U.S. Fed aggressively cuts interest rate by 50 bps; will RBI follow suit?
Historical trends suggest that the Reserve Bank of India often aligns its policy direction with the U.S. Federal Reserve.
Historical trends suggest that the Reserve Bank of India often aligns its policy direction with the U.S. Federal Reserve.
The RBI maintains status quo for the 9th straight time, keeps repo rates unchanged at 6.5% and the MSF at 6.75%
An uncertain inflationary trajectory could force the Fed to delay a rate or – worse – hike rates.
This excludes housing loans, education loans, vehicle loans, loans secured by gold and gold jewellery, and microfinance loans
Despite slowdown in FDI inflows, India has a higher share of global FDI flows, rising from 2.4% in FY17 to 4.2% in FY23
The rupee is holding strong against the dollar index compared with six major currencies in Asia.
The RBI is widely expected to maintain a wait and watch approach and keep the policy repo rate unchanged for the third straight time at 6.5%.
The equity benchmark indices continued their record setting spree on Monday on the back of sustained fund inflows by foreign portfolio investors.
The Indian economy has come a long way in the last nine years. Here’s how PM Modi’s major moves have paid off.
The Reserve Bank of India has increased the repo rate to 6.5% from 4% between March 2022 and April 2023.