Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
The RBI’s 25-basis-point repo rate cut to 5.25% is expected to make advances, including home loans, more affordable, offering timely year-end relief for homebuyers as high property prices persist. Real estate experts say the move could draw first-time, affordable, and mid-market buyers back into the market. Its true impact, however, hinges on the speed and […]
The Indian Rupee has slipped to another record low against the US Dollar, a day before the Reserve Bank of India spells out its latest monetary policy decision. The rupee weakened to 90.42 against the U.S. dollar, eclipsing its previous all-time low of 90.29 hit on Wednesday. (Bloomberg) The rupee weakened to 90.42 against the […]
India’s recent macroeconomic data reinforces the case for a repo rate cut in the December monetary policy, Reserve Bank of India Governor Sanjay Malhotra said on Monday, triggering a drop in the bond yield. RBI Governor Sanjay Malhotra. (Reuters) “The monetary policy committee had signaled the scope of further rate cuts in October and the […]
