Reserve Bank of India (RBI) governor Sanjay Malhotra has announced the Monetary Policy Committee has cut the benchmark repo rate by 26 basis points.

ITC fell 2.07% to Rs 432.25 after the company reported 1.2% rise in net profit to Rs 5,638 crore on a 8.6% increase in net revenue to Rs 17,726 crore in Q3 FY25 as compared with Q3 FY24.

The RBI's MPC, in a unanimous decision, lowered the repo rate in a bid to stimulate economic activity by making borrowing cheaper, thereby encouraging spending and investment.

AMD (NASDAQ:AMD) might stand for Advanced Micro Devices, but among a jaded investor base, it is sometimes referred to as ...