RBI Cuts Repo Rate to 5.25%; Home, Car and Personal Loans Set to Get Cheaper
The Reserve Bank of India (RBI) today reduced the repo rate by 25 basis points, bringing it down from 5.5% to 5.25%. Governor Sanjay Malhotra announced the decision after the conclusion of the Monetary Policy Committee (MPC) meeting, signalling a continued push to support economic growth despite pressure from the weakening rupee. The rate cut […]
Indian Stock Market: 10 Things to Know Before Opening Bell – GIFT Nifty, US Shutdown Relief, India Inflation
The Indian stock market is likely to open on a flat to weak note on Thursday as global cues remain mixed, even as domestic optimism persists after a strong three-day rally. GIFT Nifty traded around 25,955, nearly 30 points below Nifty futures’ previous close, indicating a muted start for benchmark indices. On Wednesday, Indian markets […]