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Bank stocks firm up after RBI rate cut

Mumbai, Dec. 5 -- The MPC voted unanimously to reduce the rate under the liquidity adjustment facility, which also revised the standing deposit facility (SDF) rate to 5% and the marginal standing faci... Read More


RBI slashes repo rate by 25 basis points - big relief coming for borrowers!

Mumbai/IBNS, Dec. 5 -- The Reserve Bank of India (RBI) on Friday slashed the repo rate by 25 basis points to 5.25%, making loans cheaper for borrowers, media reports said. This is the second rate cut... Read More


RBI to infuse liquidity worth Rs.1.5 trillion through OMO and FX swap in December

Mumbai, Dec. 5 -- The Reserve Bank of India governor reiterated the central bank's commitment to provide sufficient durable liquidity to the banking system. We continuously assess the durable liquidit... Read More


Shriram Pistons to acquire Spanish firm Grupo Antolin's India arms

New Delhi, Dec. 5 -- Shriram Pistons & Rings Ltd (SPRL) has agreed to acquire the Indian arms of Spanish firm Grupo Antolin at a total enterprise value of €159 million (Rs 1,670 crore or around ... Read More


Rupee plunges past Rs.90: How the all-time low will hit 5 vital aspects of your life

New Delhi, Dec. 5 -- The Indian rupee's slide past Rs.90 per US dollar marks its weakest level ever and is a major concern for the country. This record-low level has sparked widespread criticism of th... Read More


Maha: Ex-Minister Sulekha Kumbhare levells serious allegations against Bawankule

Nagpur, Dec. 5 -- A political confrontation has intensified in Nagpur's Kamthi after Bahujan Republican Ekta Manch (BREM) president and former minister Sulekha Kumbhare on Friday levelled serious alle... Read More


Nifty trades above 26,050 mark as RBI cuts rates by 25 bps

Mumbai, Dec. 5 -- The key equity benchmarks traded near moderate gains in morning trade after the RBI trimmed the repo rate by 25 basis points to 5.25%. The Nifty traded above the 26,050 mark. Traders... Read More


RBI monetary policy: GDP growth projection raised to 7.3% for current fiscal

New Delhi, Dec. 5 -- The Reserve Bank of India's Monetary Policy Committee (MPC) on Friday raised its GDP growth projection for FY2025-26 to 7.3%, up from the earlier estimate of 6.8%. For Q3 FY26, t... Read More


Current visit, agreements reached, will help further deepen Russia-India strategic partnership: Putin

New Delhi, Dec. 5 -- Russian President Vladimir Putin on Friday said that his State visit to India and the agreements signed during bilateral talks with Prime Minister Narendra Modi will further stren... Read More


RBI Monetary Policy: RBI revises inflation forecast lower, GDP growth forecast higher

India, Dec. 5 -- The Reserve Bank of India expects softer inflation and faster economic growth in the Indian economy, even as the rupee remains under pressure in the absence of a India-US trade deal. ... Read More