RBI keeps repo rate unchanged at 5.5% and neutral stance, citing tariff uncertainties, trims FY26 inflation forecast to 3.1%, keeps growth projection steady at 6.5%
Stock market close highlights on Tuesday, Aug 5:Sensex settled 0.38 per cent or 308.47 points lower at 80,710.25 levels, while NSE's Nifty50 slipped 0.30 per cent or 73.20 points to 24,649.55 levels.
RBI MPC: The odds of another cut in the August meeting are rising after the US imposed a 25 per cent tariff on Indian exports
The MPC meeting is held bi-monthly to decide the interest rates, inflation, and growth estimates
The Supreme Court today stayed defamation proceedings against Leader of Opposition Rahul Gandhi for his 2022 remark that the Indian Army was “thrashed” by Chinese forces in Arunachal Pradesh.
Sectorally, Nifty Auto was among the top-performing sectoral indices, trading at 23,745.2, up by 1.43 per cent.
After keeping rates unchanged for 11 meetings, the RBI has slashed repo in the last three policy reviews; economists await the August 6 outcome
RBI's MPC voted 5:1 for a 50 bps rate cut in June to spur growth and boost credit amid benign inflation, with members supporting a shift to a neutral policy stance
Since June 6, AU Small Finance Bank has rallied 11 per cent after the Reserve Bank of India (RBI) Monetary Policy Committee (MPC) cut the policy repo rate by 50 bps to 5.5 per cent
It is important to understand the rationale behind the MPC's decision to reduce the policy rate by 50 basis points, as against the market expectation of 25 basis points
Clearly, it is not for the RBI and its monetary policy committee (MPC) to fix any of these deep structural issues and magically create growth
After the RBI's surprise 50 bps repo rate cut, major state-run banks including PNB, Bank of Baroda and UCO Bank have reduced lending rates to boost transmission
The recent moves by the monetary policy committee, of cutting rates, are in the right direction, and should be seen in the larger context of macro policy
The cut in CRR would release primary liquidity of about Rs 2.5 lakh crore to the banking system by December 2025
The policy, according to U R Bhat, co-founder & director, Alphaniti Fintech shows the RBI's confidence in inflation and other macro variables
RBI MPC meeting June 2025 highlights: MPC felt frontloading of rate cut will boost growth, RBI Governor Sanjay Malhotra said today; catch all the LIVE updates here
RBI cuts repo rate by 50 bps to 5.5%. FD interest rates fall further, prompting investors to consider laddering, hybrid funds, and small savings schemes for better returns
Indian Rupee today: The domestic currency appreciated 16 paise to end at 85.64 against the greenback, after closing at 85.80 on Thursday
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.