Fresh foreign capital inflows into equity market also boosted the currency value
Realtors said that a rate cut would help boost housing demand by reducing cost of funds to homebuyers and developers
Former RBI chief says, in past 7 years, majority of monetary policy decisions taken against advise of committee
Index heavyweights RIL, Infosys and HDFC were among the top losers
Says there are signs that consumption demand, especially in urban areas, is picking up
Central bank also leaves CRR unchanged at 4%
BSE Bankex was up 0.3% while Bank Nifty was trading with marginal gains
Says it is waiting for WPI, CPI inflation data for August and IIP numbers for July to firm up its view on interest rates
Say minor change in interest rates will not change investment climate
Say tone shows there is a possibility of a rate cut later this year
Seeking to put the controversy at rest, Governor Rajan said that there are no differences between the RBI and the government
Says a committee can represent different view points and study shows that its decisions are typically better than an individual
CII is of the view that the policy of frontloading the interest rate cuts should have been allowed to continue, said Chandrajit Banerjee
Says any hike in foreign debt limits would only come after the US Fed raises rates
Fresh demand for the dollar from importers weighed on the rupee
Analysts feel central bank to wait for inflationary pressures to subside, US Fed action
Says no intention of taking Reserve Bank's interest rate powers
Finance Secretary says govt is in discussion with RBI Governor on the form and manner of the monetary policy committee
The local currency had lost 22 paise, or 0.34%, in the previous two days
Inflation is likely to remain subdued on the back of average rainfall and lower commodity prices, said the report