The FinTech Hub
Source: Live Mint Union Finance Minister Nirmala Sitharaman recently hinted at the need to cut interest rates for the sake of growth. In a covert hint, which can be construed as a nudge, she hoped for the lending rates to be more affordable. At an SBI event held in Mumbai on Monday, Ms Sitharaman said…
Source: Business Standard FMCG stocks may ride through this near-term investor anxiety 4 min read Last Updated : Oct 10 2024 | 7:01 PM IST RBI on inflation: The Reserve Bank of India (RBI)’s caution on inflation, highlighted during the October monetary policy meeting, may put investors’ faith in fast moving consumer goods (FMCG) stocks…
Source: Business Standard 4 min read Last Updated : Oct 09 2024 | 11:51 AM IST The major takeaway from the credit policy is the change in stance, as it was unexpected. The fact that this was unanimous points to a common view taken by all the six members. This is important because it is…
Source: Live Mint RBI monetary policy: Controlling inflation is like taming a wild horse—a task that’s never easy and requires constant vigilance. Just ask the RBI Governor Shaktikanta Das. Today, Das announced that the inflation horse has finally been led back to the stable, inching closer to the target range. But he warned that opening…
Source: Live Mint Rate-sensitive sectors surged on Wednesday, October 9 following the Reserve Bank of India (RBI)’s decision to change its policy stance to ‘Neutral’ from ‘Withdrawal of Accommodation,’ indicating the possibility of a rate cut in December. The RBI’s Monetary Policy Committee (MPC), however, kept the repo rate unchanged at 6.5 per cent for…
Source: Business Standard Stock Market Today, October 09, 2024: All eyes are on the RBI policy meeting outcome, which is expected to influence market sentiment today. Amid this anticipation, benchmark indices—Nifty50 and Sensex—are likely to see a positive opening. RBI’s new monetary policy committee may be well-placed to set the stage for an…
Source: Business Standard Reserve Bank of India (RBI) Governor Shaktikanta Das arrives (Photo: PTI) 3 min read Last Updated : Oct 07 2024 | 4:39 PM IST The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) began its three-day deliberations on Monday. Led by RBI Governor Shaktikanta Das, the committee is expected to decide…
Source: Business Standard Worsening tensions in the Middle East and foreign fund outflows were the major culprits behind the equity markets sharp fall last week | (Photo: Shutterstock) 3 min read Last Updated : Oct 06 2024 | 11:20 AM IST The Reserve Bank of India’s (RBI’s) interest rate decision, Middle East conflict and…
Source: Business Standard RBI, Reserve Bank of India(Photo: Shutterstock) 1 min read Last Updated : Oct 04 2024 | 11:25 AM IST The newly constituted Monetary Policy Committee (MPC) includes three new external members: Ram Singh, Saugata Bhattacharya, and Nagesh Kumar. In this context, we review how inflation and policy rates performed under the previous…
Source: Business Standard India’s central bank watchers are getting anxious about who will decide interest rates. Image: Bloomberg 5 min read Last Updated : Sep 27 2024 | 10:15 AM IST By Anup Roy India’s central bank watchers are getting anxious about who will decide interest rates in two week’s time, a crucial meeting as…
