his colony. As many as five people have been arrested in the case, of which four minors have been sent to juvenile homes. The other accused, who is an 18-year-old youth was sent to 10-day custody. ...
09:25 PM, Dec 06, 2012
A day after a Punjab policeman was murdered in full public view for raising voice against men who misbehaved with his daughter, another brutal murder has come to light. ...
08:12 AM, Dec 06, 2012
Gwalior: Madhya Pradesh Chief Minister Shivraj Singh Chouhan has said that those indulging in molestation and sexual harassment will not be get driving licence, passport and other government facilities. The step is being taken to control the menace in the state, Chouhan said during a function at the Gwalior trade fair in Gwalior on Monday evening. Those found involved in molestation would not be given driving licence, passport and character...
01:03 PM, Nov 20, 2012
Mumbai: Charges were framed against the accused in the Keenan-Reuben murder case on Tuesday. According to reports, the trial will start from November 6. 28-year-old Reuben Fernandez and 25-year-old Keenan Santos were killed by a group of four in October last year after they objected to misbehaviour with their women companions. Four people were arrested for murder and sexual harassment and several others were booked for rioting in the case....
02:22 PM, Oct 23, 2012
Batala: A man was hacked to death by a youth while trying to protect his daughter from the eve teaser in the Kot Majlis village, police said on Saturday. Suman Kumar was brutally murdered by Sabi, who also resides in Kot Majlis village under Qila Lal Singh Police Station on Friday night, they said. According to police, Kumar on several occasions had asked Sabi to stop eve teasing his daughter...
08:03 PM, Sep 22, 2012
