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Retail inflation expected to breach 6% mark in October, says UBI Report

The continued spurt in food prices and fading of the high base effect likely led to a spike in Octo…

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SBI economists see Q2 GDP growth slowing down to 6.5%; FY25 growth to be closer to 7%

Economists at SBI predict a dip in India's GDP growth to 6.5% for the September quarter, citing pre…

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US Fed cuts interest rates by 25 bps, Powell notes Trump's victory to have no impact on policy decisions

The US Federal Reserve cut interest rates for the second time this year, lowering them to 4.5-4.75%…

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4 mins read

Status-quo on interest rate likely, say experts ahead of RBI's policy review

The Reserve Bank of India is expected to maintain the current repo rate at 6.5% in its upcoming pol…

PTI   


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RBIs MPC meet concludes today: Repo rate left unchanged at 6.5%

Treading along expected lines, RBI rate-setting panel left the repo rate unchanged at 6.5% for the …

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RBI MPC announcement today: Rates unlikely to change, RBI may change stance to neutral

The Reserve Bank of India (RBI) is set to conclude the three-day Monetary Policy Committee (MPC) me…

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S&P retains India's growth forecast at 6.8%, expects RBI to cut rates in Oct

S&P said the Union Budget in July outlined that the government remains committed to fiscal consolid…

PTI   


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RBI unlikely to cut interest rate in 2024, food inflation to be deciding factor, says SBI chief Setty

T​​​​he US Federal Reserve's first cut in interest rates in more than four years happened today, tr…

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6 mins read

Simply Put: Boom or bust — how RBI’s decision to leave rates unchanged affects homebuyers

The RBI keeps repo rates at 6.5% for the 10th time despite global rate cuts. This decision affects …

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3 mins read

India to see solid domestic demand for the next 2 years, to grow at the rate of 6.5%-7%

The OECD report projects stable economic growth for emerging G20 economies, including India. India'…

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3 mins read

Wholesale Price Index records 1.84% inflation in September 2024 amid rising food prices

In terms of the overall WPI, the index for all commodities reached 154.6 in September 2024, registe…

ANI   


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RBI unlikely to cut interest rate in 2024: SBI chief Setty

"On the rate front, a lot of central banks are taking independent calls. While Fed rate cut wou…

PTI   


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4 mins read

RBI leaves repo rate unchanged. What does this mean for you?

This is a good time to invest in high-yield fixed deposits and other debt instruments. That's becau…

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2 mins read

RBI may shift monetary stance to 'Neutral', rate cuts likely by December 2024: Nuvama

The Reserve Bank of India (RBI) will shift its monetary stance to 'neutral' from the current 'withd…

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1 min read

SBI report projects 8-10% depreciation in rupee during Trump’s second tenure as US President

The State Bank of India predicts the Indian rupee could depreciate by 8-10% against the US dollar i…

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3 mins read

India’s economic growth expectedly slows to 6.7% in Q1 — lowest in the last five quarters

India's GDP growth slowed to a 15-month low of 6.7% in the first quarter of FY 2024-25 due to weake…

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3 mins read

RBI to focus on disinflation, food inflation sticky to core, note RBI's MPC minutes

The fiftieth meeting, conducted under Section 45ZB of the RBI Act, 1934, ended with the decision to…

ANI   


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Rupee falls 1 paisa to all-time low of 84.40 against US dollar in early trade

The Indian Rupee hit a new all-time low against the US dollar, reaching 84.40 due to foreign fund o…

PTI   


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India likely to grow at 7.2% in FY25, says RBI deputy governor

India's rising working-age population and digital advancements are pivotal in this growth.

PTI   


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RBI keeps repo rate unchanged at 6.5%: What is repo rate and how it affects you

Reserve Bank of India's Monetary Policy Committee announced maintaining the repo rate at 6.5% for t…