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- May 18th, 2024
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[ad_1] The RBI’s six-member monetary policy committee kept the policy repo rate on hold at 6.50 per cent at its first meeting of FY25 as retail inflation remains above its 4 per cent target. It persisted with its “withdrawal of...
[ad_1] Benchmark indices traded marginally lower on Fridayâs morning trade. BSE Sensex traded at 74,063.24, down by 164.39 or 0.22 per cent as of 9.30 am, and Nifty 50 traded at 22,478.55, down 36.10 or 0.16 per cent.The Reserve Bank...
[ad_1] Foreign portfolio investors (FPIs) are in a bind over the new currency derivatives diktat from the Reserve Bank of India (RBI), even as the deadline for the applicability of the circular has been extended from April 5 to May...
[ad_1] Indian households are moving their savings from financial assets to real assets, says V Anantha Nageswaran, Chief Economic Advisor to the Government of India. He said this in response to a question about the increase in household financial liabilities alongside...
[ad_1] The government will kickstart its FY25 borrowing programme on April 5 by auctioning three dated securities, including a new 10-year government security (G-Sec) for raising ₹38,000 crore even as RBI said all G-Sec auctions will be conducted using multiple...
[ad_1] Indian equities started the new financial year on a strong note, hitting fresh highs, amid positive global cues. The Sensex ended with a gain of 363 points, or 0.49 per cent, at 74,014. The Nifty rose to 22,462, up...
[ad_1] The RBI may again keep the key interest rate unchanged in April as it is likely to focus more on bringing down inflation to the four per cent target after concerns over economic growth abated with GDP growth estimated...
[ad_1] The Reserve Bank of India's interest rate decision, macroeconomic data and global trends will drive investors' sentiment this week, with markets hoping to continue the positive momentum after ending FY24 on a buoyant note, analysts said.In addition, the trading...
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