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Source: Live Mint Mint spoke with debt fund managers about their outlook following RBI’s first rate cut in nearly five years and the fiscal policy measures announced in the Union Budget. Read this | Mint Explainer | RBI’s rate cut and how it will benefit retail borrowers Will yields fall? Fund managers suggest that G-Sec…
Source: Live Mint With the Reserve Bank of India (RBI) slashing the repo rate by 25 basis points to 6.25 per cent, interest rates on fresh loans are likely to decline. Notably, today’s repo rate cut was the first in nearly five years. With short-term funding available cheaply to banks, personal loans to retail borrowers…
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 The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open on cautious note on Friday amid mixed global cues and ahead of the Reserve Bank of India’s (RBI) monetary policy decision. The trends on Gift Nifty indicate a mildly positive start for the Indian benchmark index. The Gift…
Source: Live Mint The Indian stock market benchmark index Nifty 50 is expected to reach 26,100 level by December 2025, Kotak Securities said in its Market Outlook 2025 report, while maintaining a ‘cautiously optimistic’ approach on the domestic equities. The Nifty 50 target for 2025 represents a 6% increase from its closing level on Tuesday….
Source: Live Mint The Reserve Bank of India’s (RBI) on December 6 kept the benchmark repo rate unchanged at 6.5% for the eleventh straight meeting, and maintained the monetary policy stance ‘Neutral’. The six-member Monetary Policy Committee (MPC) led by RBI Governor Shaktikanta Das decided to remain unambiguously focused on a durable alignment of inflation…
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: Live Mint Indian stock market: The domestic equity market benchmark indices, Sensex and Nifty 50, are expected to open on a cautious note on Monday amid mixed global market cues. Asian markets traded mostly lower, while the US stock market ended higher last week, with the Dow Jones Industrial Average and S&P 500 posting…
Source: Live Mint INR vs USD: The Indian rupee has remained range-bound despite a weakening US dollar and favourable global factors, including declining crude oil prices and strong foreign institutional inflows (FII) into the Indian stock market. The US dollar index slipped to multi-month lows of around 101 level from a three-month high of 106.00,…
