As the Reserve Bank of India's Monetary Policy Committee (MPC) begins its two-day meeting in Mumbai to deliberate on the key policy rates, economists are divided over the quantum of the rate cut that the central bank should undertake in its June 6 announcement.
According to a report by SBI, the RBI is likely to announce a 50 basis points (bps) cut in the repo rate during this policy. The bank believes that a large rate cut at this stage could help revive the credit cycle and support overall economic growth.
The Reserve Bank of India (RBI) is expected to announce a 50 basis points (bps) cut in the repo rate in its upcoming monetary policy announcement on June 6, according to a report by the State Bank of India (SBI).
The FIR, registered at Tejaji police station in Indore, accuses Patwari's brothers, Nana Patwari and Bharat Patwari, along with Indore district Congress president Sadashiv Yadav, of illegal possession of land and intimidation.
The Madhya Pradesh League has become a launchpad for players to become future IPL stars. In the 2025 edition of the Indian Premier League, three young cricketers who first grabbed attention in the Madhya Pradesh League (Madhav Tiwari, Aniket Verma and Shivam Shukla) have earned a spot in th
Mumbai (Maharashtra) [India], April 30: Union Bank of India, today announced the launch of its MSME & CASA Outreach program, a nationwide initiative aimed at strengthening relationships with existing customers, expanding outreach to new MSME clients, and driving sustainable growth in CAS
Hyderabad (Telangana) [India], April 25: On April 22, 2025, the Telangana Board of Intermediate declared intermediate first & second year results, and Resonance Junior Colleges have produced outstanding results. Resonance is a nationally renowned premier institute producing meritorious r
The minutes of the Monetary Policy Committee (MPC) meeting held on April 7-9 reflect a clear dovish tone, with growth now taking center stage in the RBI's policy approach.
The outlook for food inflation in India has turned decisively positive over the recent correction in vegetable prices, coupled with estimates of a record wheat and higher pulses production, the Minutes of the latest RBI monetary policy said.
Nashik (Maharashtra) [India], April 15: Banganga Paper Industries Limited (BSE - 512025), (Formerly known as Inertia steel Limited), one of the leading manufacturer and supplier of high-quality kraft paper, through its wholly owned subsidiary Banganga Paper Mills has received an official env
Shriram Ramanathan, CIO, Fixed Income, HSBC Mutual Fund, said, "The RBI MPC managed to meet the market's hefty expectations, by announcing a 25bps repo rate cut along with a change of stance to accommodative. Importantly, the MPC now believes that the headline CPI is aligned on a durable bas
The Reserve Bank of India's decision to cut repo rate by 25 basis points in its monetary policy review has drawn mixed reactions from industry experts, with many voicing expectations for a sharper reduction to better support economic growth.