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.
RBI Governor Shaktikanata Das, while announcing the RBI Monetary Policy Committee outcome on Friday, said that the growth is projected to be at 7.1 per cent in first quarter, followed by 6.9 per cent in second quarter and 7 per cent in both third and fourth quarters.
This is the seventh consecutive meeting that the MPC has maintained a status quo on the repo rate. The repo rate, is the interest rate at which banks draw funds from RBI to overcome short-term liquidity mismatches.
Mumbai (Maharashtra) [India], April 5: Film: "Dukaan" (Showing in Theatres near you); Duration: 132 minutes; Directors: Siddharth Singh and Garima Wahal; Produced by A Jhunjhunwala and SK Ahluwalia, Banner- Waveband production, Cast: Monika Panwar, Sikandar Kher, Insane Ashraf, Vrajesh Hirje
The Israeli officials, quoted in an extensive investigation by the online publication jointly run by Palestinians and Israelis, said that the AI-based tool was called "Lavender" and was known to have a 10 per cent error rate.
The first Monetary Policy Committee (MPC) meeting of financial year 2025 will be held on Friday, and the Reserve Bank of India is unlikely to cut rates.
New Delhi [India], April 4: No matter if you are buying a car or bike insurance policy, it is crucial that you first compare all the policies available and then make a decision. Like buying any insurance plan, buying car insurance can become easy if you know the different car insurance po
"Congress MP Randeep Surjewala makes a vile sexist comment, that is demeaning and derogatory, not just for Hema Malini, who is an accomplished individual, but women in general. He asks, 'Why do we make MLA? So that they can raise their voice, and get our views accepted. Is there any Hema
Delhi Capitals (DC) skipper Rishabh Pant was fined for maintaining a slow over-rate during his side's Indian Premier League (IPL) match against Kolkata Knight Riders (KKR) in Visakhapatnam on Wednesday.
ICRA expects a muted 8-9 per cent recovery in revenues of its sample companies to Rs 28,150 crore in the financial year 2025 from Rs 26,000 crore, benefiting from the low base and replenishment of stock in the US and EU regions.
"There was a big sewer problem in ward number 15 and dirty water was flooding inside the houses of residents. People were facing a lot of foul smell and the matter was also brought before the council but no one paid attention to it. After this I told the Commissioner, also requested the Mayo