The FinTech Hub
Source: Live Mint Stock market today: Indian markets continued their stellar run for the sixth consecutive trading session on Monday, March 24, with Nifty 50 and Sensex surging another 1% each at the day’s highs, building on last week’s strong momentum. Positive domestic macroeconomic factors and easing concerns over valuations, especially in large-cap stocks, have…
Source: Live Mint The US Federal Reserve’s decision to keep its policy rate unchanged in the 4.25%-4.50% range, along with its guidance for two rate cuts in 2025, has triggered fresh discussions on how central banks across the globe, including the Reserve Bank of India (RBI), will respond. The RBI had initiated the repo rate-cut…
Source: Live Mint To meet the National Statistical Office’s (NSO) ambitious goal of 6.5% growth in India’s FY25 gross domestic product (GDP), the economy needs to pick up a significant pace in the March quarter (Q4FY25). But the crucial manufacturing sector is losing impetus, shows the latest Purchasing Managers’ Index (PMI) data—a private survey. The…
Source: Live Mint The RBI recently reduced the repo rate. How does this affect interest rates on vehicle loans? Should I expect my monthly payments to decrease? What factors should I consider before taking a car loan in this scenario? – Name withheld on request With the RBI’s recent repo rate cut, we may expect…
Source: Live Mint Mumbai: Stock market constituents expecting an outsized rate cut, a shift in monetary policy stance and comments on durable liquidity were left disappointed on Friday after the Reserve Bank of India’s Monetary Policy Committee meeting. The MPC’s 25 basis point rate cut—its first in nearly five years—fell below the expectations of certain quarters….
Source: Live Mint India’s central bank, the Reserve Bank of India (RBI), concluded the monetary policy committee on Friday, February 8, and announced a 25-basis-point rate cut to 6.25 per cent for the first time in five years. RBI also lowered its growth forecast for the Indian economy to 6.7 per cent, citing the headwinds…
Source: Live Mint The long-awaited policy rate easing by the Reserve Bank of India (RBI) is finally here. With inflation cooling from recent peaks, GDP growth dipping marginally, and global central banks shifting to accommodative policies, expectations were high ahead of the latest monetary policy review. The announcement did not disappoint—RBI has cut the repo…
Source: Live Mint RBI Monetary Policy: The Reserve Bank of India (RBI) avoided disappointing the market by announcing a 25-basis-point rate cut on Friday, February 7—the first in nearly five years. The central bank cut benchmark policy rates by 25 bps to 6.25 per cent from 6.50 per cent and maintained the policy stance as…
Source: Live Mint RBI monetary policy: The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is deliberating on interest rates amid heightened uncertainty. After a Budget that focused on consumption, the market appears to have largely priced in a 25 bps rate cut. RBI Governor Sanjay Malhotra will announce the policy decision…
Source: Live Mint MUMBAI : Foreign portfolio investors (FPIs) had amassed a record 153,404 short contracts on Nifty and Bank Nifty futures as of Tuesday, a day before the Reserve Bank of India’s Monetary Policy Committee (MPC) begins its three-day meeting (5-7 February). Markets widely expect a 25-basis-point rate cut. “These shorts are at a…
