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Economy
India set to outperform other emerging markets amid global uncertainty: Jefferies
New Delhi: Global brokerage Jefferies has issued an 'overweight' call on India, saying that the country is set to outperform other emerging markets (EMs) amid rising global uncertainties.
In its latest note, Jefferies said while absolute…
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India and UK reaffirm free trade agreement, support supply chains
New Delhi: Amid the changing world trade order, India and the UK have reaffirmed their commitment to furthering the bilateral relations between the two nations, including continuing negotiations at pace towards a mutually beneficial Free…
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RBI rate cut to spur demand for home, auto, and personal loans: Banks
New Delhi: Leading banks on Wednesday said that the RBI rate cut, coupled with the revision in stance to accommodative, is a swift and timely move and a forward guidance to the market to stay supportive against evolving global…
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Balanced move in tough times, says Moody’s on RBI’s 25-basis point rate cut
Mumbai: The Reserve Bank of India (RBI) has done the right thing by sticking to market expectations at a time when uncertainty is high, Katrina Ell, Economic Research Director at Moody’s Analytics said on Wednesday.
She believes the…
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RBI cuts inflation forecast to 4 per cent for 2025-26
Mumbai: The Reserve Bank’s Monetary Policy Committee has reduced its inflation forecast for 2025-26 to 4 per cent from 4.2 per cent earlier as the “outlook for food inflation has turned decisively positive,” RBI Governor Sanjay Malhotra…
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RBI lowers GDP growth forecast to 6.5 pc for 2025-26 as global uncertainties spike
Mumbai: The RBI’s monetary policy committee has reduced its projection for India’s GDP growth in 2025-26 by 20 basis points to 6.5 per cent from 6.7 per cent due to global trade and policy uncertainties in the wake of the US tariff hikes,…
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RBI MPC decisions to boost domestic growth amid global economic turmoil: CII
New Delhi: The Reserve Bank of India’s (RBI) accommodative monetary policy, combined with the government's growth-centric fiscal policy, will help boost domestic growth amid global economic turmoil, the Confederation of Indian Industry…
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NPCI to decide on person-to-merchant payments cap on UPI transactions: RBI
New Delhi: In order to further boost digital payments, the National Payments Corporation of India will be enabled to set the limit on person-to-merchants transactions via Unified Payments Interface (UPI), RBI Governor Sanjay Malhotra said…
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RBI to issue new guidelines for gold loans
Mumbai: RBI Governor Sanjay Malhotra announced on Wednesday that it has been decided to issue comprehensive regulations on prudential norms and conduct-related aspects for gold loans following concerns raised over the issue.
The review…
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RBI cuts repo rate by 25 basis points, switches to accommodative stance to spur growth
Mumbai: RBI Governor Sanjay Malhotra on Wednesday announced a 25 basis cut in the policy rate from 6.25 per cent to 6 per cent and change in monetary policy stance from neutral to accommodative to accelerate economic growth.
The RBI…
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