RBI POLICY OUTCOME

Nifty closed Friday with a 1.6% weekly gain, boosted by strong bank and IT stocks. On Friday, it ended at 23,907.25, up by 2.39%. As markets reopen on Monday, key domestic and global events are expected to influence movements.

Reserve Bank Governor Shaktikanta Das emphasized the importance of price stability for sustained economic growth. He stated that the RBI is committed to bringing down retail inflation to 4% on a durable basis. Das highlighted that the central bank's...

India's economy, bolstered by festive spending and agricultural recovery, is rebounding from a second-quarter slowdown. However, rising inflation, reaching a 14-month high in October, threatens consumer demand and corporate investments.

Donald Trump's victory as the 47th US president, coupled with Republican control of the Senate, signals potential economic shifts. Trump's policies are expected to strengthen the dollar, impact trade dynamics due to potential tariffs, and influence ...

The U.S. presidential election between Kamala Harris and Donald Trump is poised to significantly impact sectors of India's economy. Key areas like banking, IT, pharmaceuticals, and energy could experience varying effects depending on the winner due ...

The Reserve Bank of India has kept its key interest rate unchanged at 6.5% and shifted its policy stance to 'neutral'. This indicates a possible rate cut in the coming months. The decision aims to balance inflation control with sustained growth, whi...

RBI MPC Meet Highlights: RBI Governor Shaktikanta Das announced the MPC's latest decisions and kept the repo rate at 6.5% as expected. The government recently reconstituted the MPC with three new members. Key points include a focus on food inflation...

Shares of banks and NBFCs went up by as much as 4% after the RBI shifted its policy stance to 'neutral'. This change hints at a possible rate cut cycle from December. Shriram Finance saw the biggest gain in Nifty, rising over 4%. Other financial sto...

RBI Monetary Policy Meet Key Takeaways: RBI Governor Shaktikanta Das announced the bi-monthly MPC meeting outcomes, maintaining repo rate at 6.5%. Despite US rate cuts, RBI ties future cuts to domestic inflation hitting a 4% target. Recent data show...

Indian blue-chip indices Nifty50 and BSE Sensex opened higher for the second consecutive day, driven by gains in auto and IT stocks. This rise comes ahead of the Reserve Bank of India's policy meeting, where the central bank is anticipated to mainta...

RBI Monetary Policy meeting time: RBI Governor Shaktikanta Das will announce the outcome of the three-day Monetary Policy Committee (MPC) meeting today at 10:00 am. The next MPC meeting is scheduled for December 4-6. Analysts widely expect the repo ...

FIIs invested Rs 27,000 crore in Indian bank stocks after the US Fed's rate cut. However, they reversed their investments due to China's quantitative easing. This led to a drop in Nifty Bank index by 5% in early October. Investors are watching for R...

The Reserve Bank of India (RBI) begins its three-day monetary policy meeting amid global economic uncertainties. Analysts believe the repo rate will remain unchanged for a 10th consecutive time at 6.50% as the central bank balances inflation control...

The RBI is expected to keep interest rates unchanged in its upcoming policy review due to ongoing inflation concerns and uncertainties in the Middle East. Experts suggest any easing of rates could happen in December. The reconstituted Monetary Polic...

The newly formed Monetary Policy Committee of the Reserve Bank of India, including three new external members, is set to hold its first meeting. The committee is expected to maintain the current interest rate of 6.5%, marking the tenth consecutive t...

India, in collaboration with the RBI, is preparing to appoint new external members to the Monetary Policy Committee. The focus is on managing food inflation while considering US Fed rate cuts. A diverse and transparent committee is believed to impro...

I would say there is a little bit of debate that probably around the policy corridors. But given that the global uncertainties are around us and the growth data still continues to remain steady, I think it is a prudent policy from that perspective.

And just as an early pivot or a premature pivot can cause problems down the road, the inability to pivot or create room for a pivot could lead to problems later on. Again, I mean, this is just not my words, but this is what the dissent within the MP...

The Indian rupee closed stronger on Wednesday, partially recovering from its slump in the previous session, aided by dollar sales from foreign banks and likely intervention from the Reserve Bank of India.