MUMBAI: The Reserve Bank of India’s Monetary Policy Committee cut the policy repo rate by 25 basis points to 5.25%, down from 5.50% in the October 1 policy review, while retaining a neutral stance. The RBI also hiked FY26 GDP forecast to 7.3% from 6.8% earlier and lowered inflation forecast to 2%.RBI governor Sanjay Malhotra…
Inflation at a benign 2.2 per cent and growth at 8.0 per cent in H1:2025-26 present a rare goldilocks period, said RBI. RBI monetary policy: The Reserve Bank of India (RBI) decided to cut the repo rate by 25 basis points to 5.25% in the December meeting of the Monetary Policy Committee (MPC). While most…
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Online shopping platform Meesho’s initial public offering (IPO) has entered its third and the last day of bidding, with the issue oversubscribed 9.07 times so far. The issue continues to attract high interest from investors, with bids having been received for 221 crore shares against 27.79 crore shares on offer. The IPO has also drawn…
Meme coin breaks key technical level as institutional-sized trades dominate Wednesday session amid ETF filing buzz. News Background Dogecoin’s decline came despite an uptick in network activity and renewed ETF speculation. Both 21Shares and Grayscale advanced filings for spot DOGE ETFs, adding to expectations that meme coins could see broader institutional availability in coming months….
Bikram Majithia (File photo) CHANDIGARH: Refusing bail to Shiromani Akali Dal veteran Bikram Singh Majithia in a disproportionate assets case, Punjab and Haryana HC said material unearthed so far indicates “serious economic offences” and his release may hamper the probe.“Majithia is one of the prominent political figures of the state… In case he is released…
Gold’s intraday structure remains weak with flattening EMAs, a neutral RSI, and a bearish MACD crossover. (AI image) Gold price prediction today: Gold prices are exhibiting weakness, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. Here recommends a sell on rise strategy for investors:Gold futures on MCX traded near ₹1,30,000, showing…
Asian stocks traded mixed on Friday, following a muted pattern on Wall Street as the latest US economic data left investors with little clarity about Federal Reserve’s plans for interest rate cuts nex week.Hong Kong’s HSI was down 63 points or 0.24% reaching 25,872. Nikkei also trimmed its gains, falling 702 points to trade at…
The rupee extended its recovery on Friday, climbing 9 paise to 89.80 against the US dollar in early trade, ahead of the much awaited the Reserve Bank of India’s monetary policy announcement.The bounce back comes after a highly volatile week in the currency market, during which rupee repeatedly slipped to new lows.Earlier on Thursday, the…
NEW DELHI: IndiGo’s operational crisis entered its fourth straight day on Friday, triggering widespread chaos at airports across the country, leaving thousands of passengers stranded with no food, no water, vacant counters and lost luggages.IndiGo cancelled over 550 domestic and international flights on Thursday, far above its usual 170–200 daily cancellations, causing widespread disruption across…
