New Delhi/Mumbai, December 5 (Udaipur Kiran) – The Reserve Bank of India (RBI) has reduced the key policy rate repo rate by 0.25 percent, bringing it down to 5.25 percent. RBI Governor Sanjay Malhotra announced the decisions of the Monetary Policy Committee (MPC) on Friday after the committee’s review meeting. Along with this, the economic … Read more
Mumbai, December 5 (Udaipur Kiran) – The Reserve Bank of India (RBI) has revised upward its Gross Domestic Product (GDP) growth estimate for the current financial year 2025-26 from 6.8 percent to 7.3 percent. The RBI made this revision considering the strong economic growth rate of 8.2 percent recorded in the July-September quarter. RBI Governor … Read more
Mumbai, October 20 (Udaipur Kiran): The Reserve Bank of India (RBI) may introduce one more policy rate cut before the end of this year, according to a recent report by Goldman Sachs. The report suggests that a combination of fiscal consolidation, regulatory easing, and gradual recovery in credit demand could prompt the central bank to … Read more
With cooling food prices, Consumer Price Index (CPI) based retail inflation declined to a five-month low of 4.85 per cent in March 2024.The CPI was 5.09 per cent in February and 5.66 per cent in March 2023. Previously, CPI-based inflation was the lowest at 4.87 per cent in October 2023. The inflation remained within the … Read more
