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RBI applies brake on repo rate hike; here's what analysts have to say
Updated : 2 years, 11 months ago IST
The Reserve Bank of India, in its first monetary policy review meeting in 2023-24, decided to keep the key benchmark interest rate - the repo rate - unchanged at 6.5 per cent.
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RBI decides to keep repo rate unchanged at 6.5 pc
Updated : 2 years, 11 months ago IST
Five out of six members of MPC voted to remain focused on withdrawal of accommodation to ensure inflation aligns with target while focusing on growth, RBI Governor Shaktikanta Das said on Thursday. The Monetary Policy Committee of the central bank decided to take a pause after a rate hike
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Sensex opens with losses; investors wait for RBI's rate hike decision
Updated : 2 years, 11 months ago IST
BSE's 50-share Sensex lost 86 points to 59,603.20 while NSE's Nifty dipped 25 points to 17,532.15 during the morning trade on Thursday.
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RBI likely to announce another repo rate hike tomorrow to manage inflation
Updated : 2 years, 11 months ago IST
Governor Shaktikanta Das will announce the outcome of the meetings at 10 in the morning, followed by a press conference at noon which would be telecast.
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India stands out as fastest-growing economy, but RBI should halt any more
Updated : 2 years, 11 months ago IST
ASSOCHAM President Ajay Singh said, "Though India remains the fastest-growing nation amongst the major economies, growth is uneven even as the global headwinds from volatile energy prices, geo-political developments and threat of recession in major economies need to be watched with an abunda
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RBI may hike repo rate by 25 bps in ongoing policy meet: Emkay report
Updated : 2 years, 11 months ago IST
The monetary policy committee of the Reserve Bank of India, when it announces the outcome of the ongoing policy meeting on Thursday morning, is likely to hike the repo rate by 25 basis points (100 basis points is equivalent to 1 percentage point), according to advisory firm Emkay Global Fina
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"Price hike in medicines under Drug Price Control Orders, made during UPA
Updated : 2 years, 11 months ago IST
Manadaviya, in a series of tweets was replying to Kharge's earlier tweet in which he took a swipe at Prime Minister Narendra Modi over a reported hike in prices of some essential medicines, saying he has taken "supari (contract)" to "pick pockets" of the people.
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Debt sustainability indicators worsen in Pakistan
Updated : 2 years, 11 months ago IST
Pakistan's major debt sustainability indicators have witnessed marked deterioration during the first half of this fiscal year in the middle of steep currency devaluation and interest rates hikes, revealed a semi-annual debt bulletin of the finance ministry, The Tribune reported.
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Interest rate on small savings schemes for Apr-Jun quarter hiked
Updated : 2 years, 11 months ago IST
The government has raised the rate of interest on various Small Savings Schemes for the first quarter of the financial year 2023-24 starting April 1 (today) by up to 70 basis points (100 basis point is equal to 1 percentage point).
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Bihar: No hike in electricity bill, CM Nitish Kumar announces subsidy of R
Updated : 2 years, 11 months ago IST
"Our cabinet has decided that we will not allow the electricity tariff to increase for the people of Bihar and the tariffs will remain the same as it was last year. For that, we have increased the subsidy from Rs 8,895 crores to Rs 13,114 crores."
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The leading Ed-Tech firm, Hike Education plans to double its workforce in
Updated : 2 years, 11 months ago IST
New Delhi [India], March 31 (ANI/PNN): Hike Education is a rapidly growing Ed-Tech firm that aims to cater to the growing demand for online education. As more and more individuals seek to pursue online courses and degrees while managing their existing jobs, the demand for Hike Education's se
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"Millions of workers forced to pay exorbitant prices for air tickets," Ker
Updated : 2 years, 11 months ago IST
In his letter, Vijayan said that the exorbitant airfares from Gulf countries to Kerala especially during peak/ festival seasons have been a vexing problem for international passengers in the sector.
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