Tag: repo rate

Rising oil prices may affect wholesale prices and widen CAD: Report

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% ...

Post Market Report: Dalal Street surges on RBI’s 50 bps rate hike; Vodafone Idea, Tata Comm and Paytm in news

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 ...

RBI keeps key rates unchanged; Interest rate sensitive stocks react positively

India’s central bank concluded its three-day monetary policy meeting on Feb 10. The Monetary Policy Committee (MPC) kept key interest rates unchanged and maintained an accommodative policy stance.The Reserve Bank of India (RBI) Governor Shaktikanta Das said that the MPC ...

RBI keeps repo rate unchanged at 4%, revises retail inflation

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 ...