
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.
Congress MP Shashi Tharoor, who is leading one of the seven all-party delegations from India, is
Atiq Ahmed: Whom Atiq was gesturing before his death, video viral
Mafia Atiq Ahmed, who ruled the world of Jarayam for more than four decades, not only got rich th
The Russian-Ukraine War has completed for 6 months on Tuesday. But so far no solution has been fo
Due to the problem with the Microsoft server, the work of many big companies around the world was
The final match of the T20 World Cup 2024 will be played between South Africa and India. The matc
From April 1 to November 11, 2021, the Bank Ombudsman received the maximum number of complaints f
Pakistan has China's open support for terrorism. For this reason, he puts a stop to the inclusion
Japan's Prime Minister Kishida suddenly left for Ukraine from India, met PM Modi in Delhi
Japanese Prime Minister Fumio Kishida arrived in New Delhi on 20 March on a two-day visit to Indi
This time the monsoon is raining like a havoc. From the mountains to the plains, the rain has dis
North Korea's foreign ministry has criticized the United States for expanding joint military exer