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RBI retains repo rate at 6.5 pc, FY25 growth at 7.2 pc

Oct 9, 2024

New Delhi, Oct 9 (IANS) The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Wednesday decided to maintain the status quo on the repo rate at the current 6.5 per cent, while retaining India's real GDP growth forecast at 7.2 per cent for FY25.RBI Governor Shaktikanta Das said that inflation for the third quarter (Q3) this fiscal is…

Experts hail India’s inclusion in FTSE Russell’s Emerging Market government bond index

Oct 9, 2024

New Delhi, Oct 9 (IANS) Industry experts on Wednesday hailed India’s inclusion in the prestigious FTSE Russell’s Emerging Market government bond index in September next year, saying this will strengthen the government's ability to support…

Business

Sensex trades higher before RBI MPC outcome

Oct 9, 2024

Mumbai, Oct 9 (IANS) Indian equity indices were trading higher on Wednesday before the monetary policy decision announcement from the Reserve Bank of India (RBI).At 9.48 a.m., Sensex was up 251 points or 0.31 per cent at 81,873 and Nifty…

Business

India offers $15 billion opportunity for Taiwanese firms in high-tech manufacturing

Oct 9, 2024

New Delhi, Oct 9 (IANS) As India doubles down on local manufacturing of end-to-end electronics products and more, there lies a massive $15 billion opportunity for Taiwanese companies across sectors like printed circuit boards (PCBs),…

Business

South Korea to join key FTSE Russell global bond index

Oct 9, 2024

Seoul, Oct 9 (IANS) South Korea will be included in a key global government bond index run by FTSE Russell, starting in November next year, the London-based organisation has said, a decision expected to help it attract significant foreign…

Business

Centre asks major retailers to follow declining mandi prices of key pulses

Oct 8, 2024

New Delhi, Oct 8 (IANS) Prices of tur (arhar) and urad pulses in major mandis have declined by almost 10 per cent in the last three months but retail prices have not seen a similar decline yet, the Centre said on Tuesday.Nidhi Khare,…

Business

Gem artist commits suicide in Surat, family blames diamond company

Oct 8, 2024

Surat, Oct 8 (IANS) A gem artist living in the Varachha area here hung himself to death at his residence on Tuesday. His family said that the diamond company he worked for withheld a bonus and that led him to take the extreme step.The…

Business

RBI MPC likely to maintain status quo, all eyes on repo rate

Oct 8, 2024

New Delhi, Oct 8 (IANS) As the Reserve Bank of India (RBI) gears up to announce the decision of its Monetary Policy Committee (MPC) meeting on October 9, industry experts on Tuesday said the Central Bank is likely to maintain a status quo…

Business

Sensex surges on election results; auto, pharma and realty gain

Oct 8, 2024

Mumbai, Oct 8 (IANS) Indian equity benchmark closed on a positive note, on the back of election results which supported PSU stocks and brought optimism in the market. At closing, Sensex was up 584 points or 0.72 per cent at 81,634 and…

Business

Uber Pet launches in Bangalore A new way to travel with your furry friends

Oct 8, 2024

Uber, one of India’s leading ridesharing app announced the launch of Uber Pet in Bangalore, allowing riders to bring their beloved pets along for the ride.

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