Investment Archives - Page 20 of 95

Investment

April 9, 2025 10:04 PM

Bank of India, UCO Bank cut lending rates after RBI repo rate slash

Hours after the Reserve Bank of India (RBI) announced a 25 basis point cut in the repo rate, two major public sector banks — Bank of India and UCO Bank — on Wednesday reduced their lending rates, bringing relief to both existing and new borrowers...

April 9, 2025 7:49 PM

China retaliates as Trump trade tariffs kick in

China will impose 84% tariffs on U.S. goods from Thursday, up from the 34% previously announced, its finance ministry said on Wednesday, firing the latest salvo in a global trade war sparked by U.S. President Donald Trump. Trump's "reciprocal" tarif...

April 9, 2025 4:28 PM

Sensex slips 380 points amid US Tariff concerns; RBI cuts repo rate to 6%

The Indian stock market ended in negative territory on Wednesday, weighed down by weak global cues and concerns over fresh US trade tariffs, despite a repo rate cut by the Reserve Bank of India (RBI). The central bank’s Monetary Policy Committee (...

April 9, 2025 2:37 PM

RBI cuts inflation forecast to 4% for FY26 on improved food outlook

The Reserve Bank of India (RBI) has revised its inflation forecast for 2025-26 to 4.0%, down from 4.2%, citing a significant improvement in the food inflation outlook, RBI Governor Sanjay Malhotra said on Wednesday. “Headline inflation moderated i...

April 9, 2025 10:56 AM

RBI revises FY25-26 GDP growth estimate to 6.5% amid tariff hurdles

India's real GDP growth forecast has been revised downwards to 6.5% for the current financial year 2025-26, from the earlier expectation of 6.7%, as highlighted by Reserve Bank of India (RBI) Governor Sanjay Malhotra during the policy announcement on...

April 8, 2025 6:27 PM

Global Investment Leaders Converge as AIM Congress 2025 Gains Momentum in Abu Dhabi

The second day of the Annual Investment Meeting Congress (AIM Congress 2025) kicked off at the Abu Dhabi National Exhibition Centre today, as the premier global platform continues to facilitate crucial dialogues on foreign direct investment and econo...

April 8, 2025 4:05 PM

PLI boost: India’s smartphone exports cross Rs 2 lakh crore for 1st time in FY25

India's smartphone exports reached a new milestone in the financial year 2024–25 (FY25), surpassing ₹2 lakh crore for the first time, Union Minister for Electronics and IT, Ashwini Vaishnaw, announced on Tuesday. In a post on X, the minister des...

April 8, 2025 3:48 PM

Battered world markets bounce back but mood is still fragile

World markets won a reprieve on Tuesday after three days of heavy selling that wiped trillions of dollars off the value of shares, but the mood was cautious with a focus on whether Washington might negotiate on some of its aggressive tariffs. Asia s...

April 8, 2025 2:58 PM

RBI’s policy easing likely to support 10.8% credit growth in FY 2026: ICRA

The Reserve Bank of India's recent monetary policy easing is expected to support year-on-year credit growth of around 10.8% in FY2026, amounting to an expansion of ₹19 lakh crore to ₹20.5 lakh crore, according to a report by ratings agency ICRA r...

April 7, 2025 8:50 PM

LPG price hiked by Rs 50 per cylinder from April 8

The Centre has announced a hike in the price of domestic LPG cylinders by Rs 50, effective from April 8. The revised rates apply to both subsidised and non-subsidised 14.2 kg cylinders, including beneficiaries under the Pradhan Mantri Ujjwala Yojana ...

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