Indian economy is growing at a robust pace and will not face any challenge in achieving a growth rate upwards of 6.5 per cent in the current financial year, RBI Monetary Policy Committee (MPC) member Nagesh Kumar said on Sunday. Kumar, in an interview with PTI Videos, further said that Indian economy, among all economies, continues to remain a bright spot for the world. "Actually, more than a third of global economies are under the debt crisis...The industrialised economies are facing a lot of pressure and high inflation and the slowdown of economic growth," he said. But because Indian economy is more driven by domestic consumption and domestic investment, less by export or trade, Kumar said India continues to grow very robustly. "I do not see any challenges in Indian economy achieving upwards of 6.5 per cent kind of growth in the current year and the following year. "And, you know, hopefully this kind of growth momentum will continue for coming years, but also be over time ...
Trade policy outcomes in July, after the temporary tariff hiatus is over, and the future course of geopolitical events would likely shape the medium-term economic prospects
Consumption stocks: With RBI cutting repo rate and CRR amid easing inflation, consumer sentiment is expected to improve. Find out which consumer stocks could benefit the most and top stocks to buy
The RBI reduced the policy repo rate for a third successive time, which was widely expected
RBI cuts repo rate to 5.50%. Borrowers with MCLR or base rate loans could save up to ₹8.5 lakh by switching to repo-linked loans, say experts
Sensex Today | Stock Market close highlights, Friday, June 6, 2025: RBI MPC cut repo rate cut to 5.5%, more-than-expected. The announcement triggered a sharp rally in bank, auto, real estate stocks
The policy outlook will depend on the macro outlook. We see downside risks to the RBI's GDP growth and CPI inflation outlooks, said Nomura, in a note.
RBI Governor Sanjay Malhotra says inflation is under control as repo rate is cut to 5.5%, CRR lowered to 3% and policy stance turned neutral to support growth and banking system liquidity
RBI MPC: The RBI has delivered a liquidity bazooka, but the real gains ahead depend on how fast the credit flywheel turns. Debt investors, thus, must navigate this shift with nuance
RBI cuts repo rate by 50 bps to 5.5%, making home loans cheaper. Borrowers with repo-linked loans to see quicker EMI relief; others may consider switching
Thus far in the calendar year 2025, SBI Cards (up 45%), HDFC AMC (up 22%), HDFC Bank (up 12%) have outperformed the BSE Sensex, which was up 4.6% during the same period.
RBI MPC's latest decisions come amid easing inflationary pressures and continued challenges to economic growth. Here are the highlights from the central bank's June policy meet
The Reserve Bank of India (RBI) on Friday cut the repo rate by 50 basis points to 5.50 per cent, marking the third consecutive reduction in 2025.
With inflation easing and growth momentum weakening, RBI is widely expected to cut the repo rate by 25 bps to 5.75% at its June 6 MPC meeting, continuing its accommodative stance
At 01:18 PM; Nifty Realty index, led by Puravankara and Sobha, was up 2.2 per cent, as compared to a 0.7 per cent rise in the Nifty50.
The Reserve Bank's rate-setting panel started its three-day brainstorming on monetary policy as expectations are high of a 25 bps or even a jumbo 50 bps rate cut to fuel economic growth amid uncertainties created by Trump's tariff moves. The decision of the Monetary Policy Committee (MPC), headed by Reserve Bank Governor Sanjay Malhotra, will be announced on Friday. The RBI reduced the key interest rate (repo) by 25 bps each in February and April, bringing it to 6 per cent. This could be the third back-to-back reduction in the short-term benchmark lending rate. In response to the 50-bps cut in the policy repo rate since February 2025, most of the banks have reduced their repo-linked external benchmark-based lending rates (EBLRs) and marginal cost of funds-based lending rate (MCLR). Experts are of the view that the RBI may reduce the repo rate by 25 bps on Friday and another similar cut in the next policy. However, an SBI research expects the central bank to go in for a "jumbo" rat
Over the next year or two, earnings growth will be limited to a few sectors and not broad-based, said Sushant Bhansali, chief executive officer at Ambit Asset Management
The Reserve Bank is likely to go for a third consecutive rate cut of 25 basis points on Friday as inflation continues to remain below the median target of 4 per cent, to push growth amid continued global uncertainty triggered by the US tariff moves. Reserve Bank's rate-setting panel Monetary Policy Committee (MPC) will start deliberations on the next bi-monthly monetary policy on June 4 and announce the decision on June 6 (Friday). The RBI reduced the key interest rate (repo) by 25 bps each in February and April bringing it to 6 per cent. Six-member MPC headed by RBI Governor Sanjay Malhotra also decided to change the stance from neutral to accommodative in its April policy. In response to the 50-bps cut in the policy repo rate since February 2025, most of the banks have reduced their repo-linked external benchmark based lending rates (EBLRs) and marginal cost of funds-based lending rate (MCLR). "We do believe that given the rather benign inflation conditions and the liquidity ...
RBI's balance sheet grew to ₹76.25 trillion in FY25 with a record ₹2.69 trillion surplus and higher gold, domestic and foreign investments; gold holding rose 57.48 tonnes
While overall money-market turnover has risen to an average $70 billion a day, interbank trades account for just 2 per cent of that, down from 20 per cent a decade ago