Tagged: RBI

Sensex at 3-week high; RIL, CIL surge

MUMBAI: Extending the winning run to fourth consecutive session on Thursday, the benchmark BSE Sensex rose by over 190 points to close at a three-week high of 28,707.75 mainly led by gains in RIL,...

RBI cuts interest rates for first time in 9 months

Shedding its 9-month long hawkish monetary policy stance, the Reserve Bank of India on Tuesday slashed its key interest rates by 0.25 per cent and released Rs 18,000 crore additional liquidity into the system...

PTC India to raise $40 million from IFC

PTC India Financial Services Limited (PFS) will raise around $40 million from International Finance Corporation (IFC) to fund various wind power projects, which can generate around 75-125 MW of power in the southern states...