The composition of the Cabinet Committee on Security remains unchanged in the new BJP-led NDA government with Union Ministers Rajnath Singh, Amit Shah, Nirmala Sitharaman and S Jaishankar retaining their portfolios of Defence, Home, Finance and External Affairs
Delhi-NCR [India], June 10: For the eighth consecutive time, the RBI has decided to keep the repo rate unchanged at 6.5%. This decision, combined with optimistic GDP growth projections, massive infrastructural development, an increased pace of project launches, and robust demand, is expected
The Reserve Bank of India's (RBI) decision to keep the repo rate unchanged again is a boon for the Indian real estate sector, said real estate consultancy firm Anarock.
Indian markets continued their upward trend and Sensex touched all-time high after the Reserve Bank of India (RBI) announced on Friday that it would keep policy rates unchanged at 6.5 percent and Narendra Modi will again take oath of Prime Minister of India.
The RBI's Monetary Policy Committee (MPC) maintained the status quo on the Repo Rate, keeping it unchanged at 6.5 per cent. The decision comes amidst a backdrop of economic uncertainties both domestically and globally.
The US Federal Reserve, in its latest monetary policy meeting, voted to leave the key interest rate unchanged at 5.25-5.50 per cent, keeping the policy rate unchanged for the sixth straight time on the trot.
Along anticipated lines, RBI kept the policy repo rate unchanged at 6.50 per cent, the seventh time in a row. The repo rate is the rate of interest at which the RBI lends to other banks.
The Sensex concludes at 74,248, registering a marginal uptick of 21 points, while the Nifty50 closed unchanged at 22,514 during the Friday's trading session. Notably, gains in stocks like Kotak Bank, ITC, HDFC Bank, Bajaj Finserv, ICICI Bank, IndusInd Bank, and SBI helped cushion the downsid