rbi rate decision Archives

Is a rate cut on cards? Sanjay Malhotra to announce decision at 10 am—10 things to know

Topnewsplus2 months ago01 mins

RBI Governor Sanjay Malhotra is set to announce a key rate decision in a press briefing slated to begin at 10 am on Wednesday, October 1. Most economists expect no change in the repo rate — the key interest rate at which the RBI lends short-term funds to commercial banks — in this review, just…

Sensex, Nifty50 close lower for 8th day in a row; all eyes on RBI

Topnewsplus2 months ago04 mins

Domestic equity benchmarks finished a choppy session mildly lower on Tuesday, continuing to fall for the eighth session in a row. Sharp losses in energy and FMCG stocks outweighed gains in financial, auto and metal shares. Both headline indices finished 0.1 per cent lower, with the Sensex dropping 97.3 points to 80,267.6 and the Nifty50 settling…