October 23, 2024, 06:52 PM - 3 min read
The Reserve Bank of India (RBI) recently held a crucial meeting of its Monetary Policy Committee (MPC) to discuss the nation's economic outlook and inflationary pressures.
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October 9, 2024, 01:43 PM - 4 min read
While inflation is projected to moderate in Q4 FY25, factors like volatile crude oil prices, weather events and international geopolitical tensions remain concerns.
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October 6, 2024, 03:07 PM - 3 min read
Earlier this month, the government reconstituted the Reserve Bank's rate-setting panel -- Monetary Policy Committee (MPC). The reconstituted panel, with three newly appointed external members, will commence its maiden meeting on Monday.
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October 5, 2024, 04:21 PM - 3 min read
The Reserve Bank of India (RBI) will shift its monetary stance to 'neutral' from current 'withdrawal of accommodation' in credit policy this month, and is likely to maintain the repo rate at 6.5 per cent in its upcoming sitting.
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September 7, 2024, 02:49 PM - 4 min read
The RBI is expected to maintain its policy rate until late FY25, diverging from global central banks that are moving towards rate cuts, while India's growth remains steady at 7% for FY25 amid easing global inflation and shifting economic conditions.
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August 8, 2024, 12:59 PM - 2 min read
The Reserve Bank of India kept its benchmark repo rate at 6.50% for the ninth consecutive meeting, focusing on controlling persistent high food inflation. With inflation at 5.08%, the RBI remains vigilant to avoid economic spillovers. It retained India's GDP growth forecast at 7.2% and inflation at 4.5%, while anticipating potential policy changes by October based on economic trends.
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August 4, 2024, 04:02 PM - 2 min read
The RBI is expected to maintain the repo rate at 6.5% during its August meeting, citing persistent inflation and stable economic growth, with potential for rate cuts later if inflation decreases. The decision aligns with the US Federal Reserve's stance on maintaining interest rates.
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June 7, 2024, 10:53 AM - 2 min read
Announcing the second bi-monthly monetary policy for the current financial year, RBI Governor Shaktikanta Das said the Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 6.5 per cent.
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June 6, 2024, 08:11 PM - 2 min read
RBI Governor Shaktikanta Das is expected to maintain the repo rate at 6.5% amid inflation concerns, despite other central banks cutting rates. The Monetary Policy Committee's decision, influenced by ongoing economic growth, will be announced after deliberations concluding Friday morning.
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April 5, 2024, 04:59 PM - 2 min read
The Nifty Realty index emerged as the top gainer, surging over a percent on the back of robust pre-sales momentum and the government's focus on infrastructure spending. The Bank Nifty also exhibited bullish behavior, gaining 0.9 percent. However, the Nifty Auto index witnessed subdued performance.
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April 5, 2024, 11:40 AM - 2 min read
The impact may vary slightly depending on whether your home loan is on a fixed or floating interest rate. Fixed rates are not directly affected by repo rate changes during the fixed period. However, floating rates tend to adjust with changes in the repo rate.
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April 4, 2024, 05:01 PM - 2 min read
The bullish momentum was predominantly steered by robust gains in finance and technology stocks, setting a positive tone ahead of the Reserve Bank of India's (RBI) much-awaited repo rate announcement scheduled for the following day.
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