Retail inflation in India having moderated sharply in April substantiated the Reserve Bank of India's (RBI) decision to pause the repo rate in its first 2023 monetary policy meeting, according to SBI Research.
The Reserve Bank of India is likely to keep the repo rate on hold for now as inflation figures seem to be under control and any reduction in the key interest rate is expected only in the early part of 2024, Morgan Stanley said in a report.
The Reserve Bank of India, in its first monetary policy review meeting in 2023-24, decided to keep the key benchmark interest rate - the repo rate - unchanged at 6.5 per cent, to assess the effects of the policy rate tightening done so far.
The Reserve Bank of India, in its first monetary policy review meeting in 2023-24, decided to keep the key benchmark interest rate - the repo rate - unchanged at 6.5 per cent.
Indian stock indices extended their gains, though marginally, on Wednesday as investors at large are eyeing the outcome of the three-day Reserve Bank of India's monetary policy committee meeting -- the first in 2023-24 which started Monday.
The monetary policy committee of the Reserve Bank of India, when it announces the outcome of the ongoing policy meeting on Thursday morning, is likely to hike the repo rate by 25 basis points (100 basis points is equivalent to 1 percentage point), according to advisory firm Emkay Global Fina
Indian stocks traded largely steady Monday morning as investors at large are eyeing the outcome of the three-day Reserve Bank of India's monetary policy committee meeting, the first in 2023-24, starting today.
"U.S. stock indexes finished sharply higher on Wednesday, helped by a rally in technology shares and easing concerns about stress in the banking sector. Appetite for risk was evident on Wednesday as investors were more relaxed about the health of the bank sector and the prospects for the
With expected headwinds from the economic slowdown and inflationary pressure in 2023, investors must factor into those aspects before jumping into an investment decision - including for the real estate assets, said real estate consultancy firm Anarock.
In the just concluded three-day monetary policy committee meeting, the RBI decided to raise the repo rate, the rate at which the RBI lends money to all commercial banks, by 25 basis points to 6.5 per cent.