RBI Monetary Policy Meeting Dec 2024 LIVE Updates: Will RBI announce repo rate cut today; catch all the LIVE updates here

Shaktikanta Das, RBI Governor

The RBI's crucial Monetary Policy review is underway, with Governor Shaktikanta Das set to reveal key decisions on December 6 at 10 am. Here's what you need to know

RBI, Reserve Bank of India

Markets Live: Benchmark Indian equity indices BSE Sensex and Nifty 50 were trading on a muted note on Friday as the RBI MPC decided to hold rates at 6.5 per cent

Dalal Street, Stock Market, Market, Crash, Funds, up, Stock, Gain, Lost, decline, statistic, Crisis, Capital, BSE, NSE

The uptick in Gland Pharma share came after the company said that it has received approval from the United States Food and Drug Administration (US FDA) for Latanoprost Ophthalmic Solution

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Justin Trudeau met US President-elect Donald Trump for dinner to discuss the Republican leader's proposed tariffs on Canada. Here's what reportedly happened at the meeting.

Donald Trump, Justin Trudeau

The measures come on top of Nomura's existing plan to cut 62 billion yen ($414 million) of costs in the short- and medium-term, which include optimising information technology

Kentaro Okuda, CEO of Nomura

The airline rankings methodology takes into account customer claims processed worldwide, as well as outside data tracking on-time arrival and departure performance for every plane

indigo airlines, indigo

The statue is located near the Kashmiri Gate in Delhi, where Nicholson died during the 1857 rebellion

John Nicholson

India's swelling urban middle class has been the engine of its growth for far longer than government capex has

Urban spending

The Reserve Bank on Friday announced a raise in the interest rate caps on the diaspora's foreign currency deposits, in a move aimed at attracting more capital flows amid pressures on the rupee.
Announcing the fifth bi-monthly monetary policy for the current financial year, RBI Governor Shaktikanta Das said it has been decided to increase the interest rate ceilings on Foreign Currency Non-Resident Bank deposits or FCNR (B) deposits as per tenors.
It can be noted that the move comes at a time when rupee has been hitting lifetime lows against the dollar, and the Reserve Bank of India (RBI) seems to be deploying forex reserves to contain the volatilities, as seen in the sharp fall in the kitty over the last few weeks.
Starting from Friday, banks have been now permitted to raise fresh FCNR (B) deposits of 1 year to less than 3 years maturity at rates not exceeding Overnight Alternative Reference Rate (ARR) plus 400 basis points, as against 250 basis points earlier.
Similarly, deposits w

The Congress on Friday reiterated its support for farmers' demands and said their protests have received a "huge booster dose" from no less a person than Vice President Jagdeep Dhankhar.
The opposition party's assertion came ahead of a scheduled march by a group of farmers to Delhi from their protest site at the Shambhu border on the Punjab and Haryana border.
Also, the remarks comes days after Dhankhar, speaking at a ceremony to mark the centenary of ICAR-CIRCOT in Mumbai, said, "Agriculture minister, I request you to please tell me, what was promised to the farmer? Why was the promise not fulfilled? What should we do to fulfil the promise? There was a movement last year, there is a movement this year, too."
Congress general secretary in-charge communications Jairam Ramesh noted farmers are marching to Parliament Friday.
"Their protests received a huge booster dose from no less a person than the Vice President and Hon'ble Chairman of the Rajya Sabha himself," Ramesh said in his po

Farmers Protest, Protest, Farmer Protest

It was one of the darkest moments in the modern history of the Arab world. More than four decades ago, Hafez Assad, then president of Syria, launched what came to be known as the Hama Massacre.
Between 10,000 to 40,000 people were killed or disappeared in the government attack on the central Syrian city. It began on Feb 2, 1982, and lasted for nearly a month, leaving the city in ruins.
The memory of the government assault and the monthlong siege on the city, which at the time was a stronghold of Syria's Muslim Brotherhood, remains visceral in Syrian and Arab minds.
Now Islamist insurgents have captured the city, tearing down a poster of Hafez Assad's son, President Bashar Assad, and swarming security and government offices  scenes unimaginable 40 years ago.
The moment carried great symbolism in Syria's long-running civil war, which began 13 years ago but many say is rooted in Hama.
A dark history
Hama, Syria's fourth-largest city, is known for its quaint waterwheels, a landmark .

Refugees, Syrian Refugees

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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RBI hikes rate caps on diaspora's currency deposits to attract flows

Farmers' protests received booster dose from no less than VP: Cong

Here's why rebel capture of Syria's Hama, city with dark history, matters

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RBI MPC LIVE: Prudence, practicality & timing will continue to be our philosophy, says Governor Das

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