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Repo rate remains unchanged at 6.5 per cent for ninth consecutive time: RB
Updated : 1 year, 10 months ago IST
Governor Das stated, "After a detailed assessment of the evolving macroeconomic and financial conditions and the overall outlook. It decided by a majority of four members to keep the policy repo rate unchanged at 6.5 per cent."
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Stock market opens in negative ahead of RBI monetary policy
Updated : 1 year, 10 months ago IST
The Sensex opened 242.27 points lower at 79,225.74, while the Nifty slipped by 74.75 points to open at 24,222.75.
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RBI to release policy at 10 am today, rate change unlikely: experts
Updated : 1 year, 10 months ago IST
RBI Governor Shaktikanta Das to deliver the monetary policy statement on Thursday at 10:00 am, following the Reserve Bank of India's (RBI) three-day Monetary Policy Committee (MPC) meeting, the post-policy press conference scheduled to be telecast at 12:00 pm on the same day.
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RBI expected to hold repo rate steady in upcoming MPC meeting: Care Edge
Updated : 1 year, 10 months ago IST
Adding the reasons behind its anticipation, the credit agency further emphasized factors such as the inflation and, overall risk of food inflation due to the above-normal monsoon will influence the decision of the monetary committee.
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No rate cut on Thursday MPC meeting, RBI may cut rate in October policy re
Updated : 1 year, 10 months ago IST
The Reserve Bank of India (RBI) has started its three-day monetary policy committee (MPC) meeting in Mumbai on Tuesday.
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Indian markets emerge as an oasis of safety amid global volatility: Anand
Updated : 1 year, 10 months ago IST
The Indian stock markets have emerged as an oasis of safety in amidst the volatility of global financial markets in recent years, highlights a report by Anand Rathi, a financial service company.
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RBI unlikely to cut repo rate on August 8 monetary policy: Experts
Updated : 1 year, 10 months ago IST
The Reserve Bank of India (RBI) is unlikely to change the repo rate, say experts. The three-day monetary policy committee (MPC) meeting to decide on policy rates begins tomorrow, August 6.
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Inflation to remain around 5 per cent this fiscal: SBI report
Updated : 1 year, 10 months ago IST
Recent data indicates that the Consumer Price Index (CPI) inflation rose to 5.08 per cent in June 2024, driven primarily by higher food and beverage prices.
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Slowdown, likely rate cut in US will drive foreign investment to India: Ex
Updated : 1 year, 10 months ago IST
In India, a key emerging market economy, analysts are pointing out that loosening monetary policy through interest rate cuts in the US amid weak growth projections could drive in investment inflows into India.
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Pakistan Peoples Party acquires most debt from IMF, PTI leads in interest
Updated : 1 year, 10 months ago IST
A report by the Pakistan Federal Ministry of Economic Affairs disclosed that the previous government led by the Pakistan Peoples Party has borrowed the maximum from International Monetary Fund (IMF), with a loan of over USD 7.72, The Express Tribune reported.
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India to become USD 55 trillion economy by 2047 if it grows at 8 pc annual
Updated : 1 year, 10 months ago IST
KV Subramanian, Executive Director of the International Monetary Fund (IMF) and former Chief Economic Advisor of India, said on Thursday that India could become a USD 55 trillion economy by 2047 if it maintains an 8 per cent annual growth rate.
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Fed maintains rate at 5.25-5.5 pc for the 8th consecutive term
Updated : 1 year, 10 months ago IST
The Federal Reserve, in its latest meeting, decided to keep the federal funds rate unchanged at 5.25 per cent to 5.5 per cent for the eighth time. In its statement, the Fed observed that job gains in the U.S. economy have moderated, while the unemployment rate has increased slightly but rema
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