The Reserve Bank has approved the open offer of Burman family — the promoters of FMCG major Dabur — to acquire an additional 26% stake in NBFC firm Religare Enterprises …
RBI
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Business
Indian rupee hits record low as appointment of new RBI chief spurs dovish bets
by Adminby AdminThe RBI likely stepped in to support the rupee, with traders pointing to dollar sales by state-run banks. Representational image | Photo Credit: Reuters The Indian rupee weakened to a …
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ย The decision taken at the RBI Governor Shaktikanta Das headed six-member Monetary Policy Committee will be announced on Friday (December 6, 2024) | Photo Credit: Reuters Reserve Bank’s high level …
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Business
Stock markets close lower on fag-end selling as RBI changes stance to neutral
by Adminby AdminImage for representational purposes only. | Photo Credit: REUTERS Benchmark equity indices Sensex and Nifty pared early gains to settle lower on Wednesday (October 9, 2024) due to late selling …
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Aug 30, 2024 08:07 PM IST All-India HPI increased by 3.3 per cent (y-o-y) in Q1:2024-25 as compared to 4.1 per cent growth in the previous quarter and 5.1 per …
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The Reserve Bank of India (RBI) has constituted an Expert Committee under the chairmanship of deputy governor Michael Debabrata Patra to benchmark the statistics regularly disseminated by it against global …
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Real Estate
RBI Policy review: No impact on home loan EMIs as repo rate kept unchanged, sets positive tone for the realty sector
by Adminby AdminThe Reserve Bank of Indiaโs decision to keep repo rates unchanged at 6.5% for ninth consecutive time aligns well with the August 7 announcement on indexation benefits on sale of …
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What is inflation?ย In simple terms, inflation refers to an increase in the price of goods and services over a period of time. To illustrate, if five chocolates cost Rs …
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The RBI indicated that the interest rates offered by the Union government on two of Indiaโs most popular small savings schemes continue to languish below the rates they should have …
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Business
Union Budget 2024: NBFC sector seeks more funds to improve liquidity, regulatory reforms from Budget
by Adminby AdminAs of the end of March 2024, NBFCs had a CRAR of 26.6%, a GNPA ratio of 4.0% and a return on assets (RoA) of 3.3%.ย (Representational image only) Ahead of …