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India's forex reserves rise for second consecutive week
Updated : 1 year, 1 month ago IST
India's foreign exchange reserves extended their gains for the second straight week, after having slumped for about four months.
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Expect 75 basis points repo rate cut cumulatively in 2025: Bank of Baroda
Updated : 1 year, 1 month ago IST
The monetary policy committee of RBI will cut repo rate by another 75 basis points in the year 2025, Bank of Baroda said in a note.
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Cheaper loans better for trade, industry: Congress leader Rajeev Shukla on
Updated : 1 year, 1 month ago IST
Congress leader Rajeev Shukla on Friday welcomed RBI's decision to reduce repo rate by 25 basis points (bps) to 6.25 per cent and said that it will help trade and industry as loans will get cheaper.
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Affordable housing to get boost from repo rate cut, tax exemption relief:
Updated : 1 year, 1 month ago IST
Real estate leader Niranjan Hiranandani said affordable housing segment will get yet another boost with the reduction in repo rate by the RBI monetary policy committee.
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RBI rate cut fails to cheer markets, amid volatility; Sensex, Nifty close
Updated : 1 year, 1 month ago IST
The BSE Sensex declined by 197.97 points, closing at 77,860.19, while the NSE Nifty lost 43.40 points, ending the session at 23,559.95. Out of the Nifty 50 stocks, 28 advanced while 23 declined.
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Industry welcomes rate cut by RBI, expects bigger cut in near term
Updated : 1 year, 1 month ago IST
Chandrajit Banerjee, Director General, CII, said, "The recent series of liquidity easing measures introduced over the past two weeks will aid in the effective transmission of the rate cut to the productive sectors of the economy. Additionally, the RBI's indication that it will inject liquidi
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"Would like to stick my neck out and say India certainly can achieve 7% pl
Updated : 1 year, 1 month ago IST
RBI Governor Sanjay Malhotra on Friday said India can certainly achieve 7 per cent or above growth and that should be what the country should aspire for.
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Experts cheer repo rate cut, budgetary boost for real estate and investmen
Updated : 1 year, 1 month ago IST
In a move that is expected to boost residential real estate, business investments, and overall economic growth, experts have welcomed RBI's repo rate cut, combined with budgetary measures for real estate and investments -- a game changer for economic growth.
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Experts applaud RBI's repo rate cut as 'well-timed' and 'pro-growth' measu
Updated : 1 year, 1 month ago IST
Anshul Jain, Chief Executive, India, SEA & APAC Tenant Representation at Cushman & Wakefield, described the move as "well-timed and much-needed," particularly as CPI inflation eases and Q2-FY25 GDP growth slows.
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RBI announces exclusive '.bank.in' domain to tackle financial frauds, expa
Updated : 1 year, 1 month ago IST
Malhotra stated, "The Reserve Bank shall implement the bank.in exclusive Internet domain for Indian banks."
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RBI projects GDP growth at 6.7% for FY26; Inflation in FY25 to remain at 4
Updated : 1 year, 1 month ago IST
On the inflation front, RBI expects Consumer Price Index (CPI) inflation to ease to 4.8 per cent in FY25, with Q4 FY25 inflation projected at 4.4 per cent. For FY26, inflation is forecasted at 4.2 per cent, with quarterly estimates as Q1 FY26: 4.5 per cent, Q2 FY26: 4.0 per cent, Q3 FY26:
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RBI cuts repo rate by 25 bps to 6.25% in first policy review under Governo
Updated : 1 year, 1 month ago IST
Malhotra highlighted the challenges posed by the global economic landscape, noting that while high-frequency indicators suggest resilience and expansion in trade, overall global growth remains below historical averages. "Progress on global disinflation is stalling, hindered by services pr
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