The Reserve Bank of India (RBI) is expected to reduce the repo rate by 25 basis points (bps) in its upcoming monetary policy announcement on February 7, according to a report by Bank of Baroda.
As the Union Budget 2025-26 approaches, Indians eagerly await policy announcements that will bring relief from income tax slabs, farmers issues and bring positive development in creating job opportunities.
The Federal Open Market Committee (FOMC) of the US Federal Reserve is expected to keep interest rates unchanged in its policy announcement on Wednesday night (IST), according to a report by ICICI Bank.
The US Federal Reserve in continuing the rate cut cycle cut the interest rate by 25 basis points, according to an official statement following the key FOMC meeting.
RBI Governor Shaktikanta Das clarified on Wednesday that changing the monetary policy stance to 'neutral' does not mean a rate cut in the next policy announcement.
The move brings ECB into the line with the International Cricket Council (ICC) policy updated last year to block trans women who underwent through male puberty from playing international cricket, as per Wisden. It comes after an extensive consultation process, which was extended following th
Indian stock markets opened with gains on Wednesday, as investor confidence received a boost following favorable assembly election results for the ruling party.
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.
The Governor was speaking at a joint conference of the central bank and the Finance Ministry held after the address of Finance Minister Nirmala Sitharaman to the Central Board of Directors of RBI in the customary post-Budget meeting on Saturday.
Defence Secretary Giridhar Aramane on Wednesday urged the Indian defence manufacturers to act on their commitment and make policy announcements for ex-Agniveers under the Corporate Recruitment plans at the earliest.