The US Federal Reserve’s decision to cut rates by 50 basis points is unlikely to prompt an immediate reaction from RBI. This move could help stabilize the rupee and lower borrowing costs. Experts have mixed opinions on its impact, with some seeing benefits for NBFCs while others remain cautious about broader economic effects.
Related Posts
US stocks climb as Fed cuts interest rates by 0.25% to curb inflation
The US stock market climbed on Thursday following the Federal Reserve’s decision to cut interest rates by 0.25%, a move widely anticipated by investors. The […]
ICICI Prudential Life’s Q2 profit rises to Rs 252 crore
ICICI Prudential Life Insurance witnessed a 3% increase in net profit for the September quarter, reaching Rs 252 crore. Total income, net premium earned, and […]
Star seeks $940 million from Zee over failed cricket deal
Star India has filed a claim for $940 million in damages against Zee Entertainment Enterprises in the London arbitral court due to payment defaults on […]