Indian stock markets opened on a flat note on Thursday as investors reacted cautiously to the beginning of the fourth-quarter earnings season and weak global cues. Both benchmark indices saw minor declines in the early session.
As inflation hits a multi-year low and expectations remain subdued, a rate cut by the Reserve Bank of India (RBI) of 50 basis points is possible in June and August, said a report by SBI Research.
As per the revised worker wages, the monthly wage of unskilled workers will now be Rs 18,456, while workers with graduation and above qualifications will get Rs 24,356 per month. According to the Delhi government, this increase has been made with inflation in mind, which will provide fina
Retail inflation in the month of March fell to 3.34 per cent from 3.61 % in February, according to the official data released by the Ministry of Statistics & Programme Implementation.
Wholesale inflation (WPI) in India stood at 2.05 per cent for the month of March 2025, down from the 2.38 per cent of the previous month, according to the data released by the Ministry of Commerce & Industry on Tuesday.
During a cabinet meeting on Thursday (local time), Trump stated, "There will always be transition problems" with his trade policies with pausing certain tariffs but expressed pride in achieving "the biggest day in history" for markets on Wednesday.
The Reserve Bank of India (RBI), in its monetary policy announcement on Wednesday, said that inflation is expected to remain under control in the financial year 2025-26.
Wholesale Price Index (WPI) inflation is expected to ease to 2.1 per cent year-on-year in March 2025, down from 2.4 per cent in February, mainly due to a seasonal decline in food prices, according to a report by Union Bank of India.
The Reserve Bank of India's (RBI) repo rate is expected to drop by 25 basis points (bps) to 6.00 per cent after the ongoing Monetary Policy Committee (MPC) meeting, according to Goldman Sachs.
Dimon emphasised that the strength of the United States on the world stage relies on a combination of economic vitality, military power, and moral leadership