RBI slashes repo rate by 25 bps to 5.15%
The central bank, according to the policy statement, intends to continue with an accommodative stance as long as it is necessary to revive growth, while ensuring inflation remains within target.
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The tax cut party continues at bourses
While equity markets continue to boom, economists warn about likely ‘subject-to’ consequences of the corporate tax cuts announced last Friday.
A week of global shocks for markets
After the spike in crude oil price, the US Fed’s rate cut hurts equity indices and investor sentiments.
Monday blues for equity markets
While broader indices Sensex and Nifty 50 fell over 701 and 214 points respectively in intraday trade, S&P BSE MidCap and SmallCap fell 2.15% and 2.59% to record new 52-week lows.
RBI does a hat-trick on rate cuts
The central bank delivered a third 25-basis point cut in repo rate in a row, but its dovish views on the economy and inflation pull stock market indices down.
RBI’s MPC cuts repo rate by 25 bps
The Monetary Policy Committee cuts repo rate by 25 bps again, retains stance at neutral and cuts FY20 GDP forecast.
RBI surprises with a 25 bps rate cut
Monetary Policy committee changes stance to ‘neutral’; cut in benchmark rate will lead to savings for homebuyers, say experts.
