India’s Wholesale Inflation Drops To 2.31% In January, Driven By Falling Food Prices
Wholesale Price Index (WPI)-based inflation declined to 2.3% in January from 2.37% in December, driven primarily by a decrease in food prices, especially vegetables.
Sensex, Nifty Trade Flat After RBI Cuts Repo Rate By 25 Bps
On Friday, the Indian stock market traded almost flat after the Reserve Bank of India (RBI) announced a 25 basis points (bps) cut in the repo rate.
Indian Stock Market Trades flat, All Eyes On RBI MPC Meet
The domestic benchmark indices traded almost flat early on Wednesday after the stock market experienced a strong upward movement as the US trade tariff tensions eased.
India Witnesses 100-Fold Jump In Retail Digital Payments: RBI
Retail digital payments in India have grown from 162 crore transactions in the financial year 2012-13 to over 16,416 crore transactions in the financial year 2023-24
RBI May Begin Rate Easing Cycle With 25 Bps Cut, Add Durable Liquidity: Morgan Stanley
The Monetary Policy Committee (MPC) is scheduled to meet on February 7. Analysts expect the MPC to maintain a neutral stance, with consensus indicating a possible rate cut starting in February.
6.2% GDP Growth For December Quarter, Economic Recovery Expected: RBI Report
The growth of 6.2% in India's GDP for the December quarter of fiscal 2025 is projected as per RBI's latest report.
India’s GDP Growth, Banking Health, And Rate Cuts To Boost Corporate Credit In FY26: Fitch
Fitch projects that RBI will cut interest rates in 2025. This expectation follows the RBI's recent liquidity measures, including a 50-basis-point reduction in the cash reserve ratio.
Indian Stock Market Opens Flat, Nifty Below 23,700
By 9:28 am, the Sensex stood at 78,014.77, down by 184.34 points, or 0.24%. Meanwhile, the Nifty was trading at 23,662.2, a drop of 45.70 points, or 0.19%.
Global Central Banks Add 53 Tonnes Of Gold In November 2024; RBI Buys 8 Tonnes
With the Reserve Bank of India (RBI) adding 8 tonnes, bringing its year-to-date purchases to 73 tonnes. This raised India's total gold reserves to 876 tonnes.
PM Narendra Modi’s Tenure Sees Creation Of 2.9 Crore Additional Jobs: RBI Data
Prime Minister Narendra Modi’s government has made significant strides in job creation compared to the previous UPA regime, as per RBI.
