The report, authored by Soumya Kanti Ghosh, SBI's Group Chief Economic Adviser, expects first repo rate cut in October meeting. The repo rate is the rate of interest at which the RBI lends to other banks.
Industry leaders and economists widely accepted RBI's monetary policy stand of no change in interest rates. Besides upward projection of GDP growth for FY25 from 7 per cent to 7.2 per cent is welcomed by the Industry.
According to a press release by the Ministry of Commerce and Industry, the event, brought together over 60 global investors and financial institutions, showcasing India's burgeoning opportunities in infrastructure, clean economy, and digital transformation.
Mumbai (Maharashtra) [India], June 6: In the bustling city of Mumbai, each neighbourhood tells a story of its evolution and potential. Sion, a locale with a consistent history in luxury developments, stands out as a strategic hub that has catered to an affluent clientele for over two decades
New Delhi [India], June 6: The Indian stock market is impacted by both macroeconomic and microeconomic factors, with macroeconomic variables influencing the entire economy or sectors and microeconomic factors focused on individual stocks. Following globalisation, the Indian stock market has
This annual global summit orchestrated by the Karnataka Digital Economy mission in collaboration with US based strategic advisory firm Smadja & Smadja, aims to highlight India's emergence as a global innovator and Startup nucleus.
New Delhi [India], June 6: In celebration of World Environment Day, Coca-Cola India launched #BenchPeBaat, a campaign aimed at reviving the spirit of true connections and conversations among people. This is a celebration of Coca-Cola India's commitment to creating a World Without Waste throu
The cost of preparing a vegetarian meal (thali) at home increased by 9 per cent in May compared to the same month the previous year, CRISIL MI&A Research observed. In contrast, the cost of preparing a typical non-vegetarian meal (thali) at home decreased by 7 per cent over the same pe
Pune (Maharashtra) [India], June 6: The recent Lok Sabha election results have sent ripples through the market, catching many by surprise as the Bharatiya Janata Party (BJP) secured fewer seats than anticipated. This unexpected turn led to a notable downturn in the Sensex.
Motilal Oswal Financial Services says that the policy agenda of Modi 2.0 will continue in Modi 3.0. The coalition government or weakened majority of BJP is unlikely to slow down major reforms.
Fitch Ratings has maintained its assessment of India's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-' with a Stable Outlook, despite the coalition government following the recent election results.
New Delhi [India], June 6: Deakin University has climbed 36 places to enter the world's top 200 universities, according to the latest QS World University Rankings released today. Deakin's overall rank of 197 is its best QS World University Rankings result and confirms its position in the top