NEWS

RBI monetary policy: Repo rate kept at 5.25% – what’s the GDP, inflation outlook & what does status quo mean for your EMIs, fixed deposits?

The Reserve Bank of India (RBI)-led Monetary Policy Committee (MPC) on Friday kept the repo rate unchanged at 5.25% in line with expectations from market analysts and economists. The decision to hold the repo rate was driven by resilient GDP growth and benign inflation, amid global headwinds.“After a detailed assessment of the evolving macroeconomic conditions…

Read More

Naravane memoir row: Kiren Rijiju cites book to target Nehru, counter Rahul Gandhi | India News

NEW DELHI: Parliamentary affairs minister Kiren Rijiju on Friday defended the Centre’s decision to keep the Henderson Brooks-Bhagat report on the 1962 India-China war classified, as a political row erupted in Parliament over Leader of opposition Rahul Gandhi being stopped from quoting the “unpublished memoir” of former Army Chief General MM Naravane.In a post on…

Read More

RBI keeps rates steady, positive on growth and inflation

MUMBAI: The Reserve Bank of India on Thursday kept the policy repo rate unchanged at 5.25%, with the Monetary Policy Committee (MPC) voting unanimously to maintain status quo while modestly revising up its near-term growth and inflation forecasts.Following the decision, the standing deposit facility rate remains at 5%, while the marginal standing facility rate and…

Read More

‘Won’t play India’: Pakistan PM backs Bangladesh stance; Suryakumar Yadav says, ‘Our flight to Colombo is booked’ | Cricket News

Pakistan PM Shehbaz Sharif, and India captain Suryakumar Yadav. The impasse over the India-Pakistan T20 WC match showed no signs of being resolved, after Pakistan PM Shehbaz Sharif weighed in on the issue, calling their boycott of the February 15 match against India in Colombo an “appropriate decision”. It was a “considered stance” to support…

Read More