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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 factory growth softened in November on high inflationary pressures, PMI shows
India's factory growth cooled in November yet maintained a strong pace, leading to significantly improved optimism despite demand easing a bit due to higher price pressures, a business survey found.
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.
Growth returned to Kazakhstan service sector in November, PMI shows
Kazakhstan’s service sector activity saw renewed gains in November, following a contraction in October, according to purchasing managers’ index (PMI) data released by Freedom Holding Corp and S&P Global on December 5.
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 ...
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 ...
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 ...
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 ...
17h
on MSN
India records highest rooftop solar growth till September 2024: Report
Adds a record 1.9 gigawatts (GW) of rooftop solar capacity in the first nine months of calendar year 2024, primarily driven ...
13h
on MSN
CNBC's Inside India newsletter: What lies ahead for India after a big GDP growth miss?
The recent growth number for the second fiscal quarter, has put a dent on the optimism towards India as experts question what ...
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 ...
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