Financial market participants in India will closely monitor the outcome and the policy stance of the central bank, the Reserve Bank of India (RBI), to be announced at 10 am Friday (today), for fresh cues. As things stand, the monetary policy committee is most likely to maintain status quo
Wholesale inflation in India based on the Wholesale Price Index continued to stay in the negative zone for the sixth straight month through September, official data showed on Monday.
As expected, the monetary policy committee of the Reserve Bank of India (RBI) in its October review meeting decided to keep the policy repo rate unchanged at 6.5 per cent, maintaining status quo for the fourth straight occasion. The repo rate is the rate of interest at which the RBI lends to
Soon after the Reserve Bank of India (RBI) in its latest monetary policy review meeting flagged concerns about high inflation as the headline inflation numbers are above the central bank's upper tolerance limit of 6 per cent, Congress has said it "masks the true hardships" faced by people, p
The monetary policy committee of the Reserve Bank of India (RBI) in its October review meeting kept overall 2023-24 growth and inflation unchanged from their earlier estimates, even as the central bank flagged concerns about high inflation.
The monetary policy committee of the Reserve Bank of India (RBI) in its October review meeting unanimously decided to keep the policy repo rate unchanged at 6.5 per cent, thus maintaining status quo for the fourth straight occasions.
The three-day bi-monthly monetary policy committee (MPC) meeting of the RBI started on Wednesday with financial market participants set to closely monitor the outcome and the policy stance of the central bank
In a significant development that could pull foreign funds into India’s debt market, JPMorgan Chase & Co. recently announced it will add Indian government bonds to its benchmark emerging-market index starting June 28, 2024. The inclusion of the index follows the Indian government’s “subs
The World Bank has retained India’s GDP growth forecast for the financial year 2023-24 at 6.3 per cent, but noted that the country continued to show resilience against the backdrop of a challenging global environment.
Indian stock indices were subdued Wednesday, with the benchmarks witnessing mild profit booking, meaning the investors are taking some money off the table.
Indian stock indices were largely steady Thursday morning, largely due to a lack of fresh cues. Sensex and Nifty were just 0.05-0.1 per cent higher at the time of filing this report.