repo rate
Inflation at record low! Will your loan EMIs come down further? Explained
With the RBI cutting the repo rate by 1% in this year, EMIs have come down too. (AI image) India’s retail inflation – also called the Consumer Price Index (CPI) inflation – hitting a record low of 0.25% in October may spell good news for the common man, not just in terms of a lower…
Stock market today: Nifty50 opens in green; BSE Sensex above 80,300
Market experts anticipate sideways movement, influenced by global indicators. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Wednesday ahead of the RBI monetary policy. While Nifty50 was above 24,600, BSE Sensex was up over 50 points. At 9:16 AM, Nifty50 was trading at 24,625.00, up…
RBI rate cut: SBI sees 25 bps easing as best option; why experts prefer status quo
A SBI research report has pitched for a 25 basis points (bps) cut in the repo rate, calling it the “best possible option” for the Reserve Bank of India (RBI), even as several experts believe the central bank’s Monetary Policy Committee (MPC) may once again choose to hold rates steady in its upcoming policy review.The…