Search For "rate cut"
Rate cut likely by year-end; GST reforms to boost credit demand: Goldman S
Updated : 4 months, 3 weeks ago IST
An additional policy rate cut is expected before year-end, alongside recent GST simplifications indicating that peak fiscal consolidation is behind us. These factors, combined with domestic regulatory easing, are likely to foster a gradual recovery in credit demand, said a report by Goldman
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Auto component firms witness surge in orders following GST rate cut: ASSOC
Updated : 4 months, 3 weeks ago IST
Speaking to reporters, Nirmal K. Minda, the newly elected President of ASSOCHAM, stated that the tax reduction has boosted demand for automobiles, resulting in a positive impact on the auto component sector during the festive season.
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India's CPI inflation may remain at 2.2% in FY26, below RBI's forecast of
Updated : 5 months ago IST
India's Consumer Price Index (CPI) inflation for FY26 is expected to remain at 2.2 per cent, much lower than the Reserve Bank of India's (RBI) forecast of 2.6 per cent, according to a report by the State Bank of India (SBI).
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Auto sales see strong uptick during Navratri, festive cheer to continue in
Updated : 5 months ago IST
Auto retail sales witnessed a robust recovery during the Navratri festival, with growth ranging between 15-35 per cent year-on-year (YoY) across passenger vehicle (PV) and two-wheeler (2W) segments, driven by strong festive sentiment, according to a report by Centrum Institutional Research.
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Despite price pressure, urbanisation & income growth driving housing deman
Updated : 5 months ago IST
Rapid urbanisation and rising household incomes continue to sustain housing demand in India, even amid increasing property prices in key cities such as Bengaluru and the National Capital Region (NCR), according to a report by PL Capital.
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Consumer spending expected to touch Rs 14 lakh crore this festive season:
Updated : 5 months, 1 week ago IST
With consumer sentiment getting a major boost from the recent GST rate cuts, total consumer spending during this festive season is expected to be in the range of Rs 12 lakh crore to Rs 14 lakh crore, according to a report by the Bank of Baroda.
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"More of a political CM than development CM": Basavaraj Bommai slams Sidda
Updated : 5 months, 1 week ago IST
Basavaraj Bommai, a former Karnataka Chief Minister, referred to Siddaramiah's remarks on GST reforms campaign by the Centre and said these are benefitting people.
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GST rate cuts to boost Uttar Pradesh's craft and industrial clusters
Updated : 5 months, 1 week ago IST
The recent Goods and Services Tax (GST) rate rationalisation has extended relief across key sectors, including handicrafts, food products, footwear, toys, textiles and industrial goods. According to a government release on Thursday, the reforms are expected to lower costs for consumers, impr
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Banking sector to see earnings recovery from Q2FY26, strong 17.7% CAGR pro
Updated : 5 months, 1 week ago IST
The Indian banking sector is set to witness earnings recovery in the second half of FY26, after a muted September quarter performance marked by margin pressure, moderate credit growth and a decline in profitability across private and public lenders, according to a research report by Motilal
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If external headwinds remain and growth starts to decelerate, MPC likely t
Updated : 5 months, 1 week ago IST
If external headwinds persist and domestic growth begins to decelerate, the Monetary Policy Committee (MPC) is likely to consider cutting policy rates in its December meeting, according to a report by ICICI Bank.
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RBI Policy opens up the possibility of another rate cut of 25bps: BoB
Updated : 5 months, 1 week ago IST
The Reserve Bank of India's (RBI) Governors' monetary policy statement made on Wednesday has opened up the possibility of another 25 basis points (bps) rate cut, even as the central bank decided to maintain the status quo on key rates and retain a neutral stance, noted a report by Bank of Ba
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RBI's decision to hold rates unchanged reflects cautious stance amid uncer
Updated : 5 months, 1 week ago IST
Industry experts have widely welcomed the Reserve Bank of India's (RBI) recent decision to hold the repo rate at 5.5 per cent, calling it a measured and prudent approach in the current economic environment.
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