The survey made a case for labour reforms along with redesigning a minimum wage system for inclusive growth.

Saumya Kanti Ghosh, group chief economic adviser with SBI, said the current apprehensions about jobs and the economy are due to the wobbly ...

An influential section within the government believes the RBI has been unsympathetic to its concern over persisting high interest rates.

Now if you have Rs 1crore in cash, there are people willing to take the money off your hands and give you an interest of 6-8% after a year.

According to bankers and economists, there is room for further rate cut by RBI as retail and wholesale inflation rates have remained benign.

The Reserve Bank may go for a "token cut" in interest rates in its upcoming policy review on February 3, a report by SBI said today.

Thermax, a Rs4,400-crore company, booked orders worth Rs662 crore in the June quarter, well below Rs2,123 crore a year ago.

Decline in June CPI inflation was mainly on account of lower prices of food items, including vegetables, cereals and meat.