All posts tagged: monetary

Monetary Policy Meet: Repo rate steady at 5.25%; FY26 GDP, inflation projections raised | Business News

Monetary Policy Meet: Repo rate steady at 5.25%; FY26 GDP, inflation projections raised | Business News

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In line with expectations, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) unanimously decided to hold the repo rate — the key policy rate — unchanged at 5.25%. The RBI lifted its FY26 gross domestic product (GDP) forecast to 7.4% from an earlier estimate of 7.3%. It also revised upwards the projection for consumer price index (CPI) inflation to 2.1% from 2%. “The Indian economy continues to register high growth despite a challenging external environment clouded by geo-political uncertainties. Benign inflation provides the leeway to remain growth-supportive while preserving financial stability,” RBI Governor Sanjay Malhotra said while announcing the monetary policy. “After a detailed assessment of the evolving macroeconomic and financial developments and the outlook, the MPC voted unanimously to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 5.25%,” he added. The LAF is a monetary policy tool used by the RBI to manage daily liquidity in the country’s banking system. A status quo on the policy rate would mean that their EMIs on home, vehicle, personal corporate …

RBI Monetary Policy Repo Rate Today:

RBI Monetary Policy Repo Rate Today:

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RBI MPC Meeting December 2025 Announcements: The Reserve Bank of India (RBI) on Friday reduced the repo rate by 25 basis points to 5.25 %, keeping its stance neutral. Following a three-day meeting of the Monetary Policy Committee (MPC), chaired by Governor Sanjay Malhotra, the RBI released the updated rates for the banking sector. Expand   © IE Online Media Services Pvt Ltd Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

International Monetary Fund imposes 11 new conditions on Pakistan

International Monetary Fund imposes 11 new conditions on Pakistan

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The International Monetary Fund (IMF) has slapped 11 new conditions on Pakistan for the release of the next tranche of its bailout programme and warned that tensions with India could heighten risks to the scheme`s fiscal, external, and reform goals, according to a media report on Sunday. The new conditions imposed on Pakistan include the parliamentary approval of a new Rs 17.6 trillion budget, an increase in the debt servicing surcharge on electricity bills and lifting restrictions on import of more than three-year-old used cars. The Express Tribune newspaper said the Staff Level report, which the IMF released on Saturday, also said that “rising tensions between India and Pakistan, if sustained or deteriorate further, could heighten risks to the fiscal, external and reform goals of the programme”. The report further stated that tensions between Pakistan and India have risen significantly over the past two weeks, but so far, the market reaction has been modest, with the stock market retaining most of its recent gains and spreads widening moderately. The IMF report has shown the defence …

RBI Monetary Policy: Central bank downgrades 2025-26 GDP forecast to 6.5% from 6.7% amid global tariff war

RBI Monetary Policy: Central bank downgrades 2025-26 GDP forecast to 6.5% from 6.7% amid global tariff war

Published by Webster

RBI Monetary Policy: The central bank has also lowered FY26 consumer price index or CPI inflation projection to 4 per cent from 4.2 per cent projected earlier. The Reserve Bank of India (RBI) on Wednesday downgraded the GDP growth projection for FY26 to 6.5 per cent from the earlier estimate of 6.7 per cent.  “RBI lowers GDP growth projection for FY26 to 6.5 per cent from earlier estimate of 6.7 per cent,” RBI Governor Sanjay Malhotra said after the Monetary Policy Meeting (MPC). “Real GDP is now projected for this fiscal year at 6.5 per cent in the first quarter, 6.7 per cent in the second quarter, 6.6 per cent in the third quarter and 6.3 per cent in the fourth quarter,” he added. The Governor highlighted that this growth projection comes after a strong performance of 9.2 per cent growth recorded in the previous financial year, 2024-25, as per figures released by the Ministry of Statistics and Programme Implementation (MOSPI). The central bank has also lowered FY26 consumer price index or CPI inflation …

Monetary Policy decision: RBI Governor Malhotra to announce policy rates at 10 a.m.

Monetary Policy decision: RBI Governor Malhotra to announce policy rates at 10 a.m.

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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 credit policy on Monday (April 7, 2025). In February, the MPC slashed the repo rate by 25 basis points to 6.25%. It was the first reduction since May 2020 and the first revision after two-and-a-half years. Experts are of the view that the RBI will again reduce the rate by 25 bps on Wednesday (April 9, 2025) against the backdrop of moderating inflation and the need to stimulate growth as Trump tariffs pose severe challenges to the global economy. “Monetary Policy Statement by RBI Governor @GovSMalhotra at 10:00 AM (on April 9),” the RBI said in a post on social media platform ‘X’. U.S. President Donald Trump has announced a hefty 26% reciprocal tariff rate on India, effective on Wednesday …

RBI’s monetary policy panel may cut repo rate by 25 bps to 6%: Here’s why | Business News

RBI’s monetary policy panel may cut repo rate by 25 bps to 6%: Here’s why | Business News

