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Economists call RBI's 5.25% repo rate move an 'insurance rate cut' amid Go
Updated : 3 months, 1 week ago IST
The Reserve Bank of India (RBI) on Friday lowered the repo rate by 25 basis points to 5.25 per cent, a move widely anticipated by markets and interpreted by analysts as a supportive step amid easing inflation and global uncertainties.
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Policy rate cut to stimulate credit offtake, reduce borrowing costs: FICCI
Updated : 3 months, 1 week ago IST
Anant Goenka, President, of industry chamber FICCI welcomed the RBI's decision to reduce the repo rate by 25 basis points, asserting that this calibrated easing will help stimulate credit offtake.
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RBI to study SEBI proposal on banks' foray into non-Agri derivatives: Gove
Updated : 3 months, 1 week ago IST
Reserve Bank of India Governor Sanjay Malhotra on Friday said the central bank will study the pros and cons of the markets regulator Securities and Exchange Board of India's (SEBI) proposal that observed that the banks be allowed to foray into non-agricultural derivatives.
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Real Estate players anticipate strong close to financial year as RBI slash
Updated : 3 months, 1 week ago IST
With the cut in repo rate, which will eventually lead to lowering down the lending rates by the banks and the Housing Finance Companies, it will make home loans more affordable, supporting homebuyers and strengthening the housing demand.
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Flight fares jump sharply after nationwide IndiGo cancellations; domestic
Updated : 3 months, 1 week ago IST
According to MakeMyTrip (MMT) data, there are significant spikes on routes from Delhi to major metros and state capitals, with same-day non-stop flights costing up to double the rates available for neighbouring dates.
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Suryakumar Yadav surpasses Aditya Tare; tops Mumbai's T20 run charts
Updated : 3 months, 1 week ago IST
Current India T20I captain Suryakumar Yadav has added another milestone to his illustrious career, becoming the highest run-scorer for Mumbai in T20 cricket. He surpassed Aditya Tare's record, moving to the top of the charts with 1,717 runs. Suryakumar's tally, built over 71 matches, has com
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L&T Finance Ltd. Receives a CRISIL ESG Rating of 70 Categorised as 'Strong
Updated : 3 months, 1 week ago IST
Mumbai (Maharashtra) [India], December 5: L&T Finance Ltd. (LTF), formerly known as L&T Finance Holdings Ltd., one of the leading Non-Banking Financial Companies (NBFCs) in the country, announced its Environmental, Social, and Governance (ESG) rating by CRISIL. The Company achieved an overal
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"RBI delivered on most fronts": Experts hail "forward-looking" 25 bps repo
Updated : 3 months, 1 week ago IST
"The accompanying liquidity-enhancing measures, including open market purchases and forex swaps, underscore the growth-supportive nature of this policy decision. The repo rate cut is expected to support growth next fiscal, as monetary policy typically has a lagged effect."
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"This was expected": Former Union Finance Minister P Chidambaram on RBI re
Updated : 3 months, 1 week ago IST
Speaking to ANI, P Chidambaram said, "This was expected because according to RBI and government data, the inflation has come down. Wholesale Inflation has also come down, and there is enough liquidity. Therefore, this was expected that the RBI cut the policy rate by 25 basis points. It sh
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Edelweiss Life Reports Its Highest-Ever Claim Settlement Ratio of 99.29% i
Updated : 3 months, 1 week ago IST
Mumbai (Maharashtra) [India], December 5: Edelweiss Life Insurance reported its highest-ever Claim Settlement Ratio of 99.29% in FY25. The claim settlement ratio measures the percentage of death claims paid out versus total claims received, serving as a key indicator of an insurer's reliabil
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Axis Max Life's E-Commerce Channel achieves 52% two-year CAGR on APE in H1
Updated : 3 months, 1 week ago IST
New Delhi [India], December 5: Axis Max Life Insurance Limited ("Axis Max Life" / "Company"), formerly known as Max Life Insurance Company Limited, has reported a 52% two-year Compound Annual Growth Rate ("CAGR") in H1 FY26 for its business sourced through the E-Commerce Channel. Buoyed by t
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Rare goldilocks period: RBI Governor points to India's high economic growt
Updated : 3 months, 1 week ago IST
RBI Governor Sanjay Malhotra on Friday characterised India's current macroeconomic moment as a "rare goldilocks period", that currently marks high economic growth and exceptionally low inflation.
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