Search For "hike"
RBI Monetary Policy: Latest hike takes repo rate above pre-pandemic levels
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 5 (ANI): The monetary policy committee of the Reserve Bank of India has unanimously decided to raise the repo rate by 50 basis points to 5.40 per cent in order to contain the persistently high inflation. Today's hike takes the repo rate above pre-pande
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RBI raises repo rate by 50 bps to cool inflation, 3rd hike in row
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 5 (ANI): The monetary policy committee of the Reserve Bank of India has raised the repo rate by 50 basis points to 5.40 per cent in order to contain the persistently high inflation.
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RBI set to hike policy rates for the third time in a row to tame inflation
Updated : 3 years, 7 months ago IST
New Delhi [India], August 4 (ANI): The Reserve Bank of India is likely to hike the policy repo rate by 25 to 50 basis points on Friday, the third hike since the beginning of the current financial year, in order to tame the inflationary pressure.
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How will 5G impact services, telecom business in India
Updated : 3 years, 7 months ago IST
New Delhi [India], August 4 (ANI): With the successful auction of spectrum, India has come closer to rolling out the fifth generation (5G) of telecom services. Consumers in the cities like Delhi, Mumbai, Chennai, Bengaluru, and Pune are likely to start getting 5G services from October.
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RBI's monetary policy review underway; here's what analysts see as possibl
Updated : 3 years, 7 months ago IST
New Delhi [India], August 4 (ANI): The three-day Reserve Bank of India's monetary policy committee meeting commenced on Wednesday and it is highly likely the six-member panel will go for another interest rate hike to curb rising domestic inflation.
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Pakistan: Price of life-saving medicines might rise by 7 pc amid inflation
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], August 3 (ANI): The price of life-saving drugs in Pakistan might witness an increase of 7 per cent and the price of other medicines may also hike by up to 10 per cent as per the Drug Pricing Policy of 2018 amid the rising inflation rate in the country.
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Orchardists facing unprecedented hike in the packaging cost, says Himachal
Updated : 3 years, 7 months ago IST
Shimla (Himachal Pradesh) [India], August 3 (ANI): Congress MLA Rohit Thakur has alleged that the Centre and state governments have failed to fulfil the promises made to farmers to double their income and that apple growers were facing "an unprecedented hike in the packaging cost".
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Two opposition RS members give suspension of business notice over price ri
Updated : 3 years, 7 months ago IST
New Delhi [India], August 1 (ANI): Rajya Sabha member and Aam Aadmi Party leader Sanjay Singh gave a suspension of business notice to the Chairman demanding a discussion on the issues of price rise, inflation, and the latest GST revision.
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Further interest rate hike by RBI may dent real estate demand
Updated : 3 years, 7 months ago IST
New Delhi (India) July 31 (ANI): The Reserve Bank of India's upcoming monetary policy committee announcement and guidance is expected to be a decisive event for the interest rate-sensitive Indian real estate sector.
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RBI has done a good job in increasing forex reserves: Raghuram Rajan
Updated : 3 years, 7 months ago IST
Raipur (Chhattisgarh) [India], July 30 (ANI): The Reserve Bank of India (RBI) has done a good job in increasing the foreign exchange reserves and the country would not face the economic problems like Sri Lanka and Pakistan, former RBI Governor Raghuram Rajan said.
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RBI may raise repo rate by 35 basis points in upcoming policy meet: Report
Updated : 3 years, 7 months ago IST
New Delhi [India], July 29 (ANI): In line with the global trend of monetary policy tightening to cool off inflation, the Reserve Bank of India (RBI) in its upcoming monetary policy meeting is expected to hike the repo rate by 35 basis points, said global information service provider S&P
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US Fed raises interest rates by 75 basis points, hints another "large" hik
Updated : 3 years, 8 months ago IST
Washington [US], July 28 (ANI): In the backdrop of an over four-decade high inflation, the US Federal Open Market Committee has raised its key policy interest rate by 75 basis points to 2.25-2.50 per cent, anticipating that the increase in the interest rates will be "appropriate".
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