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Sensex slumps 482 points; IT, energy, banking stocks slide
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 11 (ANI): The Indian equities markets benchmark Sensex slumped 482 points on Monday dragged by heavy selling pressure in IT, energy and banking and financial stocks.
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Sensex dips 325 points; IT, energy stocks slump
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 11 (ANI): The Indian equities markets benchmark Sensex slumped 325 points on Monday dragged by heavy selling pressure in IT, FMCG and energy stocks.
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RBI may shift focus to inflation, start hiking policy rates from August
Updated : 3 years, 11 months ago IST
New Delhi [India], April 9 (ANI): The Reserve Bank of India (RBI) has maintained the policy repo rate at a record low of 4 per cent for almost the past two years in order to support economic growth, hit by COVID-19 pandemic. Although in the first policy review of the current financial yea
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There is no rupee-rouble trade platform, clarifies RB
Updated : 3 years, 11 months ago IST
New Delhi [India], April 9 (ANI): Reserve Bank of India (RBI) has clarified there is no platform to facilitate rupee-rouble trade and the central bank is in discussion with all the stakeholders in this regard.
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India's forex reserves slump by $11.17 billion; steepest fall ever
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 9 (ANI): India's foreign exchange (forex) reserves dipped by $11.17 billion in the week ended April 1, the steepest weekly fall ever, due to a sharp plunge in foreign currency assets, the Reserve Bank of India (RBI) data showed.
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Real estate sector to benefit from RBI's status quo on policy rates
Updated : 3 years, 11 months ago IST
New Delhi [India], April 8 (ANI): The Reserve Bank of India's decision to keep the policy repo rate at a low level of 4 per cent will benefit the real estate sector, industry experts said.
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Sensex surges 412 points as RBI keeps policy rates unchanged
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 8 (ANI): The Indian equities markets benchmark Sensex jumped 412 points on Friday led by a strong buying support in the index heavyweight Reliance Industries as the Reserve Bank of India (RBI) kept key policy rates unchanged in its first monetary policy
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RBI keeps policy rates unchanged; raises inflation forecast, lowers growth
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 8 (ANI): In the first monetary policy review of the financial year 2022-23, the Reserve Bank of India (RBI) on Friday kept key policy interest rates unchanged for the 11th time in a row and sharply raised inflation projection and lowered growth forecast du
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Card-less cash withdrawal to be made available at all ATMs: RBI
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 8 (ANI): The Reserve Bank of India (RBI) on Friday proposed to make card-less cash withdrawal facility available across all banks and automated teller machine (ATM) networks using unified payments interface (UPI).
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RBI raises inflation forecast for FY 2022-23 to 5.7 per cent
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 8 (ANI): The Reserve Bank of India (RBI) on Friday revised upward the inflation forecast for the current financial year to 5.7 per cent from its earlier projection of 4.5 per cent announced in February.
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RBI cuts real GDP growth projection to 7.2 pc for FY 23
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 8 (ANI): While maintaining an accommodative stance, the Reserve Bank of India (RBI) on Friday cut the real Gross Domestic Product (GDP) growth projection for the current Financial Year 2022-23 to 7.2 per cent, against the earlier projection of 7.8 per c
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RBI keeps repo, reverse repo rates unchanged for 11th time in row
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 8 (ANI): Reserve Bank of India's (RBI) Monetary Policy Committee on Friday voted to keep the benchmark repo and reverse repo rates unchanged for the 11th consecutive time.
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