Banks Must Move to Marginal Cost for New Base Lending Rate: RBI The RBI wants banks' lending rates to be sensitive to policy rates, it said in a circular on draft base rate guidelines on Tuesday.
Consumers Offer a Ray of Hope After Glum Economic Data From rising retail loans to a pick-up in movie ticket sales, there are early signs of a recovery in spending in Asia's third-largest economy.
Gold Tops Rs 27,000 Mark on Global Cues, Seasonal Demand Silver too continued its upward journey and rose by Rs 150 to Rs 35,150 per kg on increased offtake by industrial units and coin makers.

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