Moody's senses Modi govt's growth mood, lifts India's outlook

THE ECONOMIC TIMES Sat, Apr 11, 2015 | 01:12 PM IST Weekly Platter Newsletter

Moody's senses govt's growth mood, lifts India's outlook to 'positive' Moody's changed India's outlook to positive, saying there was a probability that actions by policy makers will enhance the country's economic strength. read more RBI keeps repo rate unchanged at 7.5%; CRR maintained at 4% The RBI kept the repo rate unchanged at 7.5% in its monetary policy review on Tuesday. Rajan also kept the Cash Reserve Ratio at 4%. India to buy 36 Rafale jets in fly-away conditions from France "I have told President Hollande that India wants jets as soon as possible. A deal better than previous one will be worked out," PM Modi said.

Editor's Pick Swachh Bharat: PM Modi's promise of cleaning & beautifying Varanasi doesn't appear to be an empty one Cleaning up and beautifying India's spiritual capital was one of Modi's biggest electoral promises to the people of Varanasi. Satyam case: Ramalinga Raju's lust for land tripped him Even as he was running Satyam -a company that gave him prestige and standing -Raju was busy with his real estate company Maytas.This was a company established in 1988 (albeit with a different name) a year after Satyam was founded. Richie Benaud: The end of a 'marvellous' innings The Test great and pioneering broadcaster died in his sleep Friday at the age of 84 after fighting skin cancer and the debilitating effects of a car accident near his Sydney seaside home in 2013. Temples like Shree Siddhivinayak may open gold vaults for PM Modi Modi govt is planning to launch a scheme in May that would encourage temples to deposit their gold with banks in return for interest payments.

Most Popular This Week Snapdeal buys Freecharge in biggest startup M&A Hyundai lines up compact and premium SUVs to take on Renault Duster & Mahindra XUV Paying for key talent: Flipkart delivers million-dollar salaries to new top hires US, France and Germany dial India to get their citizens out of Yemen SBI, HDFC Bank & ICICI Bank take lead in cutting base lending rates

Story of The Week Satyam verdict: Raju gets 7 years in jail, slapped Rs 5 cr fine for corporate fraud The scam surfaced in 2009, after Raju confessed to manipulating his company's account books and inflating profits over many years. read more

Money Here's why you should not let your Employee Provident Fund lie idle Inactive PF accounts stop earning interest after three years. You could lose thousands if you don't transfer the account or withdraw the money. Things to keep in mind while transferring money online The process of recovery in the event of a wrong transfer of funds can be tedious.

Stock Round Up Top ten stock picks for this fiscal year According to Bloomberg's consensus target price, about 40 stocks are expected to return between 25% and 50% over next one year.

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