India cuts policy rate for the first time in nearly five years, new central bank governor Malhotra says
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has offered room to stimulate the slowing economy. The Monetary Policy Committee decided to trim the repo rate by 25 basis points to 6.
The UBI stated, "MPC revised FY25 growth projection to 6.4 per cent from 6.6 per cent previously even as it projects recovery ...
Diversified products maker 3M India reported a 16% fall in its third-quarter profit on Friday, as inflationary pressures ...
The Reserve Bank of India (RBI) on Friday projected the retail inflation at 4.2 per cent for next financial year beginning April while retaining the forecast for 2024-25 at 4.8 per cent. Unveiling the ...
RBI projects retail inflation at 4.2% for next fiscal year, citing good crop prospects and global uncertainties.
India’s latest budget introduces one of the most significant tax cuts in decades, boosting disposable income & supporting ...
However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...
Households’ median perception of current inflation declined marginally by 10 basis points (bps) to 8.3 per cent, as compared ...
Foreign institutions have been selling Asian equities hand over fist since late fall, when the probability of a second Donald ...
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