RBI rate cut just before festive season to boost affordable housing demand
Mumbai: The Reserve Bank of India's monetary policy committee ( MPC ) is scheduled to announce its policy decision at 2.30pm on Wednesday. According to Kotak Mahindra Bank, since RBI revised down its inflation trajectory sharply in its previous policy, and given that inflation reading, the central bank has room to be accommodative and could cut repo rate by 25 bps on Wednesday.
Economy - All News
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Rex Tillerson to visit Southeast Asia
In a press briefing at Malacañang on Tuesday, Foreign Affairs spokesperson Robespierre Bolivar said countering terrorism and violent extremism is "high on the agenda" of the Asean foreign ministers who will be meeting in Manila from August 2 to 8.
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Cone Midstream Partners LP (CNNX) Shares Sold by Morgan Stanley
It also upped China Biologic Prods Inc (NASDAQ:CBPO) stake by 10,587 shares and now owns 59,275 shares. After $0.45 actual EPS reported by CONE Midstream Partners LP for the previous quarter, Wall Street now forecasts -4.44% negative EPS growth.
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Boy, 17, jumps from airplane after landing at San Francisco airport
As the plane was sitting on the taxiway, waiting to progress to the gate, the teen opened the emergency exit and jumped out. The teen, a USA citizen, was flying by himself from Panama City, Panama, to San Francisco and appeared to be in emotional distress during the flight, said San Francisco Airport spokesman Doug Yakel.
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Annual Oklahoma Sales Tax Free Weekend starts Friday
It establishes a three-day sales tax exemption for school clothing and supplies, saving shoppers 7.35 percent off their purchases. Is there a limit on total cost or items? Any article of wearing apparel, including footwear, meant to be worn on or about the human body.
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General Motors Company (GM)'s Trend Down, Especially After Today's Weak Session
To view Vetr's full report, visit Vetr's official website . Fiat Chrysler Automobiles NV (NYSE: FCAU ) July sales fell 10.5% in July, year-over-year, to 161,477 vehicles. The fund owned 108,699 shares of the auto manufacturer's stock after selling 9,372 shares during the period. Denali Advisors LLC boosted its stake in shares of General Motors by 20.3% in the first quarter.
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Street Analysts View On Orange SA (ORAN), Bristol-Myers Squibb Company (BMY)
Its stake stood at $63,579,000 an increase of $5,353,000 according to the filing. Tiaa Cref Management Ltd Liability Corp invested in 11.31 million shares or 1.13% of the stock. Since May 19, 2017, it had 5 insider buys, and 0 sales for $329,126 activity. Menear Craig A sold 90,661 shares worth $14.21M. The stock, after opening at $55.59, closed at $56.90 by scoring 2.93%.
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Crazy Volume Spikes for: Whiting Petroleum Corp. (WLL)
On average, equities analysts forecast that Whiting Petroleum Corporation will post ($0.72) EPS for the current fiscal year. Ratings analysis reveals 25% of Occidental Petro's analysts are positive. It has underperformed by 16.70% the S&P500. July 21 investment analysts at Citigroup made no change to the company rating of "Buy" but lowered the price expectation from $11.00 to $8.00.
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Royal Dutch Shell: Restart of Europe's Largest Refinery Expected Mid-August
Shell's largest European refinery remains shuttered after a weekend fire. Firefighters brought the blaze under control in the early hours of Sunday. Gasoline barge prices in Europe this morning were trading at $550 a tonne on a loading basis in the Amsterdam-Rotterdam-Antwerp region, up from a trading range of $523-$532 a tonne on Friday.
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(NYSE:NRZ) Shares Bought by James Investment Research Inc
A number of large investors have recently modified their holdings of NRZ . Navellier & Associates Inc boosted its stake in shares of New Residential Investment Corp .by 226.2% in the first quarter. During the same period previous year, the firm posted $0.52 EPS. They expect $0.55 earnings per share, up 5.77% or $0.03 from last year's $0.52 per share.
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IShares Core S&P US Value ETF (IUSV) Balance Step Levels in Focus
When the Tenkan-Sen line crosses and moves above the Kijun-Sen line, this is generally considered a bullish signal. When the MAMA crosses above the FAMA a buy signal is given. The Williams Percent Range or Williams %R is a technical indicator that was created to measure overbought and oversold market conditions. The recent session of ETF has given its price a positive 28.67% lead over its 52-week low and showed declining move of -0.83% over its 52-week high.
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Mumbai University results 2017 might be declared today at mu
Vidyasagar Rao. Mumbai University has successfully conducted for undergraduate (UG) courses in the month of May/ June 2017. Two other student unions - Akhil Bhartiya Vidyarthi Parishad (ABVP) and Students' Federation of India (SFI) - also protested at the Vidhan Bhavan and the University's Kalina campus respectively.




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