RBI Reduces Key Interest Rate By 25bps, Markets Volatile

In line with market expectations, the Reserve bank of India (RBI), its first bi-month Monetary Policy Committee meeting on Thursday, reduced key benchmark policy rates by 25bps to 6.00%, in a 4-2 split vote on Thursday. The repo-rate, at which commercial Read more

Indiabulls HF Stock Rises On Plans To Borrow Rs26,000cr

Shares of Indiabulls Housing Finance Limited surged about 4percnet intraday on bourses on Thursday morning session, as the mortgage lender plans to borrow Rs26,000-Crores in  the fiscal year 2019 after raising Rs17,300-Crore in last fiscal to meet profit target. Reacting to Read more

Realty Stocks Jump After GST Council Okays New Tax Rate

With an endeavor to provide a much needed revamp to the crippling real estate sector, the GST Council in its 34th meeting on Tuesday approved a transition plan for the execution of new tax structure for housing units. In line Read more

Stock To Observe Today, 25-February-2019

Real estate sector Stocks:  shares in real estate will be watched in trade today. The GST Council in its 33rd meeting held on 24-February, recommended that GST shall be levied at effective GST rate of 5percent, without input tax credit Read more