RBI Governor Sanjay Malhotra during a press conference after the announcement of the first bi-monthly monetary policy of the current fiscal year in Mumbai on April 9, 2025. | Photo Credit: PTI Reserve Bank on Wednesday (April 9, 2025) cut India’s growth forecast to 6.5% from 6.7% estimated earlier for the current financial year on…
RBI Governor Sanjay Malhotra announces the first bi-monthly monetary policy, in Mumbai on April 9, 2025. | Photo Credit: X/@RBI via PTI After effecting two back-to-back 25 basis points rate cuts, Reserve Bank Governor Sanjay Malhotra on Wednesday (April 9, 2025) hinted at another reduction in key policy rate by changing the central bank’s monetary…
Forex traders said that despite a steep fall in crude oil prices and a weak American currency, the looming worldwide trade war continued to stoke fears of global economic meltdown. File | Photo Credit: PTI The rupee lost further ground on the fourth straight session, declining sharply by 30 paise to 86.56 against the U.S….
The 30-share BSE benchmark Sensex dropped 554.02 points to 73,673.06 in early trade. The NSE Nifty declined 178.85 points to 22,357. File | Photo Credit: Reuters Benchmark equity indices slumped in early trade on Wednesday (April 9, 2025) after a day’s breather in line with losses in Asian markets amid escalating trade tensions as domestic…
RBI Governor Sanjay Malhotra will announce the first bi-monthly monetary policy of the current fiscal on Wednesday (April 9, 2025), the central bank said, amid expectations of a 25 basis points reduction in the short-term lending rate. RBI’s Monetary Policy Committee (MPC) headed by Governor Malhotra started its three-day deliberations on the next set of…
U.S. stocks drop after another stunning day of reversals as uncertainty reigns about Trump’s tariffs U.S. stocks dove on Tuesday following another stunning reversal, with Wall Street veering from a huge gain at the opening of trading to more losses at the close, because investors still have no idea what to make of President Donald…
U.S. President Donald Trump arrives on the South Lawn of the White House on April 6, 2025. | Photo Credit: Reuters Additional U.S. tariffs on Chinese imports are set to reach 104% on Wednesday (April 9, 2025), the White House told AFP, as Washington doubles down on planned action after Beijing vowed a “fight to…
Image for representation. | Photo Credit: Reuters Declining for the third straight session, the rupee tumbled 50 paise to settle at 86.26 (provisional) against the U.S. dollar on Tuesday (April 8, 2025), logging the maximum single-day loss in nearly three months amid a looming global trade war stoking fears of economic meltdown. According to forex…
Stock markets rebounded sharply on Tuesday (April 8, 2025), a day after facing the worst drubbing in 10 months, as benchmark Sensex recouped 1,089 points after across-the-board value buying amid firm Asian and European markets. The 30-share BSE Sensex jumped 1,089.18 points or 1.49% to settle at 74,227.08 with 29 of its components ending in…
Huge cranes loading containers on to ships at port in Chennai on April 8, 2025. | Photo Credit: AP Even as the 27 % tariff announced by the US President Donald Trump is all set to come into effect from Wednesday, and the Indian Commerce and Industry Minister Piyush Goyal, scheduling a meeting with Indian…
