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2 mins read

Monetary Policy Committee keeps repo rate unchanged at 6.5%, confirms RBI governor Shaktikanta Das

The Indian central bank’s rate-setting panel, the Monetary Policy Committee (MPC), has kept the rep…

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1 min read

India is building up gold reserves says RBI governor Shaktikanta Das

Reserve Bank Governor Shaktikanta Das on Friday said India has been building up gold reserves as pa…

PTI   


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3 mins read

With food inflation looming large, ‘shallow rate’ cuts expected only in Q3 FY25

The ongoing heatwave conditions, and projections of a harsher summer, are likely to impact India’s …

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Sensex, Nifty hit all-time peaks after RBI's highest-ever dividend announcement

Benchmark stock indices Sensex and Nifty rallied more than 1.6 per cent to close at lifetime high l…

PTI   


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Markets fall in early trade ahead of RBI policy announcement; Sensex tumble nearly 200 points

Benchmark equity indices Sensex and Nifty retreated from their record peaks and traded lower in ear…

PTI   


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India's retail inflation eases further in May; here's what experts say

Annual retail inflation in May was at a 12-month low of 4.75 per cent, marginally down from 4.83 pe…

ANI   


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Sensex, Nifty hit all-time closing high levels as RBI raises GDP growth projection

IT and interest rate-sensitive bank, realty, and auto stocks ended with sharp gains. The RB…

PTI   


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1 min read

Kotak Mahindra Bank shares decline over 4%; hit 52-week low

At the NSE, it went lower by 4.40 per cent to Rs 1,552.40 -- the 52-week low. Manian, who …

PTI   


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Rupee weighed down strong greenback, falls 27 paise to close at 82.05/USD

The Indian rupee fell 27 paise to close at 82.05 against the US dollar on Tuesday due to a strong g…

PTI   


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With FY25 fiscal deficit target at 5.1%, FM is gunning for ratings upgrade say experts

The biggest takeaway from the Finance Minister Nirmala Sitharaman’s interim Budget announcement is …

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Stock market closes flat after volatile trading on Thursday

Market sentiment on Thursday was subdued as investors awaited the first-quarter results of TCS and …

ANI   


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4 mins read

Explained: Is this the right time to invest in long duration debt funds?

With the Nifty surpassing 22,000 and the Sensex above 73,000, the bulls are making merry on Dalal S…

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3 mins read

RBI’s lower rate hike as expected, but Das’ commentary still hawkish, say analysts

RBI announced a 35-basis point rate hike on Wednesday, after three consecutive 50 bps rate hikes ea…

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2 mins read

Nifty, Sensex sees sharp slide after RBI credit policy

Indian stock markets which opened in the green in the morning trade, fell sharply after the central…

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Rupee gains 57 paise to close at 81.78 against US dollar

Parmar further noted that Spot USD/INR now has the support of 81.70, "the 50 per cent Fibonacci ret…

PTI   


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2 mins read

SBI Caps report highlights optimistic outlook for the Indian economy, despite deteriorating global pitch

State Bank of India (SBICAPS) report titled "Maintaining Momentum on a Deteriorating Global Pitch" …

ANI   


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1 min read

RBI directs credit information companies to appoint internal ombudsman

The RBI, in its Statement of Developmental and Regulatory Policies, on August 5, 2022 had called…

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3 mins read

RBI hikes repo rate by 50 basis point to 5.4% as inflation is still ‘uncomfortable’

Reserve Bank of India governor Shaktikanta Das today announced the third interest rate hike, from 4…

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1 min read

Financial literacy poor across urban, rural population in country: RBI survey

A general perception is that most of the rural population is not well-versed in digital banking in …

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4 mins read

Inflation is making Indian companies borrow more – that's bad news when interest rates are high

The interest rates were increased for the first time since 2018, ending an era of low interest r…