Top 10 business headlines: RBI pauses on rate cut, GST slab raise & more

From RBI keeping rate cut unchanged, tough road for Subhash Chandra's Essel to Saudi Aramco raising $25.6 bn in largest-ever IPO, Business Standard brings you the top headlines of the day.

1. RBI keeps repo rate unchanged at 5.15%, stance stays accommodative

The Reserve Bank of India on Thursday surprised markets by exercising a “temporary pause” on its interest rate, as it waits to get more clarity on inflation and government measures in the upcoming Budget in February, before re-engaging with the Centre on the “national endeavour” of lifting growth. The six-member monetary policy committee, headed by RBI Governor Shaktikanta Das, voted unanimously to keep the policy repo rate unchanged at 5.15 per cent. Read More

2. Not in favour of scrapping consumer survey report: NSC's Bimal Kumar