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India's foreign exchange reserves topped $700 billion last week to hit a 9-month high, which, alongside the central bank's ...
The Indian rupee edged higher on Wednesday, as global markets steadied after a ceasefire between Iran and Israel held, ...
The RBI on Friday cut repo rate by a higher-than-expected 50 basis points to prop up growth, which has slowed to a four-year low of 6.5 per cent in FY25. Following the rate cut, the key policy ...
(MENAFN - IANS) Mumbai, April 8 (IANS) Measures taken by the Reserve Bank of India (RBI) to ease the monetary policy in recent months are expected to support a year-on-year credit expansion of ...
Mumbai: The RBI under new Governor Sanjay Malhotra on Friday cut interest rate for the first time in nearly five years as the central bank pivoted the policy stance to support a shuttering economy ...
The Reserve Bank further said if after the open offer, Burmans' shareholding in the REL "falls below 26 per cent, prior approval of RBI will be required to increase the shareholding of the ...
New Delhi, Dec 10 (PTI) The Reserve Bank has approved the open offer of Burman family -- the promoters of FMCG major Dabur -- to acquire an additional 26 per cent stake in NBFC firm Religare ...
The meeting, which commenced on October 7, has drawn considerable attention as the RBI has consistently held the repo rate at 6.50 per cent over the past nine meetings, carefully balancing ...
Reserve Bank of India (RBI) Governor Shaktikanta Das announced during the Monetary Policy Committee (MPC) meeting that the central bank has decided to keep the policy repo rate unchanged at 6.5 ...
The RBI had last changed rates in February 2023, when the repo rate was hiked to 6.5 per cent. The RBI raised rates by 2.5 per cent between May 2022 and February 2023 after which they have been ...
The RBI's repo rate, since its last increase in February 2023 is currently held at 6.50 per cent. It is widely anticipated to remain unchanged for the eighth consecutive bi-monthly policy review.
RBI Governor Shaktikanta Das said the GDP growth in the first quarter of 2024-25 is likely to be at 7.3 per cent, 7.2 per cent in Q2, 7.3 per cent in Q3, and 7.2 per cent in the last quarter.
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