India's benchmarks pause ahead of key earnings, RBI rate decision
India's benchmark indexes were little changed on Thursday, as investors awaited key corporate earnings and the Reserve Bank of India's rate decision. The Nifty 50 was off 0.14% at 23,664.9 points as of 9:47 a.
India likely to cut benchmark rates for the first time in nearly five years as economy slows, inflation eases
The Indian government has been steadily lowering its full-year real GDP forecasts, after the economic growth missed expectations by a large margin in the quarter ended September, when its grew by 5.4% — its slowest expansion in nearly two years.
RBI may cut repo rate by 25 bps on February 7: Bank of Baroda
The Reserve Bank of India is expected to lower the repo rate by 25 basis points in its upcoming monetary policy announcement. This consideration arises from easing inflation, mainly due to declining vegetable prices,
India's central bank seen cutting rates for first time since May 2020
India's central bank is widely expected to cut interest rates for the first time in nearly five years in Governor Sanjay Malhotra's first monetary policy review on Friday, aiming to boost economic growth which is seen falling to a four-year low.
Thank You RBI, India’s Liquidity Crunch Just Eased - What Did Central Bank Do?
India’s cash crunch has more than halved following a series of liquidity measures by the Reserve Bank of India (RBI) aimed at stabilizing the financial system and supporting economic growth.According to a Bloomberg Economics index,
India's RBI to cut rates for the first time since 2020
The Reserve Bank of India is widely expected to cut interest rates for the first time in nearly five years. This is according to a Reuters survey of economists and analysts. Inflation in India has declined;
Indian central bank likely conducting buy/sell USD-INR swaps, traders say
India's central bank is likely conducting buy/sell dollar-rupee swaps in addition to selling spot dollars to support the ...
RBI's MPC likely to cut repo rate by 25 bps on February 7: Bank of Baroda report
The central bank was able to consider a rate cut as inflation, which is the main focus of the monetary policy, has been ...
Centre eyes completing IDBI Bank disinvestment by mid-2025, bids to be invited by March end
As part of the disinvestment of IDBI Bank, the Centre along with Life Insurance Corporation of India will sell 61% stake in ...
Foreigners step up India bond purchases before anticipated interest rate cut
Indian government bonds are seeing increased buying interest from foreign investors ahead of an anticipated interest rate cut ...
Sensex drops 350 pts, Nifty slips below 23,600 ahead of RBI MPC verdict; Bharti Airtel, ITC drag
With RBI’s policy decision looming, markets remain stuck in a tight range, waiting for a catalyst to break the deadlock.
India has to take care of its interests, in this there are no friends or foes: Nirmala Sitharaman
We have done a lot of things to streamline tariff structure and also drive it on a policy of supporting Atmanirbhar Bharat, but at the same time making sure we dont allow flooding of goods into India, ...
India will not undertake direct debt switch with RBI, top ministry official says
The Reserve Bank of India's holding of sovereign bonds due to mature next financial year will likely be treated at par with ...
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Wilful Defaulters: A Declining Trend in India's Financial Sector
In March 2024, there were 2,664 unique wilful defaulters in India, a number that has been on the decline. Various government ...
RBI imposes monetary penalty on Canara Bank, Bank of India, J&K Bank; here’s why
RBI imposes monetary penalties on Canara Bank, Bank of India, and the J&K Bank for non-compliance with KYC norms, loans, and ...
India Targets 9% Boost From RBI, Banks to Offset Tax Cuts
India’s government expects income from the central bank and public-owned financial institutions to increase 9% in the coming fiscal year, helping to offset a drop in tax revenue.
India cenbank infuses $5.1 billion worth of rupee liquidity via buy/sell FX swap
The Reserve Bank of India's $5 billion 6-month dollar/rupee buy-sell swap auction was oversubscribed five-fold on Friday, ...