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India's forex reserves sufficient to meet 11 months of imports, 96% of ext
Updated : 9 months, 2 weeks ago IST
India's foreign exchange reserves (Forex) are sufficient to meet 11 months of the country's imports and about 96 per cent of external debt, said Governor Sanjay Malhotra while announcing the outcome of the Monetary Policy Committee (MPC) decisions on Friday.
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CRR cut by 100 bps, stance changed to Neutral; inflation forecast reduced
Updated : 9 months, 2 weeks ago IST
In a major move to boost liquidity in the economy, the Reserve Bank of India (RBI) on Friday announced a cut in the Cash Reserve Ratio (CRR) by 100 basis points in four tranches of 25bps each.
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Key Things to Know Before Applying for a Gold Loan in India with Bajaj Fin
Updated : 9 months, 2 weeks ago IST
Pune (Maharashtra) [India], June 6: Applying for a gold loan in India has become one of the fastest and most convenient ways to access funds. Many people turn to gold loans for quick financial support without having to sell their precious gold jewellery. Bajaj Finance offers a reliable and s
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RBI cuts repo rate by 50 bps to 5.5% under liquidity adjustment facility
Updated : 9 months, 2 weeks ago IST
RBI Governor said, "The reduction recommended by the MPC is for 50 basis points to 5.5 per cent. This is with an immediate effect."
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RBI Governor Sanjay Malhotra to announce policy rates today amid falling i
Updated : 9 months, 2 weeks ago IST
The Reserve Bank of India (RBI) Governor Sanjay Malhotra is set to announce the policy repo rate today at 10 AM in Mumbai, as the three-day Monetary Policy Committee (MPC) meeting comes to a close.
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RBI's MPC to keep its focus on growth momentum; 25 bps rate cut likely: Ca
Updated : 9 months, 2 weeks ago IST
The Monetary Policy Committee (MPC) is expected to maintain its focus on supporting the ongoing recovery in economic growth momentum, Careedge Ratings said in a report.
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Amid demand showing signs of fatigue and Capex slowdown, RBI to go for 25b
Updated : 9 months, 2 weeks ago IST
The report mentioned, "We anticipate the MPC to cut rate by 25bp and potentially guide for more cuts. Demand conditions continue to often, as seen in slowing credit growth, auto sales, RE sales and HH wages while inflation too has turned quite soft, hovering below 4 per cent on a 3MMA basis,
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Industry leaders expects RBI to take a balanced approach on rate cut and i
Updated : 9 months, 2 weeks ago IST
Majority of the Industry leaders believed that current economic conditions, marked by controlled inflation and improved growth, provide room for a modest rate cut that could boost credit flow and support key sectors like MSMEs, housing, and healthcare.
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Indian stock markets open higher, all major indices in green, Nifty around
Updated : 9 months, 2 weeks ago IST
The market experts believe that the investors are buoyed by the hopes of developments in the India-US trade deal and a rate cut by the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI).
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Lower wage growth impacting consumption; tax cuts and rate cuts tools to s
Updated : 9 months, 2 weeks ago IST
Weakening wage and job growth cycle is impacting consumption sentiment, and tax cuts and rate cuts will help accelerate momentum, according to the ICICI Bank Global Markets report.
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Truecaller Sets New Benchmark with Record Growth in Paid Subscriptions
Updated : 9 months, 2 weeks ago IST
Bangalore (Karnataka) [India], June 4: Truecaller's paid consumer offerings have recently reached two new milestones. Truecaller surpassed three million paying subscribers on the 17th of May and has also hit the milestone of surpassing one million subscribers on iOS on the 27th of May. As of
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The motorola razr 60 with Impressive Features Goes on Sale at Rs.49,999 fr
Updated : 9 months, 2 weeks ago IST
New Delhi [India], June 4: Motorola, a global leader in mobile phone innovation and India's leading~ AI smartphone, recently announced the launch of the all-new motorola razr 60, a striking addition to its premium razr lineup that redefines the flip phone category. The razr 60 features the W
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