Business

Mumbai: The Reserve Bank of India Friday decided to keep the policy rate unchanged for the eighth time in a row, saying it will maintain a tight vigil on inflation. The rate increase cycle was paused in April last year after six consecutive rate hikes,...

Mumbai: The RBI has raised India’s GDP growth forecast from 7 per cent to 7.2 per cent for the current financial year (2024-25), as it expects the economy to continue on a high growth trajectory. However, it has decided to stick to its CPI inflation...

Mumbai: India equity indices were trading in the green Friday after a flat open. On Friday, the decisions of the ongoing Monetary Policy Committee (MPC) to review interest rates will be announced by Reserve Bank of India (RBI) Governor Shaktikanta Das. At 9:40 a.m., Sensex...

New Delhi: India's unemployment rate decreased to 3.1 per cent in 2023, down from 7 per cent in 2022 amid robust government policies, a report showed Thursday. The country's national savings as a percentage of GDP increased to 33.4 per cent in 2023 compared to...

Mumbai: The RBI is expected to leave interest rates unchanged in its monetary policy review as it continues to maintain a balance between pushing for economic growth and keeping inflation in check. The RBI’s Monetary Policy Committee (MPC) meeting being held from June 5 to...

Mumbai: Benchmark equity indices Sensex and Nifty began the trade on a buoyant note on Thursday, continuing to rally for the second day running, after leaders of the BJP-led National Democratic Alliance (NDA) unanimously elected Narendra Modi as their leader. Extending its previous day's sharp...

Bhubaneswar: Bharatiya Janata Party (BJP) is going to form government in the state as it pulled off a convincing victory in the Assembly by securing 78 seats out of 147, restricting the ruling Biju Janata Dal (BJD) to 51. Post the victory, Prime Minister Narendra...

New Delhi: The BJP losing its outright majority and now having to rely on allies to form a government may delay more far-reaching elements of economic and fiscal reforms like land and labour and impede progress on fiscal consolidation, global rating agencies said Wednesday. Fitch...

Mumbai: The rate-setting panel of RBI Wednesday started its three-day deliberations to decide the next monetary policy amid expectations of continuation of the current interest rate. Reserve Bank Governor Shaktikanta Das will announce the decisions taken by the Monetary Policy Committee (MPC) on Friday. Experts...

Mumbai: Benchmark equity indices Sensex and Nifty made a strong comeback Wednesday, rallying over 3 per cent each after facing heavy drubbing in the previous trade on below-expectation poll results. Bouncing back from Tuesday's debacle, the 30-share BSE Sensex jumped 2,303.19 points or 3.20 per...