A look at the headlines in the sector right now:
- Raghuram Rajan keeps key rates unchanged in final monetary policy review: The reverse repo rate also remained the same at 6%, while the CRR was maintained at 4%, leaving the next RBI governor with the task of keeping inflation down.
- Sensex, Nifty slip as RBI keeps key rates unchanged at monetary policy review: While the BSE dropped 97.41 points to 28,085.16, the Nifty 50 was down 33.1 points to 8,678.25.
- Delta Air Lines offers refunds after power outage leaves passengers stranded for hours: Although the issue has been resolved, the airlines on Tuesday still grappled with accommodating scores of travellers.
- Biggest ever spectrum auction set to begin on September 29: On Monday, the government put out the Notice Inviting Applications for the auction on the Department of Telecommunication's official website.
- HDFC Life, Max Life seal merger to become India's largest private insurance company: The merged entity will retain the HDFC Life name and will be headed by HDFC Life Executive Officer Amitabh Chaudhry.
- Adani Power posts loss of Rs 33.51 crore for first quarter: The Gautam Adani-controlled group’s loss was Rs 171.81 crore for the same period last year.
- India imposes anti-dumping duty on steel products from six nations: The duty was placed on imports from China, Japan, Korea, Russia, Brazil and Indonesia after a recommendation from the Directorate General of Anti Dumping.
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