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Biz EOD: RBI's repo surprise, Chidambaram offers to help Modi govt, Vodafone's endless troubles
BusinessToday.In
New Delhi, December 5, 2019
Catch top stories from the world of business and economy with BusinessToday.In's end of day report
RBI has not cut repo rate, but your EMIs may still go down; here's why
BusinessToday.In
New Delhi, December 5, 2019
Since January 2014, RBI has reduced repo rate by 2.85 per cent to 5.15 per cent in October 2019. But, banks have not transferred this rate cut in entirety to consumers which is yet to be transmitted to retail borrowers
Why RBI's MPC decided to halt easing of repo rate
Anand Adhikari
New Delhi, December 5, 2019
MPC wants to have a greater clarity on nature of fiscal measures Modi government is planning to take in Union Budget 2020-21 next year; it also wants to see a greater transmission key lending rates
RBI surprises with no rate cut, lowers annual GDP forecast
BusinessToday.In
New Delhi, December 5, 2019
The RBI's Monetary Policy Committee has decided to keep repo rate unchanged but sharply cut GDP forecast for 2019-20. Here's all you need to know about the MPC meet.
MPC meet: RBI revises GDP forecast to 5%; says economic growth has weakened further
BusinessToday.In
New Delhi, December 5, 2019
Since February, RBI has revised its GDP growth projections for financial year 2020 from 7.4 per cent in February to 5 per cent now, which is sharpest such revision in the recent years
RBI keeps repo rate unchanged: Sensex, Nifty turn red; banking stocks among top losers
BusinessToday.In
December 5, 2019
Sensex fell 102 points to 40,747, Nifty lost 30 points to 12,018 after Reserve Bank of India (RBI) kept repo rate unchanged at 5.15%
RBI policy: MPC springs a surprise; keeps repo rate unchanged at 5.15%
BusinessToday.In
New Delhi, December 5, 2019
The monetary policy panel under Shaktikanta Das has kept the repo rate unchanged at 5.15 per cent; the central bank says it'll continue with its 'accommodative' stance
RBI monetary policy: Sensex, Nifty rise ahead of MPC meet outcome, banking stocks gain
BusinessToday.In
December 5, 2019
Bank Nifty was trading 85 points higher at 32,062. Among other gainers, BSE consumer durables index gained 183 points to 25,262
Gail India offers up to 10 LNG cargoes for loading from US: report
Reuters
December 5, 2019
The cargoes are being offered on a free-on-board basis from the Sabine Pass and Cove Point LNG plants
Rupee vs Dollar: Rupee opens flat at 71.53 per dollar ahead of RBI policy meet
PTI
December 5, 2019
The RBI's Monetary Policy Committee (MPC) is slated to announce its fifth bi-monthly policy decision for this fiscal later in the day.
RBI likely to cut repo rate, reset GDP, inflation forecast; key things to watch out for in MPC meet
Anand Adhikari
New Delhi, December 5, 2019
There will be four things to watch out for in the RBI's monetary policy statement today -- GDP forecast, fiscal deficit, inflation outlook and repo rate
MPC meet today: RBI may slash repo rate by 25 bps to spur economic growth
BusinessToday.In
New Delhi, December 5, 2019
MPC Meet: Reserve Bank of India Governor Shaktikanta Das-headed MPC has cut interest rates on every bi-monthly meet since he joined the apex bank last December
S&P Global reaffirms India's ratings at BBB- with stable outlook; expects strong growth over 2 years
BusinessToday.In
New Delhi, December 3, 2019
The rating action comes days after India's GDP growth hit a six-and-half-year low of 4.5 per cent in the second quarter of the current fiscal
India's Oct-Nov sugar output drops 54% as mills delay crushing
Reuters
New Delhi, December 3, 2019
By the end of November, 279 sugar mills had started crushing operations, down from last year's 418 mills, the ISMA said in a statement
RBI Governor Shaktikanta Das-led MPC starts 3-day deliberations on policy review
PTI
New Delhi, December 3, 2019
RBI MPC meet: If the Reserve Bank of India cuts the repo rate on Thursday, it would be the sixth reduction in the short-term lending rate in 2019
RBI likely to slash interest rates for 6th time on December 5 to support growth
PTI
December 1, 2019
In five reductions by RBI's monetary policy committee (MPC) so far in 2019, interest rates have been lowered by a total of 135 basis points over concerns that growth momentum is slowing down and also to try to boost liquidity in the financial system
RBI may go for another rate cut as GDP slows to more than 6-year low
Chitranjan Kumar
New Delhi, November 29, 2019
Analysts expect the MPC slashing interest rates by 25 basis points (bps), along with a marginal cut in gross domestic product (GDP) growth forecast for FY20
RBI to cut rates again, 6th time this year
Reuters
Bengaluru, November 27, 2019
RBI has cut rates by 135 basis points this year to 5.15%, but inflation has remained low by historical standards
Retail inflation at 16-month high of 4.65% may bring RBI's repo rate cut cycle to a halt
Anand Adhikari
Mumbai, November 13, 2019
The sharp rise in CPI is scary for borrowers both individual and corporate as the Reserve Bank of India targets retail inflation to fix the short-term repo rate
Fiscal deficit slippage least of RBI MPC's concerns
Anand Adhikari
October 21, 2019
Is RBI making an error of judgment in believing the Government's budgeted 3.3 per cent fiscal deficit number for 2019-20?
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