A look at the headlines in the sector right now:

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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.
  6. 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.
  7. 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.