Bharat Express

reserve bank of india

In a clear signal that Indian companies are increasingly looking to expand their global reach, outward foreign direct investment (OFDI) surged by nearly 17% to $37.68 billion in 2024, according to data from the Reserve Bank of India (RBI).

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.

Declining food inflation and stable non-food inflation are expected to create conditions for a rate cut by the Reserve Bank of India (RBI) in the coming months.

India's household spending on non-food items such as transport, garments, and entertainment has seen a significant increase.

ED issued summons to KT Rama Rao and several others in connection with alleged financial irregularities related to the Formula-E race.

September had seen a nine-month high with Rs 57,724 crore of net inflows, highlighting the volatility in FPI trends. As of December 13, FPI investments in 2024 stand at Rs 7,747 crore, according to depository data.

The government has appointed Revenue Secretary Sanjay Malhotra as the next Reserve Bank of India (RBI) Governor for three years.

Indian stock market maintained a positive outlook throughout the week, buoyed by a recovery in core sector output for October.

The market will closely monitor the RBI’s policy response, particularly its commentary on growth and inflation.

The domestic benchmark equity indices ended in the green on Wednesday, driven by buying activity in the PSU bank and realty sectors.