Industry chambers have welcomed the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) decision to maintain the repo rate at 5.5 per cent with a neutral stance, citing it as a signal of stability and growth support in the backdrop of moderate inflation and strong GDP performance.
Reacting to the Monetary Policy Committee (MPC) decisions, financial sector experts noted that the overall tone of the policy appears to be growth-centric, with a slight tilt towards concerns over economic momentum, while expressing significant comfort on the inflation front.
The medium-term outlook for the Indian rupee remains tilted to the downside unless there is relief from the persistent twin deficit, current account and fiscal deficit, according to a report released by Union Bank of India.
New Delhi [India], October 1: The grand HT Media Presents Bharat Nirmaan Conclave & Awards 2025, an initiative by NewsReach, concluded on a high note at the Taj Palace, New Delhi. The event shone a spotlight on the invaluable contributions of India's Micro, Small and Medium Enterprises (MSME
Industry experts have widely welcomed the Reserve Bank of India's (RBI) recent decision to hold the repo rate at 5.5 per cent, calling it a measured and prudent approach in the current economic environment.
Samsung Electronics Co. plans to unveil its new tri-fold phone at the Asia-Pacific Economic Cooperation (APEC) summit in Gyeongju later in October 2025, according to a report by Pulse, the English service of Maeil Business Newspaper Korea.
India's manufacturing sector continued to expand in September though at a slower pace, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) easing to 57.7 from 59.3 in August, according to survey data released on Wednesday.
The Reserve Bank of India (RBI) on Wednesday revised its inflation target for the current financial year to 2.6 per cent, marking a significant moderation from earlier projections.
In a unanimous decision the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) kept the policy repo rate unchanged at 5.5 per cent in its policy announcement on Wednesday, RBI Governor Sanjay Malhotra said.
This year's theme, 'Innovating for Impact: Accelerating the Future of the Green Economy', emphasises Dubai's role as a leading global centre in supporting climate action and advancing the transition towards a more resilient and inclusive low-carbon economic model.
The Chief Minister highlighted that the Purvodaya Scheme, initiated by the Centre for the holistic development of eastern states, has already identified Bihar, Jharkhand, West Bengal, Odisha, and Andhra Pradesh as key beneficiaries.