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The Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) is likely to cut the repo rate — the key policy rate — by 25 basis points (bps) in its upcoming meeting, scheduled from April 7 to 9. The rate setting panel may also change the monetary policy stance from neutral to accommodative — signaling further reductions in the repo rate. The six-member rate-setting panel is meeting amid heightened uncertainty in the global market following the recent announcement of reciprocals tariffs by US President Donald Trump. There are fears that higher tariff rates may lead to inflation, increase in trade tensions and a lower growth in the world economy. While RBI is unlikely to revise the inflation forecast, its outlook on GDP growth in the wake of US tariff announcements will be closely watched, economists said. Story continues below this ad What to expect from the upcoming MPC meeting? The RBI’s MPC is likely to deliver a 25 bps cut in the repo rate for the second consecutive time in the policy which will …

Refuting Loss, PCB Claims Massive Monetary Gain On Hosting Champions Trophy 2025. Amount Is…

Refuting Loss, PCB Claims Massive Monetary Gain On Hosting Champions Trophy 2025. Amount Is…

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The Pakistan Cricket Board (PCB) on Thursday claimed that it is set to earn approximately USD 10 million (INR 86 crore approx) as profit by hosting the Champions Trophy, where the Indian team emerged champion. PCB spokesperson, Aamir Mir and Chief Financial Officer (CFO) Javed Murtaza addressed media following reports that Board had suffered financial losses by hosting the ODI tournament and spending enormous amounts on upgrading stadiums in Karachi, Lahore and Rawalpindi for the event. “All expenses for the tournament were covered by the ICC,” Mir said adding that the PCB generated revenue through gate money and ticket sales. “Additionally, after the audit, we expect to receive another Rs 3 billion from the ICC,” he added. He also claimed that PCB had initially targeted Rs 2 billion in earnings from the Champions Trophy, but they surpassed this goal. He also claimed that the PCB’s total revenue for the 2023-24 fiscal year reached Rs 10 billion-a 40% increase from the previous year. “With this financial strength, PCB now ranks among the top three …

Pakistan police announce monetary reward for information about suicide bomber who targeted seminary | Pakistan News

Pakistan police announce monetary reward for information about suicide bomber who targeted seminary | Pakistan News

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Pakistan police on Saturday announced a monetary reward for information about the unidentified suicide bomber who targeted Darul Uloom Haqqania seminary in the restive Khyber Pakhtunkhwa province killing a top cleric along with seven others. The Counter Terrorism Department of Khyber Pakhtunkhwa police announced Pakistani Rs 0.5 million reward for information about the suicide bomber who killed Hamidul Haq Haqqani, chief of his faction of the Jamiat Ulema-i-Islam (JUI-S) and caretaker of the Madrassa-e-Haqqania, located in Akora Khattak town of Nowshera district. The Khyber Pakhtunkhwa police also released a picture of the suspected suicide bomber and assured the public that the name of the informant would not be disclosed. Story continues below this ad Maulana Hamidul Haq Haqqani, son of Maulana Samiul Haq, was among eight people who died in the suicide attack at the Darul Uloom Haqqania yesterday. Another 17 people were injured as the suicide bomber detonated explosives strapped to his body after the Friday prayers congregation. An FIR was registered on the complaint of Haqqani’s son, Maulana Abdulhaq Sani, who was accompanying …

Pak police announce monetary reward for information about suicide bomber who targeted seminary | World News

Pak police announce monetary reward for information about suicide bomber who targeted seminary | World News

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Mar 01, 2025 09:15 PM IST Pak police announce monetary reward for information about suicide bomber who targeted seminary Peshawar, Pakistan police on Saturday announced a monetary reward for information about the unidentified suicide bomber who targeted Darul Uloom Haqqania seminary in the restive Khyber Pakhtunkhwa province killing a top cleric along with seven others. Pak police announce monetary reward for information about suicide bomber who targeted seminary The Counter Terrorism Department of Khyber Pakhtunkhwa police announced Pakistani ₹0.5 million reward for information about the suicide bomber who killed Hamidul Haq Haqqani, chief of his faction of the Jamiat Ulema-i-Islam and caretaker of the Madrassa-e-Haqqania, located in Akora Khattak town of Nowshera district. The Khyber Pakhtunkhwa police also released a picture of the suspected suicide bomber and assured the public that the name of the informant would not be disclosed. Maulana Hamidul Haq Haqqani, son of Maulana Samiul Haq, was among eight people who died in the suicide attack at the Darul Uloom Haqqania yesterday. Another 17 people were injured as the suicide bomber detonated …

Career Horoscope Today for November 14, 2024: Stars predict monetary gains for these zodiac signs

Career Horoscope Today for November 14, 2024: Stars predict monetary gains for these zodiac signs

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Aries: Today, the stars advise you to have a one-pointed concentration as you go about your business. Given all that is expected of you, it is easy to get into the habit of working on multiple things at once. However, efficiency is achieved by focusing on one task at a time. Focusing more means that you spend more time with each responsibility and hence provide better results. Eliminate all the noise and establish certain protocols. Read daily money and career horoscopes for all zodiac signs and know your fortune for today at Hindustan Times. Taurus: Avoid getting involved in any plan or opportunity that promises to make you get rich quickly. While you might think these options are good for you at first sight, you should look closer at them. Consider the consequences of such opportunities and determine if they align with your values and objectives. It is advisable to talk to other colleagues or seniors to avoid making hasty decisions and make the right choice. Gemini: Today, the stars encourage you to offer your …