New Delhi [India], April 11: India's real estate sector has welcomed the Reserve Bank of India's latest monetary policy move, which saw the repo rate reduced by 25 basis points to 6%. Industry leaders believe the decision-aimed at boosting economic momentum amid global uncertainties-will imp
The Reserve Bank of India's decision to cut repo rate by 25 basis points in its monetary policy review has drawn mixed reactions from industry experts, with many voicing expectations for a sharper reduction to better support economic growth.
Announcing the decision after the MPC's three-day meeting held on April 7, 8, and 9, RBI Governor Sanjay Malhotra stated, "After a detailed assessment of the evolving macroeconomic and financial conditions and outlook, the MPC voted unanimously to reduce the policy repo rate by 25 basis poin
The Reserve Bank of India's (RBI) repo rate is expected to drop by 25 basis points (bps) to 6.00 per cent after the ongoing Monetary Policy Committee (MPC) meeting, according to Goldman Sachs.
In February, the RBI unanimously lowered the repo rate by 25 basis points from 6.5 per cent to 6.25 per cent, in what was the first rate cut in about 5 years since Covid.
Singapore, March 27: UOB has priced US$2 billion in a US dollar-denominated multi-tranche bond. This comprises three-year Fixed-Rate Note (FXD), three-year Floating-Rate Note (FRN) and five-year FRN tranches with pricing set at Treasuries plus 40 basis points, SOFR plus 58 basis points and S
Asset reconstruction companies (ARCs) are poised for a significant boost in the redemption rate of security receipts (SRs) issued for stressed retail assets, with an estimated increase of around 600 basis points (bps) to 69-71 per cent in the upcoming fiscal year, according to an analysis of
Mumbai (Maharashtra) [India], March 21: Standard Chartered Bank and Dun & Bradstreet, a global leader in business decisioning data and analytics, today released the first-ever edition of Women Entrepreneurship Optimism Index (WEOI). The composite Women Entrepreneurship Optimism Index for
India's fast-moving consumer goods (FMCG) sector should see revenue rebound 100 to 200 basis points to 6-8 per cent in the next fiscal year 2025-26, compared with a more modest 5-6 per cent expected rise in the current financial year 2024-25, Crisil Rating said Wednesday in a report.
Operating margins of television (TV) broadcasters are poised to rise 300 basis points to 15 per cent by 2026-27 with increasing digital offerings beaming up economies of scale, according to Crisil.
"With benign inflation this month and going forward, we expect a cumulative rate cut over the cycle could be at least 75 basis points, with successive rate cuts in next policy April and June 2025. With an intervening gap in Aug'25, the rate cuts cycle could restart from Oct'25, says the repo
India's inflation outlook showed a significant improvement in February 2025, as the year-on-year Consumer Price Index (CPI) inflation rate stood at 3.61 per cent, marking a decline of 65 basis points from the previous month.