In his first Monetary Policy announcement on Friday, Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that the Monetary Policy Committee (MPC) had unanimously decided to reduce the policy ...
Sharing the projections about inflation levels in the economy, Governor Sanjay Malhotra said that the retail inflation rate for the 2024-25 fiscal year (FY25) is now estimated to be at 4.5 per cent.
RBI Governor Sanjay Malhotra announced a 25 basis points rate cut on February 26, the first in five years, to stimulate the slowing economy. The MPC maintained a neutral stance, projecting FY26 ...
In a rare double bonanza for the aam aadmi, the government has delivered two significant announcements within a week. First, Finance Minister Nirmala Sitharaman made income up to ₹12 lakh tax-free.
Terming the RBI’s decision to cut the repo rate by 25 basis points as ‘a welcome move’ for Thane’s real estate, Jitendra Mehta, President, CREDAI MCHI Thane said it was important, given that ...