Economy

Earlier this month, the Reserve Bank cut the benchmark interest rate by 0.25 per cent to 6.25 per cent.

Last month, RBI Governor Shaktikanta Das had said the central bank was yet to take a decision on dividend.

The gold imports in January rose 38.16 per cent year-on-year to $2.31 billion.

Under-construction houses currently attract 12 per cent GST and 6 per cent stamp duty and registration.

Annual wholesale price inflation last month was lower than a provisional 3.80 per cent rise in December, and below a 3.65 per cent increase forecast by economists in a poll by news agency Reuters.

A rate cut in cement to 18 per centwhich is long pending will lead to a loss of Rs 13,000 crore annually

December's growth was much faster than a downwardly revised 0.3 per cent year-on-year increase in November, the data showed.

Analysts polled by Reuters had forecast January's annual increase in the consumer price index at 2.48 per cent.

Annual retail inflation in January rose 2.05 per cent, its slowest pace since June 2017, government data showed on Tuesday.

Consumer inflation stood at a final 2.11 per cent in December, the official statement noted.

Petrol, diesel prices today: The fuel rates vary from city to city and from pump to pump depending on local taxes and transportation cost.

The government holds a 9.56% stake in the private sector lender through state-owned Specified Undertaking of the Unit Trust Of India

The government took three banks - Bank of India, Bank of Maharashtra and Oriental Bank of Commerce - out of the PCA list last month.

The fiscal deficit estimate for the current year has been revised upwards to 3.4 per cent of the gross domestic product (GDP).

Last year the Bank of England had warned that a no-deal Brexit could send the pound plunging and trigger a worse recession than the financial crisis.