October 10, 2024 10:37 AM
Following the Reserve Bank of India's (RBI) forecast of over 7% GDP growth for the entire financial year 2024-25, a recent State Bank of India (SBI) report has highlighted that such a scenario of rate cuts accompanying high growth rates has rarely, i...
October 9, 2024 11:48 AM
The Reserve Bank of India (RBI) on Wednesday kept the policy repo rate steady at 6.5% for the tenth time in a row. Following the Monetary Policy Committee (MPC) meeting, RBI Governor Shaktikanta Das announced that the decision was supported by five o...
October 7, 2024 10:10 AM
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), led by Governor Shaktikanta Das, is set to meet on Monday to determine key interest rates. The committee will focus on factors such as inflation trends, global economic challenge...
October 4, 2024 9:44 PM
India's foreign exchange reserves have reached an unprecedented milestone, crossing the USD 700 billion mark for the first time. According to data released by the Reserve Bank of India (RBI) on Friday, the reserves surged by USD 12.588 billion in the...
October 3, 2024 3:23 PM
The Reserve Bank of India (RBI) is unlikely to announce any rate cuts in its upcoming monetary policy meeting, according to a report by the State Bank of India (SBI). The report cites India's strong economic growth, potentially exceeding its long-ter...
September 20, 2024 12:24 PM
The BSE Sensex crossed the 84,000 mark for the first time on Friday, gaining 1,000 points in just eight days after touching 83,000 on September 12. Market experts attribute this strong rally in Indian markets to heightened investor optimism, spurred...
September 19, 2024 9:53 PM
Despite India being a leader in digital financial transactions, cash currency in circulation has more than doubled over the last eight years. As per Reserve Bank of India (RBI) data, since the demonetization of Rs 1000 and Rs 500 notes in 2016, the c...
August 30, 2024 10:24 PM
The Indian economy expanded by 6.7% in real terms during the April-June quarter of the financial year 2024-25, as reported by the Ministry of Statistics and Programme Implementation on Friday. This growth rate is lower than the 7.1% forecast made by ...
August 22, 2024 10:00 PM
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) meeting, held from August 6 to 8, was marked by careful deliberation on inflation and growth challenges. The committee decided to keep the policy repo rate unchanged at 6.5%, maintaini...
July 18, 2024 2:29 PM
The Federation of Indian Chambers of Commerce & Industry (FICCI) has forecasted a 7.0% annual median GDP growth for India in the fiscal year 2024-25, according to its latest Economic Outlook Survey. "Despite persisting headwinds, India's economi...
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