RBI Governor Shaktikanta Das Begins Monetary Policy Speech
RBI Governor Shaktikanta Das Begins Monetary Policy Speech
RBI keeps repo rate unchanged at 6.5% for 11th time in row; cuts CRR by 50 bps to 4%
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) has decided to Keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50 per cent. Consequently, the standing deposit facility (SDF) rate remains unchanged at 6.25 per cent and the marginal standing facility (MSF) rate and the Bank Rate at 6.75 … Read more
India in advantageous position for relations with Donald Trump 2.0 term: EAM Jaishankar
India is in a 'much more advantageous position' than many other countries in the world to build 'deeper' relations with the incoming Donald Trump 2.0 administration in the US, External Affairs Minister Dr. S. Jaishankar said on Thursday. Speaking at an ASSOCHAM conference on ‘Viksit Bharat Summit’ in the national capital, EAM Jaishankar said the … Read more
CII lauds Centre`s fiscal policy in run-up to Union Budget 2025-26
India has been growing rapidly amidst a slowing global economy due to the Government's prudent fiscal management for macroeconomic stability, CII director Chandrajit Banerjee said on Sunday. Elaborating on the CII suggestions for the forthcoming Union Budget, he said, "The fiscal management has maintained the perfect balance between the fiscal deficit and fiscal support to … Read more
Mcap of six of top-10 most valued firms surges Rs 2.03 lakh crore, TCS biggest winner
The combined market valuation of six of the top-10 most valued firms surged Rs 2.03 lakh crore last week as the Indian stock market ended with gains. In the trading session from December 2 to December 6, Nifty closed at 24,677 with a gain of 2.27 per cent or 546 points and Sensex closed at … Read more
Breaking News : RBI Maintains Monetary Stance Of `Neutral`
RBI Maintains Monetary Stance Of `Neutral`
Afcons Infrastructure moves up on completing longest tunnelling drive for DMRC in Delhi Metro Phase-4
Afcons Infrastructure is currently trading at Rs. 530.05, up by 3.85 points or 0.73% from its previous closing of Rs. 526.20 on the BSE. The scrip opened at Rs. 530.00 and has touched a high and low of Rs. 539.80 and Rs. 526.60 respectively. So far 69136 shares were traded on the counter. The BSE … Read more
Gold heads for second weekly fall; focus on US payrolls data
Gold prices edged higher on Friday but headed for a second straight week of decline, while market participants braced for the U.S. payrolls data that is expected to provide cues on the interest rate cut trajectory. Spot gold rose 0.3% to $2,638.66 per ounce by 0346 GMT after hitting its lowest since Nov. 26 earlier … Read more
Lemon Tree Hotels rises on signing new property in Gujarat
Lemon Tree Hotels is currently trading at Rs. 135.60, up by 0.50 points or 0.37% from its previous closing of Rs. 135.10 on the BSE. The scrip opened at Rs. 136.30 and has touched a high and low of Rs. 136.50 and Rs. 135.15 respectively. So far 37439 shares were traded on the counter. The … Read more
FDI in India`s food processing sector reaches $368 million in April-Sep
The food processing sector in India received foreign direct investment (FDI) worth $368.37 million this fiscal (till September), the Parliament was informed. Country-wise, Ireland invested $83.84 million, Singapore $48.45 million, Mauritius $41.65 million and the United States, $38.60 million, informed Minister of State for Food Processing Industries, Ravneet Singh Bittu, in a written reply to … Read more