Reserve Bank of India (RBI) Governor Shaktikanta Das delivers the Monetary Policy statement.(PTI)
Posted in Business

RBI projects 7.2% GDP growth for FY25, CPI inflation to moderate at 4.5%

The Reserve Bank of India (RBI) has projected India’s real GDP growth for FY25 at 7.2 per cent, while CPI inflation for the fiscal year…

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The repo rate has remained completely unchanged so far at 6.5% since February 2023
Posted in Business

Home loan customers may have to wait as much till December for an EMI cut as RBI keeps rates unchanged

Looking forward to a cut in your home loan EMIs? You may have to wait till much later this year since Reserve Bank of India…

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Beneficiary account name look-up facility for RTGS, NEFT transactions soon; how it will reduce wrong money transfers
Posted in Finance

Beneficiary account name look-up facility for RTGS, NEFT transactions soon; how it will reduce wrong money transfers

The Reserve Bank of India (RBI) has proposed a new feature that would allow RTGS and NEFT remitters to verify the recipient’s name before executing…

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The image shows ‘age-reversing’ millionaire Bryan Johnson, who wants to become 18 again. (File Photo)
Posted in Business

‘Age-reversing’ millionaire Bryan Johnson to visit India soon? But his Hindi hashtag sparks confusion | Trending

Oct 09, 2024 10:49 AM IST While some genuinely asked what Bryan Johnson meant by his Hindi hashtag “Marna Mat”, others reacted with hilarious comments….

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RBI MPC announces more than a stance shift: Here are the new plans
Posted in Economy

RBI MPC announces more than a stance shift: Here are the new plans

In a significant move, the Reserve Bank of India (RBI) has gone beyond changing its monetary policy stance and unveiled a series of measures aimed…

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'Just there for photographs': Meghan Markle's former pal on her charity gala appearance
Posted in UK News

‘Just there for photographs’: Meghan Markle’s former pal on her charity gala appearance

British socialite and former close friend of Meghan Markle, Lizzie Cundy, made bold claims about the Duchess of Sussex‘s recent appearance at the LA Children’s…

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RBI keeps repo rate unchanged, changes stance to ‘neutral’ from ‘withdrawal of accommodation' - The Economic Times Video
Posted in Economy

RBI keeps repo rate unchanged, changes stance to ‘neutral’ from ‘withdrawal of accommodation’ – The Economic Times Video

RBI Governor Shaktikanta Das said, “The standing deposit facility (SDF) rate remains at 6.25% and the marginal standing facility (MSF) and the bank rate stand…

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Stock market today: A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(Reuters)
Posted in Business

Sensex surges 500 points as RBI MPC changes stance to ‘neutral’

Oct 09, 2024 10:28 AM IST The Nifty 50 index was up 0.67% at 25,177.5 points as of 10:10 a.m. IST, while the S&P BSE…

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The committee, however, changed its policy stance to "neutral" from "withdrawal of accommodation".
Posted in Business

RBI holds rates as expected, shifts stance to ‘neutral’: Experts weigh in

Oct 09, 2024 10:22 AM IST The RBI’s Monetary Policy Committee (MPC), with three RBI and three external members, kept the repo rate unchanged at…

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RBI holds inflation forecast at 4.5% – Stability or risk ahead?
Posted in Economy

RBI holds inflation forecast at 4.5% – Stability or risk ahead?

The Reserve Bank of India today left its inflation forecast for this fiscal year unchanged at 4.5%, even amid caution on food prices and intensifying…

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