Equity markets ended slightly higher on Friday after the Reserve Bank of India left interest rates unchanged, a move that was widely expected, and announced a proposal to allow banks to lend to Real Estate Investment Trusts (REITs) under prudential safeguards.The 30-share BSE Sensex rose 266.47 points, or 0.32 per cent, to close at 83,580.40….
New Delhi: After the Union Budget 2026 and the historic India-US trade deal, all eyes are now on the three-day Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) meeting that begins from Wednesday, with the key repo rate decision on Friday. Economists believe RBI Governor Sanjay Malhotra-led MPC is likely to pause any further…
New Delhi: India’s strong economic fundamentals continue to support a healthy growth outlook, but prolonged uncertainty over the India–US trade deal could push the Reserve Bank of India to step in with further rate cuts. According to Goldman Sachs, if trade-related headwinds persist beyond the first quarter of FY27 and start weighing on growth, the…
A USD/INR buy/sell swap auction of USD 10 billion for a tenor of 3 years is to be held on February 04, 2026. Besides, open market operation (OMO) purchase auctions of Government of India securities for an aggregate amount of Rs 1,00,000 crore in two tranches of Rs 50,000 crore each to be held on February…
New Delhi: The Reserve Bank of India (RBI) on Friday announced a series of liquidity-enhancing measures that will pump in more than Rs 2 lakh crore into the banking system to ease liquidity pressure. The RBI said it will use a combination of open market bond purchases, a foreign exchange swap, and a variable rate…
Wholesale prices increased in December, with inflation measured by the Wholesale Price Index (WPI) rising to 0.83%. This marks the second consecutive month of upward movement after two months of deflation, official data released on Wednesday showed. The return to positive inflation came after wholesale prices contracted in October and November, when WPI inflation stood…
MUMBAI: Three banks on Monday appealed against interim relief granted to industrialist Anil Ambani last month by a single-judge bench of the Bombay high court. The judge had restrained the lenders from taking action against Ambani’s accounts based on a forensic audit report (FAR) of 2020.The HC, had in Dec, agreed with Ambani’s contention that…