India central bank delivers 1st rate cut since 2020
Asian News International on MSN18m
RBI rate cut fails to cheer markets, amid volatility; Sensex, Nifty close in redThe BSE Sensex declined by 197.97 points, closing at 77,860.19, while the NSE Nifty lost 43.40 points, ending the session at 23,559.95. Out of the Nifty 50 stocks, 28 advanced while 23 declined.
In a pivotal move to bolster India's economic growth, the Reserve Bank of India (RBI) has slashed the repo rate for the first ...
India’s central bank is introducing an exclusive “.bank.in” domain for banks from April 2025 as part of efforts to combat rising digital payment frauds and bolster trust in online banking services.
On the day, the currency rose about 0.2% to end at 87.4250 against the U.S. dollar. It declined by nearly 1% on the week though, its worst weekly performance since December 2022. Asian currencies were ...
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RBI’s comments come amid rising calls to exclude food inflation from the calculation of headline CPI inflation, first brought ...
ABP Live on MSN5h
RBI MPC 2025: Panel Cuts Growth Forecast For FY25 To 6.4%, Check GDP Estimates For FY26 HereGovernor Sanjay Malhotra said that industrial growth remained weak, meanwhile services sector and a recovery in agriculture supported advancement on the supply side.
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