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2 mins read
Repo rate cut unlikely in ongoing MPC meeting, but RBI may change it during October policy review: Experts
The Reserve Bank of India (RBI) has started its three-day monetary policy committee (MPC) meeting i…
ANI
2 mins read
India's Services Index jumps to 58.5 in October as employment grows the fastest in 26 months
India's services sector witnessed a robust performance in October, as the Service PMI index surged …
2 mins read
RBI expected to begin rate cuts in October, with two reductions this fiscal: Crisil
The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that ext…
ANI
2 mins read
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…
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 …
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
2 mins read
McDonald's sales dropped for the 2nd quarter in a row as customers keep tightening their belts
Global sales at the Golden Arches fell 1.5%, driven by international markets, especially France, th…
Nora Redmond
2 mins read
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
4 mins read
This tiny country says it will give $500 to every adult as an Exxon oil boom supercharges its economy
Guyana, the world's fastest-growing economy after a huge Exxon discovery, is tapping its oil wealth…
Theron Mohamed
3 mins read
RBI unlikely to cut interest rate in 2024, food inflation to be deciding factor, says SBI chief Setty
The US Federal Reserve's first cut in interest rates in more than four years happened today, tr…
3 mins read
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 …
2 mins read
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…
2 mins read
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
1 min read
Inflation was hotter than expected in September, but continued its downward trend
September's consumer price index was expected to show inflation still cooling.
Madison Hoff
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
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…
2 mins read
Stock market today: Indexes slip as traders digest GDP and inflation data ahead of more big earnings
GDP rose 2.8% last quarter, while PCE inflation was 2.2% in September. Traders are bracing for earn…
Filip De Mott
3 mins read
Why the October jobs report on Friday could sink the market's soft-landing narrative
"There's really not much evidence that the labor market's meaningfully inflected higher in Septembe…
William Edwards
2 mins read
October is becoming the new Black Friday
Faced with deal-seeking shoppers and a late Thanksgiving, retailers including Amazon, Target and Wa…
Dominick Reuter
2 mins read
5 reasons why inflation will be stickier than expected going forward, Deutsche Bank says
The firm says geopolitical turmoil has pushed commodity prices higher, and global interest-rate cut…