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.
The Reserve Bank of India (RBI), in its monetary policy announcement on Wednesday, said that inflation is expected to remain under control in the financial year 2025-26.
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 tournament, which begins on April 9 at Kalhaar Blues and Greens, will feature 126 players, including 123 professionals and three amateurs. It will be played in stroke-play format, consisting of four rounds of 18 holes each. After two rounds, the top 50 players and ties will make the cut.
Huzhou [China], April 8: As a leader in the power battery industry, Tianneng continues to drive innovation in the battery market through relentless technological advancement and transformative business models. At a recent spring industry expo, the company not only showcased its comprehensive
New Delhi [India], April 8: The AMIEE Association, in collaboration with the CMAOI Association, is set to host the International Conference on "AI, ML, and Emerging Technologies: Transforming Industries and Society" from April 11 to 13, 2025. This virtual event aims to unite researchers, aca
Mumbai (Maharashtra) [India], April 8: Lords Mark Industries Limited, a distinguished company known for its diverse portfolio, through its subsidiary Lord's Mark Global LLC, has made a strategic entry into the United States market by securing its first major order valued at approximately $1
New Delhi [India], April 8: India's entrepreneurial ecosystem is ablaze with innovation, thanks to visionary leaders who are disrupting industries and redefining the country's economic trajectory. From pioneering cutting-edge technologies to revolutionizing traditional business models, these
Noida (Uttar Pradesh) [India], April 8: India's leading compliance technology company, EZ Compliance Pvt. Ltd. today announced the signing of Ashutosh Sinha as its co-founder. Sinha envisions EZ Compliance as a trailblazer in simplifying regulatory processes for businesses across India. His
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 a post on X, Stalin accused the BJP-led Central government of hiking excise duty on petrol and diesel prices despite a drop in global crude oil rates, stating that citizens are not asking for a price cut but merely begging for no further increases.
Ahmedabad (Gujarat) [India], April 7: ZEISS, a leading provider of measurement solutions, has inaugurated of its first Quality Excellence Center (QEC) in Gujarat, making it the sixth QEC in India. This strategic expansion underscores ZEISS's commitment to India's rapidly growing manufacturin