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RBI may cut interest rates further by 50 bps in 2025, stance to turn accom
Updated : 1 year, 4 months ago IST
The Reserve Bank of India (RBI) may cut interest rates further by 50 basis points (bps) in 2025 and shift its stance from "neutral" to "accommodative," according to a report by Bank of Baroda.
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Focus on fiscal consolidation, growth supports India's credit profile: Car
Updated : 1 year, 4 months ago IST
The Union Budget for 2025-26, presented on February 1, reinforces credibility in India's fiscal consolidation roadmap while emphasizing boosting the economy's overall growth potential, CareEdge Global Ratings said in a report.
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Another rate cut expected by April if inflation remains favourable: SBI
Updated : 1 year, 4 months ago IST
SBI stated, "April could see the next rate cut again."
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Income tax relief, repo rate cut to boost recovery in consumption: Sithara
Updated : 1 year, 4 months ago IST
Income tax relief provided for in the Budget coupled with RBI repo rate cut put together will boost recovery in consumption in the economy, asserted Finance Minister Nirmala Sitharaman.
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Union Bank of India sees lower inflation for FY25 and FY26 than MPC estima
Updated : 1 year, 4 months ago IST
UBI stated, "MPC revised FY25 growth projection to 6.4 per cent from 6.6 per cent previously even as it projects recovery to 6.7 per cent in FY26. We see downside risk to 6.4 per cent growth forecast for FY25 as it assumes Dec'24 quarter growth above 6.5 per cent while its tracking close to
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"Had Congress and AAP been together": Sanjay Raut on Delhi election trends
Updated : 1 year, 5 months ago IST
Raut said that if the Congress and AAP had allied, the outcome might have been very different. He emphasised that both the Congress and AAP have the same political opponent - the BJP - but unfortunately, they chose to fight individually rather than join forces.
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Macro effects of proposed US tariffs are negative: S&P Global Ratings
Updated : 1 year, 5 months ago IST
Potential effects of the tariffs proposed by the Donald Trump administration are overwhelmingly negative, said a report published by a team of S&P Global Ratings' economics team.
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Carey joins Gilchrist, becomes second Australian player with century in As
Updated : 1 year, 5 months ago IST
On Friday, Carey accomplished this feat against Sri Lanka during the second Test at Galle. Dominating Sri Lanka spinners, notably Nishan Peiris and Prabath Jayasuriya, Carey scored an attacking 139* in 156 balls, with 13 fours and two sixes to end the second day of the match on a high, hitti
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Expect 75 basis points repo rate cut cumulatively in 2025: Bank of Baroda
Updated : 1 year, 5 months ago IST
The monetary policy committee of RBI will cut repo rate by another 75 basis points in the year 2025, Bank of Baroda said in a note.
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Lovlina Borgohain bags gold, Shiva Thapa wins silver at the 38th National
Updated : 1 year, 5 months ago IST
Indian boxer Lovlina Borgohain clinched a gold medal in the women's 75kg category whereas Shiva Thapa bagged silver in the men's 63.5kg category in the ongoing 38th National Games on Friday.
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Cheaper loans better for trade, industry: Congress leader Rajeev Shukla on
Updated : 1 year, 5 months ago IST
Congress leader Rajeev Shukla on Friday welcomed RBI's decision to reduce repo rate by 25 basis points (bps) to 6.25 per cent and said that it will help trade and industry as loans will get cheaper.
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Crisil upgrades Adani Power rating over strong business parameters
Updated : 1 year, 5 months ago IST
The rating agency said that the upgrade in rating reflects Crisil Ratings expectation of strengthening in Adani Power's overall credit risk profile with strong improvement in the business parameters on account of increase in proportion of tied-up capacities as well as fuel linkages.
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