Wed, Oct 09, 2024
Key Takeaways from RBI MPC Meeting: Reserve Bank of India governor Shaktikanta Das kept the repo rate unchanged at 6.50 per cent for the 10th consecutive time. The monetary policy committee (MPC) announced a change in the policy stance to 'neutral'. There was no change in GDP forecast and CPI inflation estimates for FY25.
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Thu, Mar 14, 2024
Ratings agency Fitch has raised its FY25 gross domestic product (GDP) forecast for the Indian economy by 50 basis points.
Thu, Jun 08, 2023
RBI MPC MEET OUTCOME: The MPC members unanimously decided to maintain the status quo on the repo rate, Governor Shaktikanta Das said in his policy speech on June 8. The repo rate is the rate at which the central bank of a country lends money to commercial banks in the event of any shortfall of funds.
Tue, Oct 03, 2017
IHS Markit downgraded its real GDP growth forecast to 6.8% for fiscal year 2017/18 as the lingering effects of recent economic shocks continue to cast a shadow on economic growth.
Thu, Feb 02, 2017
On the Reserve Bank's monetary policy stance, the report said the room for a rate cut is "dwindling".
Tue, Oct 04, 2016
The IMF revised down its 2016 growth prospects for advanced economies following a slowdown in the United States and Britain`s vote to leave the European Union
Tue, Aug 02, 2016
The report further noted that it is comfortable holding on to its 7.7 per cent 2016-17 GDP growth forecast for now because of rural economy boost from a better monsoon and 7th Pay Commission impact on public sector salaries.
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