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India Central Bank Holds Rates
India cenbank steps in to support growth with more liquidity; keeps key rate steady
The Reserve Bank of India (RBI) kept its key interest rate unchanged on Friday but cut the cash reserve ratio (CRR) that banks are required to hold, effectively easing monetary conditions as economic growth slows.
India central bank holds rates despite growth dip
Major central banks around the world have kicked off a global easing cycle in response to lower inflation -- including the US Federal Reserve, which in September cut rates for the first time in four y
India's central bank keeps rate as inflation exceeds tolerance level
MUMBAI -- The Reserve Bank of India (RBI) on Friday held its benchmark interest rate at 6.5% as inflation soared beyond the central bank's mid-term tolerance band. Even though India's economic growth has slowed, a strong majority of economists has predicted that the central bank would hold to combat inflation.
US Services Sector Activity Growth Cools
India's services sector saw strong growth in November, PMI shows
Growth in India's dominant services sector remained strong in November despite the steepest rise in prices for over a decade, while consistent demand led to a significant rise in business sentiment and record hiring,
U.S. Service Sector Growth Slows More Than Expected In November
A report released by the Institute for Supply Management on Wednesday showed U.S. service sector growth slowed by more than
US Services Sector Activity Growth Cools In November: Survey
Activity in the US services sector grew more slowly in November, on the back of cooling in areas like business activity, new orders and employment, survey data showed Wednesday, while businesses eyed potential new tariffs.
CNBC on MSN
1h
India's central bank revises down economic growth forecast for 2025, keeps interest rate steady
India
's central bank expectedly kept the benchmark interest rate unchanged at 6.50% on Friday as it struggles to contain ...
cnbctv18
1h
RBI MPC GDP Growth Update: FY25 forecast cut to 6.6%; Governor says Eco 'bottomed out' in Q2
The decision to revise the GDP growth projections lower came after India's GDP growth for the September period fell to the ...
6d
India's quarterly growth slumps to a near two-year low, well below expectations
Alicia Garcia Herrero, chief Asia-Pacific economist at Natixis, said India's economy will slow but not "collapse" in 2025.
3d
India to take steps to achieve 6.5%-7% GDP growth target
The Indian government is taking steps to help the economy achieve the FY25 GDP growth target of 6.5%-7%, the country's ...
Swarajya
1h
RBI Keeps Repo Rate Unchanged At 6.5 Per Cent, Cuts CRR By 50 Basis Points To 4 Per Cent; FY25 Growth Target Lowered To 6.6 Per Cent
The six-member Monetary Policy Committee (MPC) led by RBI Governor has decided to keep the benchmark repo rate unchanged at 6 ...
3h
India's growth offers great opportunities to US investors: KV Subramanian
Of the belief that India is headed to be a USD 55 trillion economy by 2047, India's Executive Director at the IMF Dr K V ...
3d
India's weak Q2 growth widens divide between government, cenbank priorities
India's central bank is under increasing political pressure to cut interest rates as soon as this week, after data showed ...
1d
India's growth to average 6.8% over next three years on strong investment and infra spend: OECD
The organisation revised India’s FY26 growth forecast to 6.9 percent, up from the 6.8 percent projected in the September ...
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