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Expect 75 basis points repo rate cut cumulatively in 2025: Bank of Baroda
Updated : 1 year, 6 months ago IST
The monetary policy committee of RBI will cut repo rate by another 75 basis points in the year 2025, Bank of Baroda said in a note.
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Affordable housing to get boost from repo rate cut, tax exemption relief:
Updated : 1 year, 6 months ago IST
Real estate leader Niranjan Hiranandani said affordable housing segment will get yet another boost with the reduction in repo rate by the RBI monetary policy committee.
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Industry welcomes rate cut by RBI, expects bigger cut in near term
Updated : 1 year, 6 months ago IST
Chandrajit Banerjee, Director General, CII, said, "The recent series of liquidity easing measures introduced over the past two weeks will aid in the effective transmission of the rate cut to the productive sectors of the economy. Additionally, the RBI's indication that it will inject liquidi
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"Would like to stick my neck out and say India certainly can achieve 7% pl
Updated : 1 year, 6 months ago IST
RBI Governor Sanjay Malhotra on Friday said India can certainly achieve 7 per cent or above growth and that should be what the country should aspire for.
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India to co-chair AI summit, major announcements expected during PM Modi's
Updated : 1 year, 6 months ago IST
Prime Minister Narendra Modi will co-chair the AI Summit in Paris on Monday. Notably, France had invited India to co-lead this meeting. Earlier summits were held in London and Seoul.
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US Court extend deadline for federal workers to accept Trump's resignation
Updated : 1 year, 6 months ago IST
The new deadline is now Monday, following a lawsuit filed by several federal unions, including the American Federation of Government Employees (AFGE) and the American Federation of State, County and Municipal Employees (AFSCME).
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Experts applaud RBI's repo rate cut as 'well-timed' and 'pro-growth' measu
Updated : 1 year, 6 months ago IST
Anshul Jain, Chief Executive, India, SEA & APAC Tenant Representation at Cushman & Wakefield, described the move as "well-timed and much-needed," particularly as CPI inflation eases and Q2-FY25 GDP growth slows.
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RBI announces exclusive '.bank.in' domain to tackle financial frauds, expa
Updated : 1 year, 6 months ago IST
Malhotra stated, "The Reserve Bank shall implement the bank.in exclusive Internet domain for Indian banks."
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RBI projects GDP growth at 6.7% for FY26; Inflation in FY25 to remain at 4
Updated : 1 year, 6 months ago IST
On the inflation front, RBI expects Consumer Price Index (CPI) inflation to ease to 4.8 per cent in FY25, with Q4 FY25 inflation projected at 4.4 per cent. For FY26, inflation is forecasted at 4.2 per cent, with quarterly estimates as Q1 FY26: 4.5 per cent, Q2 FY26: 4.0 per cent, Q3 FY26:
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RBI cuts repo rate by 25 bps to 6.25% in first policy review under Governo
Updated : 1 year, 6 months ago IST
Malhotra highlighted the challenges posed by the global economic landscape, noting that while high-frequency indicators suggest resilience and expansion in trade, overall global growth remains below historical averages. "Progress on global disinflation is stalling, hindered by services pr
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RBI likely to cut repo rate by 25 bps in Governor Sanjay Malhotra's first
Updated : 1 year, 6 months ago IST
Experts anticipate that the central bank may cut the repo rate by 25 basis points (bps) to support economic growth while keeping inflation under control.
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China intensifies crackdown on Tibetan schools, forcibly replacing heritag
Updated : 1 year, 6 months ago IST
According to a report by Human Rights Watch, the Jigme Gyaltsen Vocational High School, which was connected to Ragya Monastery, in the Golok grasslands of Qinghai province in eastern Tibet was shut down by the government in July 2024.
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