Search For "inflation"
If rate cut happens in Feb, it will come with significant downward revisio
Updated : 1 year, 5 months ago IST
Reserve Bank of India's (RBI) decision to keep the repo rate unchanged and change the policy stance to neutral indicates that inflation is still the main concern for the central bank, according to a research report by Union Bank of India.
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Rate cut with 7 per cent of growth never happened in India or globally: SB
Updated : 1 year, 5 months ago IST
After the RBI projected more than 7 per cent of GDP growth for the entire financial year 2024-25, a latest report by State Bank of India noted that a rate cut with a 7 per cent growth never happened in the history.
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Rate cut likely in December amid continued concerns on inflation and geo-p
Updated : 1 year, 5 months ago IST
Joshi said, "This signals circumspection, it also underscores the likelihood of a rate cut in December. The outsized US Federal Reserve rate cut of 50 basis points in September marked complete and a decisive turn in monetary policy among major central banks. Yet, for emerging market peers, d
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RBI projects 7.2 pc GDP growth for FY25, CPI inflation to moderate at 4.5
Updated : 1 year, 5 months ago IST
Das said, "Real GDP growth for 2024-25 is projected at 7.2 per cent. With Q2 at 7 per cent, Q3 at 7.4 per cent and Q4 7.4 per cent. Real GDP growth for Q1 of next financial year that is 2025-26 is projected at 7.3 per cent and the risks are evenly balanced."
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RBI keeps repo rate unchanged at 6.5 pc, changes stance to neutral to alig
Updated : 1 year, 5 months ago IST
The decision was made with a majority vote of 5 out of 6 MPC members. The standing deposit facility (SDF) rate remains steady at 6.25 per cent, while the marginal standing facility (MSF) rate and the bank rate are both maintained at 6.75 per cent.
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Karachi faces surge in unemployment amid economic crisis
Updated : 1 year, 5 months ago IST
Karachi, Pakistan's largest city, is experiencing a troubling rise in unemployment amid an economic crisis characterised by food shortages, currency devaluation, and soaring inflation. Citizens express growing frustration as job losses mount and living conditions deteriorate.
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Mandi prices of tur, urad declined 10% in past three months, says Centre
Updated : 1 year, 5 months ago IST
India's growing demand for protein-rich diets has led to an increase in pulse consumption, but the country still relies heavily on imports to meet its domestic requirements.
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"Omar Abdullah will be CM," says Farooq Abdullah ahead of J-K results anno
Updated : 1 year, 5 months ago IST
Speaking to the media here in the state capital on Tuesday, Farooq Abdullah said, "People have given their mandate, they have proven that they don't accept the decision that was taken on August 5. We want to tackle issues of unemployment, inflation and others. I am grateful to everybody for
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RBI will evaluate global commodity prices before deciding on rate cut: Yes
Updated : 1 year, 5 months ago IST
As the Reserve Bank of India's (RBI) ongoing meeting draws attention, experts widely believe that the central bank will not announce any changes to the repo rate during this session.
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RBI's monetary policy committee meeting begins today; policy to be announc
Updated : 1 year, 5 months ago IST
The Reserve Bank of India (RBI) is set to begin its three-day monetary policy meeting today, which will run from October 7 to October 9.
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Will give statehood to Delhi, make it free from LG: Arvind Kejriwal
Updated : 1 year, 5 months ago IST
Taking a jibe at BJP's "double-engine government," he said that double-engine means more corruption, more inflation and more unemployment.
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At Haryana rally, Priyanka Gandhi says, "throw out" BJP government: "They
Updated : 1 year, 5 months ago IST
"What was done to our wrestlers? They were made to sit on the road, they kept protesting. The Prime Minister did not have even have five minutes to meet them. And then you all saw what happened in the Olympics recently. You are the people who fight, you have self-respect. You are fighting ag
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