RBI MPC Meeting 2025: Repo Rate Cut By 25 bps, Now At 5.25%
New Delhi: In a major policy move, the Reserve Bank of India (RBI) on Friday announced a 25 basis points cut in the repo rate, reducing it to 5.25 per cent. RBI Governor Sanjay Malhotra shared the decision after wrapping up the three-day Monetary Policy Committee (MPC) meeting held from December 3 to 5. He said the committee carefully...
Nifty, Sensex Open Cautiously Ahead Of RBI Policy Announcement, Investors Also Tracking Putins India Visit
New Delhi: The domestic equity market opened on a cautious note on Friday with a marginal dip as investors awaited the Reserve Bank of India's policy announcement and monitoring Russian President Vladimir Putin's visit to India, where he will be holding key meetings related to bilateral relations.
The Nifty 50 index opened at 25,999.80, registering a decline of -33.95...
RBI Governor To Announce Policy Rate Today; Experts Split As Economists Expect Pause, Industry Eyes Cut
New Delhi: The Reserve Bank of India (RBI) Governor Sanjay Malhotra will announce the policy rate today at 10 am as the three-day Monetary Policy Committee (MPC) meeting concludes on Friday. The financial markets remain divided on expectations from the MPC, with economists largely anticipating a pause in rate action, while some industry voices believe the time is...
RBI MPC Meeting Today: Will The RBI Cut Rates Or Pause? Check Time & Where To Watch
New Delhi: Today, the Reserve Bank of India (RBI) is set to unveil its latest monetary policy decision, the result of a three-day review by the Monetary Policy Committee. The announcement will be made by Governor Sanjay Malhotra, arriving at a pivotal moment: inflation is gradually cooling, economic growth is gaining momentum, the rupee has slid past the...
Rupee Hits Record Low Against Dollar: You Won’t Believe These Countries’ Currencies Are Even Weaker
World’s Weakest Currencies: The year 2025 has been challenging for the Indian rupee. For the first time, it fell below Rs 90 per US dollar, reaching a record low. This decline reflects pressures from rising dollar strength, cautious global markets and foreign capital outflows. However, India is not alone, many countries across the world are facing currencies that...
ED Gets Nod To Confiscate Rs 127-Cr Assets Of Fugitive Shine City Promoter Rashid Naseem
NEW DELHI: In one of the first confiscations through the Fugitive Economic Offenders Act mechanism in Uttar Pradesh, the Enforcement Directorate (ED) has received approval to confiscate movable and immovable assets worth Rs 127 crore belonging to fugitive Rashid Naseem and the Shine City Group of Companies. The confiscation move comes after the agency designated Naseem as a...