India cuts policy rate for the first time in nearly five years, new central bank governor Malhotra says
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has offered room to stimulate the slowing economy. The Monetary Policy Committee decided to trim the repo rate by 25 basis points to 6.
India's Central Bank Cuts Repo Rate for First Time in Nearly 5 Years
(Reuters) -The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at its slowest pace in four years during the current fiscal year.
Governor Sanjay Malhotra on Saturday said that the central bank is aiming to make India ‘investor-friendly,’ reported the ...
1hon MSN
Foreign institutional investors (FIIs) sold Rs 9,090 crore in Indian equities this month, continuing their selling trend.
Indian rupee hit a record low on February 6, declining to 87.5825 against the U.S. dollar, as market concerns over U.S. trade ...
India’s latest budget introduces one of the most significant tax cuts in decades, boosting disposable income & supporting ...
Regulations were revised to enable cross border transactions in all foreign currencies - including local currencies of ...
Although Pardeep was yet to reach home at Jarout village near Derabassi in the district, his visibly distraught family ...
If you need to transfer money to India from the UK or any other country worldwide, Exchange Rates UK provides you with the latest Indian Rupee exchange rate comparison. Whether you're looking ...
Can "Made in the USA" and "Make in India" coexist? Protectionist policies from each side are hindering progress.
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