Rate cuts in India are now off the table: Morgan Stanley
A strong growth trend domestically, driven by capex and productivity, implies that rates could be higher for longer, says Morgan Stanley
A strong growth trend domestically, driven by capex and productivity, implies that rates could be higher for longer, says Morgan Stanley
Higher U.S. inflation will keep rates higher for longer worldwide including India, warns Uday Kotak.
GDP growth for the current financial year 2024-25 is projected at 7%
The final HSBC India Services Purchasing Managers' Index (PMI), compiled by S&P Global, climbed to 61.2 last month, surpassing February's 60.6 reading.
The strong evidence of emerging economy central bank rate actions is predicated by advanced economy actions, but India is an exception, says SBI
There has been a stable downward movement in core inflation and moderation in food prices; core inflation for FY24 lowest since FY21, says the ministry
The rate-sensitive stocks witnessed choppy trade after the RBI policy announcement, with auto realty, and bankex indices sliding up to 1%.
RBI keeps the key policy rate unchanged at 6.5% for the sixth time in a row; to remain focussed on MPC ‘withdrawal of accommodation’
The MPC decided by a majority of 5 out of 6 members to remain focused on the 'withdrawal of accommodation'.
Shaktikanta Das says the October-December quarter growth now seen at 6.5% up from 6% predicted earlier