India’s c.bank set to raise rates; outlook on growth, inflation in focus
MUMBAI, Dec 7 (Reuters) – The Reserve Bank of India (RBI) is widely seen raising its key lending rate by 35 basis points on Wednesday as inflation continues to stay above its tolerance band but markets will be looking to its outlook on growth and…
Gold rates in India today near lowest in a month but silver prices rise | Mint
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RBI likely to slow down pace of rate hikes, may raise rates by 0.25 pc in Sept: Deutsche Bank
The Reserve Bank‘s rate setting panel is likely to opt for slowing down the pace of hikes and increase the repo rate by 0.25 per cent in September, Deutsche Bank said on Monday. The central bank has already hiked the repo rate by 1.40 per…
Rupee, rates and Russia: Macro-headwinds for India’s airlines
Mini The macro-headwinds are adding to airline industry woes. Collectively airlines stand to lose more than USD 2.1 billion at the very least. How rupee, rates and Russia trend will show the path ahead. Last week witnessed mixed market reactions with the Reserve Bank of…
India Rates Set to Return to Pre-Pandemic Levels: Decision Guide
Most economists split on size of rate hike between 35bps-50bps Interest rate differential needed to fend off rupee weakness Shaktikanta Das, governor of the Reserve Bank of India. Photographer: Dhiraj Singh/Bloomberg August 3, 2022, 9:00 PM UTCUpdated onAugust 4, 2022, 5:33 AM UTC India’s central-bank…
Interest rates unchanged on small savings
The government on Thursday kept interest rates unchanged on small savings schemes, including National Savings Certificate and Public Provident Fund, for the second quarter of 2022-23 amid high inflation and rising interest rate. The interest rate on small savings schemes has not been revised since…
Revised GST rates kick-in today; Here is a list of items that’ll get costlier
Consumers may have to shell out more starting July 18 as several goods and services will cost higher with the Goods and Services Tax (GST) Council approving rate hike to address inverted duty structures and withdrawing some exemptions. Finance minister Nirmala Sitharaman said any increase…
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