The Reserve Bank's tough decision of a 25-basis points rate cut tilts towards stimulating consumption over currency stability ...
The rate pivot by the MPC is a welcome measure, which will give markets some confidence that the RBI is also committed to ...
Indian shares ended slightly lower on Friday as the Reserve Bank of India (RBI) reduced its key interest rates for the first time in ...
As per provisional closing, the barometer index, the S&P BSE Sensex, declined 197.97 points or 0.25% to 77,860.19. The Nifty 50 index lost 43.40 points or 0.18% to 23,559.95.
Lower interest rates generally push bond prices higher as investors lock in better yields from existing bonds. However, ...
The repo rate cut is expected to boost India’s power demand, besides making it easier for power companies to finance new ...
It’s the big Reserve Bank of India announcement which was eclipsed by the Repo Rate cut. Despite cutting key interest rates after nearly five years, the RBI’s Monetary Policy Committee decided to keep ...
The NSE Nifty 50 and BSE Sensex were trading almost flat early on Friday ahead of the Reserve Bank of India’s (RBI) Monetary ...
Initiative is designed to mitigate fraud in digital transactions and create a more secure online financial ecosystem ...
The decision was in line with a Reuters poll, where over 70% of economists had predicted a quarter-point reduction, and marked the first reduction in India's key rate since May 2020 ...
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