Sensex opens over 300 points down, Nifty below 22,550 as RBI's tighter monetary policy weighs on markets
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Sensex opens over 300 points down, Nifty below 22,550 as RBI's tighter monetary policy weighs on markets
Mumbai (Maharashtra) [India], October 8 (ANI): Indian benchmark indices opened on a subdued note on Thursday following the RBI's policy announcements, with the Sensex slipping over 300 points and the Nifty tumbling below the 22,550 level, as the central bank's shift towards tighter monetary policy »»»
RBI raises interest rates, hikes FY27 growth forecast by 40bps and inflation by 20bps
RBI governor Sanjay Malhotra announces raising repo rates by 25 basis points MUMBAI: The RBI raised the repo rate by a widely expected 25 basis points to 5.50% on Wednesday as stronger-than-expected growth and broader price pressures prompted the Monetary Policy Committee to unanimously vote for a »»»
RBI raises repo rate by 25 bps to 5.50%; Guv says policy action ahead can only be rate hike or pause
The Reserve Bank of India on Wednesday increased the policy repo rate by 25 basis points to 5.50 per cent, marking the start of a rate-hike cycle as rising inflation risks, elevated global yields and resilient domestic growth strengthened the case for tighter monetary policy. The decision by the Mo»»»
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