Why did RBI governor Shaktikanta Das-led MPC not cut repo rate despite GDP shocker? Top 5 points to know
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RBI MPC meeting: The Reserve Bank of India (RBI) maintained the repo rate at 6.5% while reducing the Cash Reserve Ratio (CRR) to 4%. The RBI acknowledged a growth slowdown, revising the GDP forecast to 6.6% and increasing the inflation estimate to 4.8%.
Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Thursday. While BSE Sensex was above 81,600, Nifty50 was above […]
India’s Unified Payments Interface (UPI) processed a staggering 15,547 crore transactions worth Rs 223 lakh crore between January and November 2024. UPI’s global reach now […]
