A few days after the US Federal Reserve hiked interest rates, the RBI may also increase the repo rate by 0.25 to 0.35 percent. According to experts, to control inflation, the central bank may increase the repo rate in the three-day meeting of the Monetary Policy Committee (MPC) starting on August 3. The results will be announced on August 5.
The central bank has already announced a gradual withdrawal of its soft monetary stance. RBI had increased the repo rate by 0.40 percent and 0.50 percent in May and June, respectively. Experts said the central bank will take the repo rate at least to pre-pandemic levels this week.
The MPC will hike the repo rate by 0.35% on August 5, said a BofA Global Research report. One cannot rule out the possibility of an aggressive 0.50% hike in the repo rate or even a softer 0.25%. Bank of Baroda said the Federal Reserve has increased the interest rates by 2.25% in the calendar year 2022. In such a situation, the RBI can also increase the interest rates more than the stipulated time.
Seema Haider love story: left late at night after questioning, now the team was taken along again, important inputs were received from IB
For the love of PUBG partner Sachin Meena, Seema Haider, who came to India via Nepal with four children from Pakistan, was taken with her by the ATS (Anti Terrorist Squad) on Monday. ATS interrogated
Virat-Anushka performed Bhasma Aarti in Mahakal temple: Kohli was seen wearing Rudraksha garland and dhoti-sola, and Anushka was seen in a saree
Virat Kohli and Anushka Sharma reached the Mahakal temple on Saturday morning. Here both of them performed Bhasma Aarti at 4 am. Took the blessings of God. After darshan, Virat said Jai Mahakal to the
World Cup: Kohli became India's most successful player in this matter, leaving Sachin behind, only Ponting-Jaywardene ahead of him.
India achieved a big victory of 302 runs over Sri Lanka in the 33rd match of the World Cup 2023. By winning this match, Virat Kohli broke the big record of Sachin Tendulkar. Virat has now become
Samsung Galaxy A04s manufacturing begins in India, know the features of this cheap 5G smartphone
Samsung Galaxy A04s: Samsung is preparing to launch its new entry-level smartphone Samsung Galaxy A04s. According to media reports, the company has also started manufacturing this new smartphone in
King Of Kotha: King Of Kotha breaks booking records, and will create new history by leaving KGF behind!
Dulquer Salmaan's pan India action film 'King of Kotha' has been released in theaters today i.e. on 24th August. The booking figures for the Malayalam version of the film have become the talk of the
Ram Mandir: Both Devshilas reached Gorakhpur before Ayodhya, Chief Minister Yogi Adityanath will give a grand welcome
Six crore years old Shaligram stone obtained from the Kali Gandaki river of Nepal reached Gorakhpur on Wednesday. Before reaching Ayodhya, two Devshilas of Shaligram stone will be given a grand
Chhath Puja: The enthusiasm for Chhath festival was shown in America, Indian Americans gathered to offer Arghya to the rising sun
Today, on the fourth day of Chhath Mahaparva, with the offering of Arghya to the rising sun, Chhath, the great festival of folk faith, has come to an end. The enthusiasm for this holy festival was
SAFF Championships: India-Kuwait football match draws 1-1, Chhetri's 92nd goal, Anwar's suicide goal turns the tide
Sunil Chhetri-led Indian team played out a 1-1 draw against Kuwait in the SAFF Championship football on Tuesday. Captain Sunil Chhetri's goal had given Team India the lead, but India's Anwar Ali's own
Big blow to Team India before T20 World Cup, Jasprit Bumrah is out, know which bowler can get his place
T20 World Cup 2022 is now less than a month away and in the meantime Team India has suffered a major setback. Star fast bowler Jasprit Bumrah, who was ruled out due to injury in the Asia Cup 2022,
Big action by EC before Lok Sabha elections, Home Secretaries of six states including Bihar-UP removed; The blame also fell on Bengal's DGP
Before the Lok Sabha elections, the Election Commission of India (ECI) has taken a big action. The Election Commission has issued orders for the removal of the Home Secretary in six states Gujarat,