Mumbai, June 6 (IANS) The domestic benchmark indices surged on Friday after the Reserve Bank of India (RBI) reduced repo rate by 50 basis points to 5.50 per cent and cash reserve ratio (CRR) by 100 basis points (in four tranches).
Mumbai, June 6 (IANS) 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 momentum.
Mumbai, June 6 (IANS) 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 3 per cent.
Mumbai, June 6 (IANS) The domestic benchmark indices opened flat on Friday ahead of the key RBI monetary policy committee (MPC) decision on the repo rate, as buying was seen in the IT and PSU bank sectors in the early trade.
Mumbai, June 5 (IANS) The Indian stock market closed in the green on Thursday ahead of the key RBI monetary policy committee (MPC) decision on the repo rate.
New Delhi, June 5 (IANS) India’s services sector activity kept up its high pace of growth in May, driven by a strong demand for exports, which also saw hiring of staff by firms surge to an all-time high during the month, according to the latest HDBC survey.
Mumbai, June 5 (IANS) The domestic benchmark indices opened higher on Thursday amid mixed global cues, as buying was seen in the pharma, auto and IT sectors in the early trade.
Mumbai, June 4 (IANS) Domestic benchmark indices closed in the green on Wednesday due to favourable global cues such as strong US job data, as the ongoing RBI Monetary Policy Committee (MPC) meeting added a layer of speculation about a potential rate cut.
Mumbai, June 3 (IANS) Investors on Tuesday largely ignored a recent Wall Street Journal (WSJ) report alleging new US prosecution scrutiny over Adani's potential Iran sanctions violations. Adani Group stocks demonstrated resilience, with the group's market capitalisation down a mere 1.8 per cent, against the broader Nifty's 0.7 per cent dip.
Mumbai, June 3 (IANS) The Indian stock market closed in the red on Tuesday -- the third consecutive trading session when the domestic indices witnessed a decline amid weak global cues.
