Indian stock market maintains positive outlook as RBI turns more realistic

IANS | December 7, 2024 9:27 AM

Mumbai, Dec 7 (IANS) Amid a positive turnaround from foreign institutional investors (FIIs) to India, the Indian stock market maintained a positive outlook throughout the week as the core sector output in October and stability in service PMI data showed signs of recovery, experts said on Saturday.

RBI’s liquidity infusion of Rs 1.16 lakh crore a big positive: Assocham

IANS | December 6, 2024 7:12 PM

New Delhi, Dec 6 (IANS) Leading industry chamber Assocham on Friday said that the decision by the Reserve Bank of India (RBI) to cut the cash reserve ratio by 50 basis points, releasing Rs 1.16 lakh crore into the banking system, is a pragmatic measure to maintain the inflation-growth balance in the face of evolving macro-economic situation.

Rosneft CEO Igor Sechin dispels some myths about global energy

IANS | December 6, 2024 6:43 PM

New Delhi, Dec 6 (IANS) Igor Sechin, Chief Executive Officer of Rosneft PJSC, spoke at the XVII Verona Eurasian Economic Forum in Ras al-Khaimah, the UAE, with a report focusing on ‘Farewell to illusions. World energy in the Thucydides trap”, and cleverly dispelled myths about green energy, while predicting an increase in the demand for fossil fuels.

Indian stock market opens flat ahead of RBI MPC decision

IANS | December 6, 2024 9:34 AM

Mumbai, Dec 6 (IANS) The Indian stock market opened flat on Friday ahead of the announcement of the RBI’s monetary policy committee (MPC) meeting. The market is keeping a close eye on the decision around repo and CRR rates.