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Economic Buzz: RBI reduces benchmark repo rate by 25 bps to 6.25% for first time since 2020

Mumbai, Feb. 7 -- The Reserve Bank of India's (RBI) six-member Monetary Policy Committee (MPC) Friday cut the repo rate - the rate at which the RBI lends to other banks - by 25 basis points to 6.25 pe... Read More


RBI monetary policy: Central bank projects inflation at 4.2% for FY26

RBI Monetary Policy, Feb. 7 -- The new Reserve Bank of India (RBI) Governor Sanjay Malhotra delivered a 25 basis points rate cut on Friday, February 26, the first such move by the country's central ba... Read More


"Congress practices regressive politics of dynastic development": BJP spokesperson Kesavan

Chennai, Feb. 7 -- Bharatiya Janata Party (BJP) spokesperson C R Kesavan on Friday applauded Prime Minister Narendra Modi's "progressive politics of inclusive development," while condemning the Congre... Read More


RBI rate cut fails to cheer markets, amid volatility; Sensex, Nifty close in red

Mumbai, Feb. 7 -- The Indian stock market ended in the red on Friday following the Reserve Bank of India's (RBI) announcement of a 25 basis points (bps) cut in the repo rate, bringing it down to 6.25 ... Read More


'Love Donald Trump as much as.': Elon Musk's declaration amid drastic 'overhaul' of US policies

New Delhi, Feb. 7 -- Billionaire businessman Elon Musk professed his love for Donald Trump through an effusive social media post on Friday. "I love Donald Trump as much as a straight man can love ano... Read More


Sensex improves 61 pts

Mumbai, Feb. 7 -- The BSE Sensex on Friday improved 61 pts to open at 78,119.60 in opening session ahead of RBI Monetary policy today. The National Stock Exchange (NSE) gained 40 pts at 23,649.50. T... Read More


Rbi Rate Cut: 5 ವರ್ಷಗಳ ಬಳಿಕ ರೆಪೋ ದರ ಕಡಿತಗೊಳಿಸಿದ ಆರ್‌ಬಿಐ, ಶೇ 0.25 ರಷ್ಟು ಇಳಿಕೆ

ಭಾರತ, ಫೆಬ್ರವರಿ 7 -- ದೆಹಲಿ: ಭಾರತೀಯ ರಿಸರ್ವ್ ಬ್ಯಾಂಕ್ (ಆರ್‌ಬಿಐ) ಆರು ಸದಸ್ಯರ ಹಣಕಾಸು ನೀತಿ ಸಮಿತಿ (ಎಂಪಿಸಿ) ಶುಕ್ರವಾರ (ಫೆಬ್ರುವರಿ 7) ಇತರ ಬ್ಯಾಂಕುಗಳಿಗೆ ನೀಡುವ ಸಾಲದ ದರವಾದ ರೆಪೋ ದರವನ್ನು 25 ಬೇಸಿಸ್ ಪಾಯಿಂಟ್‌ಗಳಿಂದ ಶೇ 6.25 ... Read More


National Highways construction to decline by 7-10% in FY25, amid execution challenges: CareEdge Ratings

New Delhi, Feb. 7 -- The pace of National highway construction in India is expected to decline by approximately 7-10 per cent in FY25, with construction slowing from 12,350 km in FY24 to an estimated ... Read More


ITC declines after muted Q3 performance

Mumbai, Feb. 7 -- The company's FMCG - Others business has reported 4% YoY growth in revenue to Rs 5,418 crore in Q3 FY24, amidst muted demand conditions. The revenue from Cigarettes rose by 7.8% YoY... Read More


RBI MPC cuts repo rate by 25 basis points to 6.25% to boost economy: Governor Sanjay Malhotra

India, Feb. 7 -- New Reserve Bank of India (RBI) governor Sanjay Malhotra on Friday, February 7, announced that the Monetary Policy Committee (MPC) has decided to cut the benchmark repo rate by 6.5%. ... Read More