Tag: interest rates

The Dow slid 2.6, or more than 1,100 points on Wednesday.(REUTERS file photo)
Posted in Business

US stocks tumble as Federal Reserve eyes fewer 2025 rate cuts, Dow falls 2.6%

Wall Street stocks tumbled Wednesday after the Federal Reserve lowered interest rates but also slashed the number of 2025 rate cuts in its forecast. The…

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Posted in Economy

MPC meet: Status quo on rates, cut in CRR to ease liquidity pain

Mumbai: The central bank’s rate-setting panel on Friday kept policy rates unchanged for its 11th straight review meeting, but slashed the cash reserve requirement, which…

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RBI's MPC didn't cut rates this time around. But, there is more to this story...
Posted in Economy

RBI’s MPC didn’t cut rates this time around. But, there is more to this story…

The Reserve Bank of India (RBI)-led Monetary Policy Committee (MPC) on Friday decided to keep the repo rate—the key lending rate—unchanged at 6.5%. While announcing…

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RBI MPC meet highlights: Das & Co likely to hold rates and lower GDP growth outlook
Posted in Economy

RBI MPC meet highlights: Das & Co likely to hold rates and lower GDP growth outlook

The Reserve Bank of India (RBI)-led Monetary Policy Committee (MPC) is set to reveal its bi-monthly policy decisions today, December 6, 2024, at 10:00 am….

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Stable inflation is important to sustain growth: RBI Guv Das
Posted in Economy

Stable inflation is important to sustain growth: RBI Guv Das

Mumbai: Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said the central bank remains committed to realigning inflation with the legally mandated 4%…

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RBI committed to moderate inflation to mandated 4%, dashing hope of a rate cut
Posted in Economy

RBI committed to moderate inflation to mandated 4%, dashing hope of a rate cut

MUMBAI: Reserve Bank of India (RBI) Governor Shaktikanta Das Thursday said the central bank remains committed to realigning inflation with the legally mandated 4% goal…

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Using food inflation in rate-setting flawed; RBI should cut rates for pushing growth, says Piyush Goyal
Posted in Economy

Using food inflation in rate-setting flawed; RBI should cut rates for pushing growth, says Piyush Goyal

Union Commerce Minister Piyush Goyal on Thursday said the Reserve Bank of India (RBI) should cut interest rates and give an impetus to growth. Using…

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'Wait & watch': India gearing up for any change in US policy, says CEA V Anantha Nageswaran
Posted in Economy

‘Wait & watch’: India gearing up for any change in US policy, says CEA V Anantha Nageswaran

New Delhi: India is “better prepared” this time around for Donald Trump’s return to the White House, chief economic adviser (CEA) V Anantha Nageswaran said…

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RBI unlikely to go for immediate rate cut, despite inflation likely to cool: Ind-Ra
Posted in Economy

RBI unlikely to go for immediate rate cut, despite inflation likely to cool: Ind-Ra

In a cautious outlook for the upcoming fiscal year, India Ratings and Research (Ind-Ra) projects a decline in inflation for FY25, yet it emphasizes that…

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inflation: Rate hikes since May '22 helped reduce inflation by 1.60%: RBI paper
Posted in Economy

inflation: Rate hikes since May ’22 helped reduce inflation by 1.60%: RBI paper

The cumulative rate hikes of 2.5 percentage points by the central bank since May 2022 negatively impacted headline inflation by 1.60 per cent, a paper…

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