Search For "monetary policy"
India benchmark equity closes in red, stocks of Bank Nifty dip 469 points
Updated : 1 year, 8 months ago IST
Among the sectoral indices, Nifty Bank deteriorated and remained in red while other sectors that remained in red territary were Financial Services, Media and Private stocks were seen trading in red.
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S&P Global Market raised growth forecast of China, still significantly
Updated : 1 year, 8 months ago IST
The S&P Global Market Intelligence has upwardly revised GDP forecasts for China in its latest report. But even with the revised forecast, China's GDP growth will be substantially lower than that of India.
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MPC minutes suggest food inflation was main reason for not cutting repo ra
Updated : 1 year, 8 months ago IST
In its 49th MPC meeting held between June 5 and 7, it was decided to maintain the status quo on key interest rates, reflecting a balanced approach towards sustaining economic growth while keeping inflation in check.
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With strong job growth, rate cuts by US Fed before polls unlikely: Jefferi
Updated : 1 year, 9 months ago IST
With the US economy having created far more jobs than expected in May and consumer inflation in the country still looming above a comfortable range, its central bank Federal Reserve is unlikely to tinker with policy rates ahead of the much-awaited Presidential election scheduled later this y
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Inflation worries continue for US Fed, no policy rate cut for seventh time
Updated : 1 year, 9 months ago IST
The US Federal Reserve, in its latest monetary policy meeting, voted to leave the key interest rate unchanged at 5.25-5.50 per cent, maintaining the policy rate for the seventh straight time on the trot.
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Asia's economic boom: India's 7.2 pc growth projection sets pace in outper
Updated : 1 year, 9 months ago IST
This optimistic outlook aligns with the Reserve Bank of India's (RBI) latest monetary policy report, which predicts a robust growth rate of 7.2 per cent for India in the fiscal year 2025.
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Steady repo rate at 6.5 pc aligns with market expectations: NSE Macro revi
Updated : 1 year, 9 months ago IST
According to NSE Macro Review report, the policy repo rate remains unchanged at 6.5 per cent, with a continued 'withdrawal of accommodation' stance.
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Expect repo rate cut only in October RBI policy meeting: SBI Research
Updated : 1 year, 9 months ago IST
The report, authored by Soumya Kanti Ghosh, SBI's Group Chief Economic Adviser, expects first repo rate cut in October meeting. The repo rate is the rate of interest at which the RBI lends to other banks.
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Upward GDP projection and no change in interest rates welcomed by industry
Updated : 1 year, 9 months ago IST
Industry leaders and economists widely accepted RBI's monetary policy stand of no change in interest rates. Besides upward projection of GDP growth for FY25 from 7 per cent to 7.2 per cent is welcomed by the Industry.
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Sensex touches all-time high, Nifty up 2 per cent on announcement of PM Mo
Updated : 1 year, 9 months ago IST
Indian markets continued their upward trend and Sensex touched all-time high after the Reserve Bank of India (RBI) announced on Friday that it would keep policy rates unchanged at 6.5 percent and Narendra Modi will again take oath of Prime Minister of India.
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"Elephant is walking slowly, but we are watchful" says RBI Governor on Inf
Updated : 1 year, 9 months ago IST
"The elephant (Inflation) is walking very slowly, and we are watchful about this. It is around 4.9 per cent, 4.8 per cent and earlier it was 5 per cent. Our target is 4 per cent for inflation and we hope it goes the soon and most importantly it should stay there," said Das.
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RBI says India's banking sector is sound and resilient, Gross NPA is below
Updated : 1 year, 9 months ago IST
India's banking system is robust and the gross NPA (Non-Performing Assets) of the schedule commercial banks and NBFCs are below 3 per cent highlighted RBI (Reserve Bank of India) Governor Shaktikanta Das during the Monetary policy announcement on Friday.
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