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.
Gross NPA Ratio Of Banks Declines To 12-Years Low Of 2.6%, Says RBI Report
The asset quality of India’s banks has reached a 12-year high, with gross non-performing assets (GNPA) declining to 2.6% of total advances, according to the RBI's report.
RBI Report Highlights Resilience Of Indian Economy And Financial System Amidst Global Risks
The Reserve Bank of India’s (RBI) latest Financial Stability Report, released on Monday, highlights the strong macroeconomic fundamentals supporting the Indian economy.
Government To Introduce Strict Law To Curb Unregulated Lending Activities
The government plans to bring a strict law to control unregulated lending activities. It has presented a draft of the Ban on Non-Regulated Lending Activities (BULA) bill.
Indian Stock Market Opens Lower As Selling Persists Across Sectors
Market sentiment remained negative, as 1,657 stocks were in the red, compared to 559 in the green. Experts noted that November’s CPI inflation of 5.48% is within the RBI’s target range.
Sanjay Malhotra Appointed As RBI Governor; Replaces Shaktikanta Das
The government has appointed Revenue Secretary Sanjay Malhotra as the next Reserve Bank of India (RBI) Governor for three years.
