The three-day meeting of the Reserve Bank of India's (RBI) monetary policy review is starting today. It is expected that the central bank may increase the repo rate by 0.50 percent on 30 September. If this happens, the repo rate will go down to 5.90 percent, from 5.40 percent now. Last week alone, about a dozen central banks raised interest rates. Bank of America had gained 0.75 percent.
To control inflation, central banks around the world have adopted the strategy of raising interest rates. Despite this, inflation rates are above their targets. The rate of retail inflation in India is 7 percent while RBI's target is 2 to 6 percent. It has increased interest rates by 1.40 percent three times since May.
Know what experts say
Keeping in view the recent developments in the foreign exchange market, RBI may also increase the policy rates by 0.50 percent. -Madan Sabnavis, Chief Economist, Bank of Baroda
The repo rate is set to increase by 0.50 percent. Its peak rate will go up to 6.25 percent and the final growth will be 0.35 percent in December. -SBI
US looks at India to deal with China, will increase defense partnership; made a big plan
America is now looking towards India to deal with Chinese aggression. It is reported that the government led by President Joe Biden is preparing to take forward the defense partnership with India.
60.45% voting in Delhi: Voting was less than 60% in 28 assembly constituencies, the lowest votes cast after 2008
In the Delhi Assembly elections (Delhi Vidhan Sabha Chunav 2025), the voting percentage declined for the second consecutive time and this time the lowest voting was recorded as compared to the last
Where were Muskan and Sahil on the day of Saurabh's murder? Mobile became a necessary evidence; sent to forensic lab for data recovery.
The mobiles of Muskan and Sahil, accused in the Saurabh murder case, are being made necessary evidence. Police have prepared a map of the mobile location and made it a part of the case diary. Through
Covid Cases in China: Corona wreaks havoc again in China, recording more than 31 thousand new cases registered in one day
Corona's havoc is being seen once again in China. Record cases of corona have been registered on Wednesday. During the Corona epidemic that started about three years ago, the maximum number of cases
PM Modi Dehradun Visit: Disaster-affected people of Dharali became emotional after meeting the Prime Minister, narrating the painful story of the devastation
During the visit of Prime Minister Narendra Modi to Uttarakhand, the disaster-affected villagers of Dharali village, who had come to meet him at the State Guest House of Jolly Grant Airport, became
CEC Meeting: Congress will finalize the names of candidates in MP, Rajasthan, and Chhattisgarh, The CEC meeting begins in Delhi.
The Congress Central Election Committee (CEC) meeting has started in Delhi to finalize the remaining candidates for the upcoming Rajasthan Assembly elections and Chhattisgarh and Madhya Pradesh. The
Nirmala Sithraman : Shehnai rang at Finance Minister Nirmala Sitharaman's house; daughter parkala married with pratik
Union Finance Minister Nirmala Sitharaman's daughter has tied the knot. Union minister's daughter Parakala Wangmayi tied the knot with Prateek of Gujarat in a simple ceremony held at his Bengaluru
SRH vs GT: Shubman praised Siraj, and called bowlers game changers; Cummins raised questions on Hyderabad pitch
Gujarat Titans defeated Sunrisers Hyderabad by seven wickets in the 19th match of IPL 2025. After Mohammad Siraj's lethal bowling, Gujarat's team managed to win with the brilliant innings of captain
Jammu Kashmir: MLAs clashed outside the assembly, a scuffle took place; huge uproar in the House over the Waqf law
There is a ruckus in the Jammu and Kashmir Assembly on the third day over the Waqf Act. National Conference MLAs protested strongly demanding a discussion on Waqf. After which there was a clash
Goa government accepted all the demands of the doctors, CM said to end the strike - Thank you
Goa Chief Minister Pramod Sawant has said that his government has accepted all the seven demands of the striking doctors. The CM met the striking doctors at Goa Medical College. Speaking to the media,
