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More accommodative stance for NBFCs, banks needed in RBI monetary policy:
Updated : 1 year, 1 month ago IST
The upcoming monetary policy announcement by the Reserve Bank of India (RBI) is expected to provide clarity on crucial aspects that will shape the financial services sector, according to a report by HSBC.
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Bhutan Army's Lt Gen Batoo Tshering lays wreath at Vijay Smarak in Kolkata
Updated : 1 year, 1 month ago IST
Lieutenant General Batoo Tshering, Chief Operations Officer (COO) of the Royal Bhutan Army (RBA), laid a wreath at the Vijay Smarak memorial at the Vijay Durg Eastern Command Army Headquarters in Kolkata on Thursday.
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Nifty, Sensex open flat as investors in wait and watch mode before RBI rat
Updated : 1 year, 1 month ago IST
Indian stock markets opened on a positive note on Thursday, with investors maintaining a cautious stance ahead of the Reserve Bank of India's (RBI) interest rate decision.
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RBI may cut Repo Rate by 25 bps on February 7: Bank of Baroda
Updated : 1 year, 1 month ago IST
The Reserve Bank of India (RBI) is expected to reduce the repo rate by 25 basis points (bps) in its upcoming monetary policy announcement on February 7, according to a report by Bank of Baroda.
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Buying by Central banks leads to record global gold demand; Jewellery dema
Updated : 1 year, 1 month ago IST
This surge was driven primarily by strong central bank purchases and increased investment demand. The combination of record-breaking gold prices and high volumes resulted in an all-time high total value of demand, reaching USD 382 billion.
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Despite income tax cuts, India on track for fiscal consolidation: S&P
Updated : 1 year, 1 month ago IST
Finance minister Nirmala Sitharaman on Saturday announced zero tax on income of up to Rs 12 lakh. The union government will forego a revenue of Rs 1 lakh cr because of this cut.
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CPI inflation likely to ease to 4.5 pc in Q4 FY25, 4.8 pc for full FY25: S
Updated : 1 year, 1 month ago IST
The country's retail inflation is expected to decline to 4.5 per cent in the last quarter (January-March) of the financial year 2024-25 (FY25), while the overall average inflation for the year is likely to be at 4.8 per cent, according to a recent report by the State Bank of India (SBI).
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RBI may use CRR as a regulatory intervention tool rather than liquidity ma
Updated : 1 year, 1 month ago IST
The Reserve Bank of India (RBI) may start using the Cash Reserve Ratio (CRR) more as a regulatory intervention tool rather than just a liquidity management tool in the future, according to a report by the State Bank of India (SBI).
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Economic Survey aligns with RBI's projection of inflation at 4.2% in FY26
Updated : 1 year, 1 month ago IST
The Economic Survey tabled in Parliament on Friday, aligns with RBI's projection of headline inflation for FY26 at 4.2 per cent and 4.8 per cent in the current fiscal ahead of the Union Budget to be presented on Saturday.
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Budget, RBI policy to steer India's economic growth in next 10 days: UBI
Updated : 1 year, 1 month ago IST
According to the report, both the government and the RBI are expected to announce crucial steps aimed at stimulating growth in the face of a slowing economy.
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Widened gap between credit and deposit requires further liquidity boost by
Updated : 1 year, 1 month ago IST
The Reserve Bank of India (RBI) should take further measures to boost liquidity says a report by the Union Bank of India.
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Indian stock markets stage set for a reversal in the coming days: Morgan S
Updated : 1 year, 1 month ago IST
Indian stock market is set for a reversal in performance in the coming days says a recent report by Morgan Stanley. The report highlighted several factors that indicate a potential recovery after a period of slowdown and uncertainty.
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