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Stocks marginally up Wednesday, investors now await RBI monetary policy
Updated : 2 years, 1 month ago IST
Indian stock indices were marginally higher at Wednesday's opening bell, tracking positive cues from overnight US markets and the latest return of foreign portfolio investors.
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Indian stocks muted at Tuesday opening bell; investors eye RBI policy meet
Updated : 2 years, 1 month ago IST
Going ahead into this week, investors will keep track of the three-day RBI monetary policy meeting that starts today. The RBI typically conducts six bimonthly meetings in a financial year, where it deliberates interest rates, money supply, inflation outlook, and various macroeconomic indicat
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India's wholesale inflation remains in positive territory; 0.73% in Decemb
Updated : 2 years, 1 month ago IST
Wholesale inflation in India, based on the Wholesale Price Index, remained in positive territory for the second month after remaining in the negative zone for the seventh straight month until October.
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India poised to be most resilient economy, grow at 7.4-7.5pc in 2023-24: i
Updated : 2 years, 2 months ago IST
The industry body's analysis was based on key macroeconomic indicators, including GDP growth, export growth, gross national savings, total investments, and the debt-to-GDP ratio.
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UPI transaction limit to hospitals, education institutes raised to Rs 5 la
Updated : 2 years, 3 months ago IST
The limit for UPI transactions to hospitals and educational institutions has been raised by the Reserve Bank of India (RBI), from Rs 1 lakh to Rs 5 lakh per transaction.
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Indian stocks in green ahead of RBI monetary policy outcome
Updated : 2 years, 5 months ago IST
Indian stock indices extended gains from the previous session, with financial market participants closely monitoring the outcome and the policy stance of the central bank RBI to be announced at 10 am today, for fresh cues.
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RBI to release monetary policy statement on Friday, pause in repo rate lik
Updated : 2 years, 5 months ago IST
he Reserve Bank of India (RBI) will on Friday announce its bimonthly monetary policy statement which is closely watched by financial market participants
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RBI monetary policy review meeting commences, another pause in repo rate l
Updated : 2 years, 5 months ago IST
The three-day bi-monthly monetary policy committee (MPC) meeting of the RBI started on Wednesday with financial market participants set to closely monitor the outcome and the policy stance of the central bank
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Expect status quo by RBI in October policy meeting: SBI Research
Updated : 2 years, 5 months ago IST
RBI in its past three meetings – April, June, and August -- held the repo rate unchanged at 6.5 per cent. The repo rate is the rate of interest at which RBI lends to other banks.
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RBI raises transaction limit for offline UPI Lite payments from Rs 200 to
Updated : 2 years, 7 months ago IST
As part of its continuous bid to deepen the reach and use of digital payments in the country, the Reserve Bank of India on Thursday proposed to enhance the per transaction limit for UPI Lite digital payments in off-line mode from Rs 200 to Rs 500.
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RBI proposes to introduce UPI payments through AI conversations
Updated : 2 years, 7 months ago IST
RBI Governor Shaktikanta Das, as part of its post monetary policy meeting remarks earlier today, said it will enable users to engage in conversation with AI-powered systems to make payments.
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RBI maintains repo rate but raises inflation forecast; experts have this t
Updated : 2 years, 7 months ago IST
The Reserve Bank of India in its three-day monetary policy committee meeting unanimously decided to keep the repo rate unchanged at 6.5 per cent – for the third time in a row, something most financial market experts had expected.
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