This year, the Reserve Bank of India (RBI) slashed policy rates by 100 basis points and cut CRR by 100 basis points, thereby injecting significant liquidity into the financial system.
Over 23 million Afghans face acute hunger, with the World Food Programme calling food aid their only hope. Due to funding cuts, WFP warns of worsening starvation, especially in remote areas. Khaama Press reports urgent global support is needed to prevent a deeper humanitarian crisis.
Lending rates are expected to fall by around 30 basis points (bps) following the recent policy rate cut, according to a report by the State Bank of India (SBI).
The report mentioned, "We anticipate the MPC to cut rate by 25bp and potentially guide for more cuts. Demand conditions continue to often, as seen in slowing credit growth, auto sales, RE sales and HH wages while inflation too has turned quite soft, hovering below 4 per cent on a 3MMA basis,
Weakening wage and job growth cycle is impacting consumption sentiment, and tax cuts and rate cuts will help accelerate momentum, according to the ICICI Bank Global Markets report.
India's benchmark 10-year government bond yield could decline further if the Reserve Bank of India (RBI) announces a policy rate cut of more than 25 basis points in its upcoming monetary policy on June 6, according to a report by Bank of Baroda.
Citing the reason behind its observation, the credit rating firm in its report said that despite India exporting over half of its pharmaceutical output, the bulk comprises low-priced generic drugs, which already operate on razor-thin margins, leaving little room for further price cuts to mat
The Indian bond market is showing signs of strength, driven by easing inflation and expectations of more interest rate cuts from the Reserve Bank of India (RBI), says a report by Jefferies.
Jitin Prasada, Union Minister of State, said, "Our government's intent is very clear: AI is for all. It cuts across government and society. We must ensure India leads not just in talent, but in conscience and compassion, producing AI that is inclusive and self-reliant."
"We have reached new heights in the field of electricity and power, and made unprecedented progress. There was a time when power cuts were common, but today, despite the huge power consumption, electricity is available for a good 22-24 hours even in villages," the Union Minister said while a
The Reserve Bank of India (RBI) is expected to go for deeper interest rate cuts as part of its policy response to slower economic growth and controlled inflation, according to a report by Morgan Stanley.