India central bank holds policy rate, as expected Source link
The Reserve Bank of India has kept its benchmark repurchase rate unchanged citing benign inflation, even as a myriad trade deals boosts the outlook for the world’s fastest growing major economy. Reserve Bank of India (RBI) Governor Sanjay Malhotra. (Punit Paranjpe/AFP Photo) The RBI’s six-member Monetary Policy Committee (MPC), which met over 4-6 February, voted […]
Shares of Apollo Tyres closed at ₹512.40 apiece on the BSE on Wednesday | Photo Credit: Adeel Halim Apollo Tyres on Wednesday said that the company will invest ₹5,810 crore by fiscal year 2029 (FY29) for capacity expansion of its passenger car radial tyres (PCR) and truck and bus radial (TBR) at its Andhra Pradesh […]
Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal and Union Minister for Railways Ashwini Vaishnaw, Union MoS Shantanu Thakur and others during the signing ceremony for the establishment of the Bharat Container Shipping Line (BCSL), in New Delhi on Tuesday. | Photo Credit: @sarbanandsonwal X/ANI Photo The government on Tuesday announced the signing of […]
India and the United States clinched a major trade pact on February 2, with Washington cutting tariffs on Indian goods to 18%, giving New Delhi a competitive edge over export rivals such as China, Indonesia, Vietnam and Bangladesh. Experts say the agreement could indirectly affect the real estate market by boosting foreign direct investment in […]
Shares of food delivery and quick-commerce major Eternal rose as much as 9.3%, hitting a day’s high of Rs 298.50 on the BSE on Tuesday, after global brokerage Jefferies added the stock to its India model portfolio, replacing Godrej Consumer Products. Jefferies described Eternal as an “FPI favourite”, citing strong growth and steady margin improvement […]
Rooted in the Indian ethos of compassion, the Jeevodaya Silk method enables silkworms to complete their natural life cycle while producing usable silk. The project aims to promote ethical, sustainable silk production and improve rural livelihoods. | Photo Credit: T. APPALA NAIDU/THE HINDU IIT Bombay’s Centre for Technology Alternatives for Rural Areas has developed a […]
Indian bonds are likely to open sharply weaker on Monday, as investors digest a larger-than-expected borrowing plan for the next financial year, while the central bank’s bond-buying could lend some support. The benchmark 10-year 6.48 per cent 2035 bond yield is likely to be in the 6.71 per cent-6.77 per cent range, according to a […]
Union finance minister Nirmala Sitharaman said in her budget speech on Sunday that the financial planning and focus of the Narendra Modi government is based on three kartavya or duties. Union finance minister Nirmala Sitharaman at Parliament to present the Union Budget 2026 in New Delhi on Sunday. (Rahul Singh/ANI Photo) The first one: To […]
Finance Minister Nirmala Sitharaman. Union Budget 2026 LIVE: Finance Minister Nirmala Sitharaman is set to deliver her ninth straight budget speech in the Parliament today, with an aim to keep the Indian economy in the “goldilocks” zone of high growth and low inflation while battling geopolitical headwinds stoked by Donald Trump and his tariff tantrums. […]