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,
As the Reserve Bank of India's Monetary Policy Committee (MPC) begins its two-day meeting in Mumbai to deliberate on the key policy rates, economists are divided over the quantum of the rate cut that the central bank should undertake in its June 6 announcement.
A batch of small yellow croaker imported from China to Taiwan was found to contain a banned drug, enrofloxacin. About 40% of the 1,000 kg batch has been recalled. The importing company was fined NT\$240,000. Taiwan will now increase inspection rates for such imports due to repeated violation
The Reserve Bank of India (RBI) is expected to announce a 50 basis points (bps) cut in the repo rate in its upcoming monetary policy announcement on June 6, according to a report by the State Bank of India (SBI).
Pune (Maharashtra) [India], May 31: Personal loans of up to Rs55 Lakhs are available on Bajaj Markets, a leading digital financial marketplace that offers access to 20+ trusted lending partners. With interest rates starting at just 9.99% p.a. and repayment tenures of up to 96 months, individ
The weakness in the US dollar has created real room for the Reserve Bank of India (RBI) to lower interest rates further by up to 75 basis points (bps) by the end of calendar year 2025, according to a report by global financial services firm Jefferies.
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There has been a shift in preference by gold jewellery buyers with the rising prices of the yellow metal. Talking to reporters on Wednesday in the national capital, O Asher, Managing Director of Malabar Gold and Diamonds, said, rising gold prices are driving customers to shift from 22-carat
Pune (Maharashtra) [India], May 26: In recent years, the gold loan has emerged as a trusted financial tool in India, especially for those who need quick access to funds to meet planned or urgent needs. By pledging 18-22 karat gold jewellery, borrowers can access funds starting from Rs. 5,000
Former Haryana Chief Minister and Congress leader Bhupinder Singh Hooda criticised the Haryana government on Tuesday over a series of issues, including the hike in farm loan interest rates, alleged spying for Pakistan, and governance decisions.
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