The report explains that Diwali is one of the largest festivals in India, so consumer spending usually goes up during this time. A low interest rate environment before Diwali helps boost credit demand.
RBI Governor Sanjay Malhotra said that the level of inflation in the country has remained below 4 percent continuously. Read further on Dynamite News:
The repo rate cut, besides relief for homebuyers and other borrowers, will boost economic growth. Read further on Dynamite News:
The Repo Rate, at which the central bank lends money to banks, was remained unchanged for the 11th time in a row. Read further on Dynamite News:
The central bank’s focus remains on achieving a stable inflation rate, aligned with its long-term target, while fostering sustainable economic expansion. Read further on Dynamite News:
Reserve Bank of India (RBI) Governor Shaktikanta Das said that Monetary Policy Committee (MPC) has decided to keep the policy repo rate unchanged at 6.5 per cent. Read further on Dynamite News:
The Reserve Bank of India’s Monetary Policy Committee (MPC) has decided to keep the policy repo rate unchanged at 6.5 per cent as retail inflation continues to be above its target of 4 per cent. Read further on Dynamite News:
The Reserve Bank of India (RBI), while maintaining the status quo in the repo rate, pegged India’s GDP growth for the next financial year 2024-25 (April-March) at 7 per cent. Read further on Dynamite News:
Indian stock indices were marginally higher at Wednesday’s opening bell, tracking positive cues from overnight US markets and the latest return of foreign portfolio investors. Read further on Dynamite News:
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