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Market Opening - An Overview Crude oil prices recently touched $95 per barrel and higher crude oil prices is expected to push India’s wholesale inflation to rise to 3% in the third quarter of the current fiscal and to 3.7% ...
The Reserve Bank of India’s Monetary Policy Committee (MPC) met on 3rd, 5th and 6th April 2023 and assessed the macroeconomic situation and its outlook. Following are the key highlights of the monetary policy meeting. • The Monetary Policy Committee ...
Dalal Street closed higher after the Reserve Bank of India (RBI) raised benchmark repo rate by 50 basis points on Friday, along expected lines. The Sensex rose 1.8% and the Nifty 50 index jumped 1.64%.India’s central bank raised repo rate ...
In recent times, stock markets have plunged due to inflation concerns and fears over an aggressive rate hike by the US central bank. This will force other central banks in the world to follow suit. This pain is going to ...
Market Opening - An Overview Nifty futures on the Singapore Exchange were trading 0.18% higher at 17,847, signalling that Dalal is likely to open higher on Friday, ahead of the RBI’s monetary policy decision. The Indian rupee gained 20 paise ...
Indian central bank concluded its three-day monetary policy committee meeting on August 6 and unanimously decided to keep the policy repo rate unchanged at 4%. On a 5to 1 majority, RBI also decided to continue its accommodative stance to support ...