The Reserve Bank of India (RBI) is staying cautious on interest rate changes, with Governor Sanjay Malhotra warning of persistent global uncertainties—particularly around tariffs—that could disrupt economic momentum. In the Monetary Policy Committee (MPC) meeting held from August 4 to 6, the RBI decided to keep the repo rate unchanged at 5.5 per cent. Minutes…
Indian stock markets swung between gains and losses on Wednesday as investors reacted to the Reserve Bank of India’s decision to keep interest rates unchanged. The cautious tone from policymakers weighed on rate-sensitive pockets, with realty, auto, and consumer stocks pulling the indices lower through the session. The Monetary Policy Committee (MPC) kept the repo…
RBI Repo Rate Unchanged: The Reserve Bank of India on Wednesday kept the benchmark repo rate unchanged at 5.5 per cent, as the Monetary Policy Committee struck a balanced tone between softening inflation and resilient economic growth. The decision unanimously backed by all six MPC members was widely expected, though the central bank’s lowered inflation forecast…
Shares of Bajaj Finserv witnessed heavy activity in the pre-open session on Friday, with 2.85 crore shares, or 1.79 percent of the company’s total equity, changing hands on the National Stock Exchange via block deal. The transaction, valued at around ₹5,506 crore, took place ahead of regular market hours. The identities of the buyers and…