Pune (Maharashtra) [India], June 20: The most essential feature that compels individuals to invest in FD is its stable interest rate. It is not exposed to market volatilities. Depositors can grow their money in a secure way since the interest rate they get remains unchanged. This is also the
Ishaq Dar said that the prices of petrol and diesel will remain unchanged. The decision to keep the petroleum products prices unchanged is taken in view of international rates, according to ARY News.
The country remains mired in political and economic crises, amid punishing inflation that neared 38 per cent in May. On Monday, the central bank left its benchmark rate unchanged at a record-high 21 per cent, saying it thinks inflation has "peaked."
Delhi NCR [India], June 10: The recent decision by the Reserve Bank of India (RBI) not to hike the repo rate unchanged has been met with appreciation. While the current rate of 6.5 per cent is at its highest in four years and impacts affordable housing, the momentum gained by the realty sect
"The RBI decision to pause was largely on expected lines. The communication was nuanced and tailored to anchor market expectations for the future in terms of a durable glide path of inflation. The bouquet of policy changes on the development front covers a wide spectrum and prioritizes re
Unchanged repo rate as was expected, lowering of inflation projection, and retention of previously forecasted GDP numbers for 2023-24 were some of the key highlights from the three-day RBI monetary policy review meeting.
Investors eye policy outcome of the meeting, headed by RBI governor Shaktikanta Das, to be announced Thursday. A majority of analysts expect the RBI will continue to keep the repo rate unchanged at 6.5 per cent.
Indian stock indices traded on a positive note Monday morning, extending gains from the previous week on expectations that the RBI will continue to keep the repo rate unchanged in its upcoming monetary policy review meet later this week.
OPEC described the move as aiming to "achieve and sustain a stable oil market, and to provide long-term guidance for the market, and in line with the successful approach of being precautious, proactive and preemptive," in a press release, The Hill reported.
Oil marketing companies generally revise the LPG prices on the first day of every month. The prices of domestic cooking gas vary from state to state depending on local taxes.
BSE 30-share Sensex went up 123 points to settle at 62,969.13 and NSE Nifty surged 32 points and ended at 18,633.85 on Tuesday. According to data, about 1,640 shares advanced, 1,766 shares declined, and 112 shares unchanged.