All six members voted unanimously for the rate cut while maintaining a neutral stance. The rate cut comes even as the past ...
This is the first meeting of the panel under the leadership of RBI Governor Sanjay Malhotra, who assumed office in December ...
Sharing the projections about inflation levels in the economy, Governor Sanjay Malhotra said that the retail inflation rate for the 2024-25 fiscal year (FY25) is now estimated to be at 4.5 per cent.
Governor Malhotra told investors that the RBI prioritizes long-term stability over any particular level of the exchange rate. He stressed India’s strong foreign exchange reserves, which as of January ...
RBI Governor Sanjay Malhotra announced a 25 basis points rate cut on February 26, the first in five years, to stimulate the slowing economy. The MPC maintained a neutral stance, projecting FY26 ...
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In a rare double bonanza for the aam aadmi, the government has delivered two significant announcements within a week. First, Finance Minister Nirmala Sitharaman made income up to ₹12 lakh tax-free.
The RBI’s Monetary Policy Committee cut the repo rate by 25 bps for the first time in nearly five years, maintaining a neutral stance. Governor Sanjay Malhotra noted inflation is aligning with targets ...
MUMBAI: The Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years on Friday (Feb 7) and ...
Get the latest updates on the RBI Monetary Policy Meeting 2025, where the Reserve Bank of India has announced a historic repo ...
Terming the RBI’s decision to cut the repo rate by 25 basis points as ‘a welcome move’ for Thane’s real estate, Jitendra Mehta, President, CREDAI MCHI Thane said it was important, given that ...
The Nifty 50 has dropped 4.4 per cent since the last policy meeting in December, impacted by weak corporate earnings and a ...