RBI retains repo rate at 6.5 pc, FY25 growth at 7.2 pc

IANS | October 9, 2024 10:39 AM

New Delhi, Oct 9 (IANS) The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Wednesday decided to maintain the status quo on the repo rate at the current 6.5 per cent, while retaining India's real GDP growth forecast at 7.2 per cent for FY25.

Sensex trades higher before RBI MPC outcome

IANS | October 9, 2024 10:03 AM

Mumbai, Oct 9 (IANS) Indian equity indices were trading higher on Wednesday before the monetary policy decision announcement from the Reserve Bank of India (RBI).

RBI MPC likely to maintain status quo, all eyes on repo rate

IANS | October 8, 2024 5:01 PM

New Delhi, Oct 8 (IANS) As the Reserve Bank of India (RBI) gears up to announce the decision of its Monetary Policy Committee (MPC) meeting on October 9, industry experts on Tuesday said the Central Bank is likely to maintain a status quo on policy interest rates and if food inflation further moderates, a shallow rate cut of 50 bps in the upcoming policy meetings is likely this fiscal.

Gold prices soar amid heightened tension in Middle East

IANS | October 5, 2024 12:58 PM

New Delhi, Oct 5 (IANS) Gold prices continue to rise amid heightened tension in the Middle East, as the precious metal saw a definitive surge this week. The Iran-Israel conflict has kept buyers position intact even after prices were overbought.