US Fed’s Rate Cut Sparks Optimism For Emerging Markets; Analysts Say India Could Benefit
The US Federal Reserve’s second 25-basis-point rate cut to 4.75% boosts optimism in emerging markets, including India.
Markets Rise In Early Trade Ahead Of RBI’s Monetary Policy Announcement
In Asian markets, Singapore, South Korea, Malaysia, Tokyo, and Thailand were trading higher, while Shanghai, Hong Kong, Indonesia, and Taiwan were trading lower
RBI Governor: Monetary Policy Ought To Remain Actively Disinflationary
The Reserve Bank has raised the main policy rate (repo) by 250 basis points since May 2022
Markets Rise Ahead Of RBI’s Assessment Of Its Monetary Policy
In the early trade, the 30-share BSE Sensex gained 257.41 points to 65,888.98 points..
Loan EMIs To Go Up As Repo Rate Hiked By 25 Bps To 6.5%
The RBI has brought down the liquidity surplus in the banking system to below 2 trillion rupees ($24.19 billion) from around 9-10 trillion rupees..
RBI Set To Raise Rates: RBI Monetary Policy
Shaktikanta Das, the Governor of Reserve Bank of India, announced the bi-monthly monetary policy today
