Economy

Mumbai: The RBI has projected India’s GDP growth at 6.5 per cent for 2025-26, with domestic economic activity showing resilience on the back of a strong agriculture sector, industry picking up, and the services sector expected to maintain…
Read More...

Mumbai: The Indian benchmark indices surged on Friday after the RBI Governor Sanjay Malhotra announced a jumbo 50 bps rate cut — from 6 per cent to 5.5 per cent — and a 100 basis point cut in the Cash Reserve Ratio (CRR), from 4 per cent to…
Read More...

Mumbai: RBI Governor Sanjay Malhotra on Friday announced a jumbo 50 basis points cut in the repo rate from 6 per cent to 5.5 per cent to spur growth in the economy, as inflation has come down below the lower RBI band of 4 per cent. The…
Read More...

New Delhi:  The Reserve Bank of India’s Monetary Policy Committee (MPC) meeting kicked off on Wednesday to decide on the repo rate cut and according to economists and industry experts, the Central Bank is likely to go for a third 25 bps cut…
Read More...

Mumbai:  The Nifty Bank index touched a record high of 56,161.40 on Tuesday morning, crossing the 56,000 mark for the first time ever. The surge was driven by strong buying in select banks as investors showed optimism ahead of a possible…
Read More...

Paris/New Delhi:  Commerce and Industry Minister Piyush Goyal on Monday met some top global CEOs in Paris to explore their future investment plans for the India market in promising sectors like electric vehicle and renewable energy (RE).…
Read More...

New Delhi:  India’s manufacturing sector continued its healthy performance in May, with the HSBC India Manufacturing Purchasing Managers’ Index (PMI) recording a reading of 57.6, it said on Monday. While slightly lower than April’s 58.2,…
Read More...

New Delhi: The SBI report on Monday projected a mega 50-basis point rate cut in June’s RBI MPC policy, and a large rate cut could reinvigorate a credit cycle and act as a counterbalance to uncertainty. The cumulative rate cut over the…
Read More...

New Delhi:  As the RBI’s Monetary Policy Committee (MPC) is set to meet later this week, analysts on Monday expected the Central Bank to go for a third consecutive rate cut of 25 basis points as inflation continues to remain below the…
Read More...

New Delhi: The Unified Payments Interface (UPI) has posted a robust recover in the month of May by processing 18.68 billion transactions, up from 17.89 billion in April. As per data by the National Payments Corporation of India (NPCI),…
Read More...