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Source: Live Mint Stock Market News: The Nifty 50 and Sensex, which are the main benchmark indices in the country, saw decreases in their daily and weekly performance due to foreign outflows, slowing corporate earnings, and escalating tensions in the Middle East on Friday. At the close of the week, the Sensex concluded at a…
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: Live Mint The Reserve Bank of India’s (RBI) Governor Shaktikanta Das on Wednesday announced to raise the transaction limits of UPI 123 and UPI Lite, thus expanding the scope of UPI for an increasingly large number of people. While acknowledging that Unified Payments Interface (UPI) has transformed India’s financial landscape by making digital payments…
Source: Business Standard 4 min read Last Updated : Oct 09 2024 | 11:38 AM IST The Reserve Bank of India (RBI) appointed the Monetary Policy Committee (MPC) in their fifth bi-monthly review in the calendar year 2024 decided to keep the repo rate unchanged at 6.5 per cent. Speaking on the occasion, the…
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: Business Standard 5 min read Last Updated : Oct 09 2024 | 1:35 PM IST RBI meeting today: The Reserve Bank of India’s (RBI) today, October 9, in its policy decision kept the repo rate unchanged at 6.5 per cent but changed its stance to ‘Neutral’ from ‘Accommodative’ which is largely assumed as…
Source: Business Standard RBI Governor Shaktikanta Das STATED THAT MPC remains focused on bringing headline inflation down to 4 per cent (Photo: Shutterstock) 3 min read Last Updated : Oct 09 2024 | 1:14 PM IST The Reserve Bank of India (RBI) on Wednesday unanimously decided to change the monetary policy stance to neutral while…
Source: Business Standard 3 min read Last Updated : Oct 09 2024 | 11:04 AM IST The Reserve Bank of India (RBI) on Wednesday decided to keep the repo rate unchanged for the tenth consecutive time, signaling a pivotal moment in the interest rate cycle. The shift from an accommodative to a neutral stance…
Source: Business Standard 4 min read Last Updated : Oct 09 2024 | 11:18 AM IST The Reserve Bank of India (RBI) on Wednesday decided to keep the key repo rate unchanged at 6.5% in its monetary policy review. This marks the tenth consecutive time the central bank has maintained a status quo, signalling…
Source: Live Mint Unified Payments Interface, or UPI, undoubtedly, has lately become ubiquitous. It has emerged as one of the world’s most popular alternative payments method, processing transactions to the tune of ₹80.8 lakh crore ($964 billion) in April-July 2024, a sharp 37 per cent year-on-year (y-o-y) surge in comparison to previous year. To give…
/cdn.vox-cdn.com/uploads/chorus_asset/file/25532310/STK478_breaking_into_phone_A.jpg?w=400&resize=400,250&ssl=1 "A new ‘ultra-secure’ phone carrier says it can make you harder to track")