Indian markets are bracing for a pivotal week ahead, with key events like the Union Budget, macroeconomic data, Q3 earnings, and the US Fed policy decision set to influence market sentiment.
Stock indices in India slumped for the third straight session on Wednesday, with investors closely waiting for the Federal Reserve monetary policy decision slated to be announced later today.
The Indian stock indices will react to the disappointing GDP numbers, and await RBI monetary policy decisions, for fresh market cues, during the week that starts Monday.
Finance Ministry in its latest monthly economic review stated that the upcoming administration in US after the win of Donald Trump in the latest elections is set to play an important role in trade dynamics globally.
The Central Board of Secondary Education (CBSE) on Thursday rejected reports suggesting a 15 per cent syllabus reduction for board examinations in 2025 for Classes 10 and 12, saying "no such policy decision" has been taken.
The Delhi High Court in Tuesday refused to entertain a Public Interest Litigation (PIL) challenging the denial of school admissions to Rohingya refugee children from Myanmar due to their lack of Aadhaar cards and directed the petitioner NGO to move a representation to Ministry of Home Affair
In a post on X, PM Modi said that the recent policy decisions, including reduced export duty on onions and increased import duty on edible oils, will benefit the food producers, citing increased income and employment opportunities in rural areas.
Dravida Munnetra Kazhagam (DMK) MP Tiruchi Siva criticised President Droupadi Murmu's address to the joint session of Parliament on Thursday, saying that it should have focused on the government's policy decisions rather than past events.
Analysts believe that investors will keep an eye on the US Fed interest rate decision, India's inflation data, and the decisions of the new government will be on the watch list for the upcoming week starting from Monday.
The Monetary Policy Committee (MPC), chaired by Governor Das, has been convening in Mumbai this week to deliberate on key policy decisions amidst a challenging economic landscape.
Industry welcomes Reserve Bank of India decisions in its first monetary policy report of FY 25. One of the key highlights of the report is the RBI's decision to maintain the repo rate at its current level, a move that has been widely applauded by industry leaders.