Though the RBI cut the Repo rate, the markets were not very enthused as the reduction was on the expected lines and they were hoping for a change in the stance from neutral with more liquidity ...
Gujarat High Court has dismissed a contempt petition filed against ArcelorMittal Nippon Steel India. The court not only ...
The culmination of fiscal measures by the government and monetary policy easing by the RBI should support achieving desired ...
Highlights: The Reserve Bank of India has cut repo rate by 25 bps to 6.25% for the first time in nearly five years. RBI's ...
RBI has reduced the repo rate by 25 basis points, providing relief to home loan borrowers. The repo rate cut could lead to ...
The Monetary Policy Committee (MPC) of Reserve Bank of India (RBI), under the leadership of new Governor Sanjay Malhotra, ...
The MPC reduced the repo rate by 25 basis points to 6.25%, marking the first rate cut since May 2020. The committee ...
IST, the barometer index, the S&P BSE Sensex, added 228.58 points or 0.29% to 78,293.57. The Nifty 50 index rose 78.55 points or 0.33% to 23,681.85.
- Japan 5-year bond yields rose a further 2.5bps to 0.96%, 2-yrs up to nearly 0.80% and 10-years +2.5bps back to 1.292%, with the July BoJ OIS chance of 25bp hike now at 77.5% (v 75.5% day earlier).
"MPC policy is a force of interest for many, it impacts lives of all citizens of the country. MPC resolution provides rationale and thought process of the committee," said Governor Malhotra during his ...
Committee reduces policy rate to 6.25%, aims for inflation alignment and growth support amid global uncertainties.
Repo rate cut leads to cheaper loans and increased money supply, benefiting common people with lower interest rates. Details ...