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Rupee will marginally depreciate against USD in CY25, will outperform many
Updated : 1 year, 2 months ago IST
The Indian Rupee (INR/RS) depreciated by 2.8 per cent in CY24 but still outperformed many of its peers. The Reserve Bank of India (RBI) has actively intervened in the forex market to manage currency fluctuations.
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India's CAD likely to exceed 2 pc of GDP in Q3 FY25 amid gold import surge
Updated : 1 year, 2 months ago IST
Resilient services exports and remittance inflows are likely to cushion the overall impact, keeping the CAD for FY25 within a manageable range of 1.2 per cent-1.5 per cent of GDP.
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Fuel inflation to ease further in the coming months, amid weak demand in U
Updated : 1 year, 2 months ago IST
Fuel inflation in the country is expected to ease further in the coming months because of weak demand in the US and China, according to a report by the Bank of Baroda.
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RBI is unlikely to cut rate or change status in Oct 9 monetary policy: BoB
Updated : 1 year, 5 months ago IST
The Reserve Bank of India (RBI) is expected to uphold the status quo on both policy rate and stance for the tenth consecutive time in its October policy meet, says a research report by the Bank of Baroda (BoB).
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Significant decline in job growth in FY24, IT and Textile sector labelled
Updated : 1 year, 6 months ago IST
India Inc. saw a significant slowdown in employment growth, with an increase of just 1.5 per cent in FY24, compared to a 5.7 per cent rise in FY23, according to a report by Bank of Baroda.
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Wider conflict in the Middle East may lead to rise in inflation: BoB Repor
Updated : 1 year, 10 months ago IST
India's Sensex experienced a decline of 0.6 per cent, particularly affecting consumer durables and banking stocks. Today, Sensex continues to trend lower in alignment with other Asian stocks.
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BoB reports Q1 net loss at Rs 864 crore on higher provisioning
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 10 (ANI): Bank of Baroda on Monday reported a net loss of Rs 864 during the April to June quarter on higher provisioning as compared to a net profit of Rs 710 crore in Q1 FY20.
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