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Most experts believe that a rate cut by the US Federal Reserve is a positive signal for the Indian markets. (AI image) The US Federal Reserve cut the benchmark rate by 25 basis points in the latest monetary policy review. A split US Federal Reserve announced its third successive interest rate cut of the year,…
The Reserve Bank of India on Tuesday pressed banks to fully transmit policy rate cuts to borrowers, as Governor Sanjay Malhotra urged lenders to support sustainable growth and improve customer outcomes, PTI reported.Malhotra met managing directors and chief executives of public sector banks and select private lenders in Mumbai, asking them to pass on the…
The Indian rupee, which has been under persistent pressure through 2025, is unlikely to witness any sharp fall in the immediate term as its recent weakness has already played out, Union Bank of India said in a recent assessment. The bank noted that the currency has already slipped about 4 per cent this year and…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, rallied in trade on Thursday with the broader index hitting a lifetime high. While Nifty50 was above 26,250, BSE Sensex was up over 250 points. Nifty50 crossed its lifetime high of 26,277 hit last year in September to…
India’s central bank should shift away from its neutral monetary policy stance and deliver around 50 basis points of rate cuts over the next 12 months, according to a report by French asset manager Amundi. As per news agency ANI, the firm said the Reserve Bank of India (RBI) may need to act as economic…
