ROME [Italy], The Food and Agriculture Organization of the United Nations (FAO) has updated its forecast for global cereal production in 2024, now pegged at 2854 million tonnes, a new all-time high.In a grain supply and demand brief released Friday by FAO, the outlook for improved maize crops...
New Delhi, The government on Friday left interest rates on various small savings schemes unchanged for the quarter starting July 1, 2024.“Interest rates on various small savings schemes for the second quarter of FY 2024-25, beginning July 1, 2024, ending September 30, 2024, remain unchanged...
Washington [US], The US Federal Reserve voted to leave the key interest rate unchanged at 5.25-5.50 per cent in its latest monetary policy meeting, keeping the policy rate unchanged for the seventh consecutive time.During the COVID-19 pandemic, interest rates were near zero.Raising interest...
New York: South Africa captain Aiden Markram won the toss and elected to bat against Bangladesh in the T20 World Cup Group D match here on Monday.South Africa, who are leading the group, are fielding an unchanged side.Bangladesh have made one change and Jaker Ali has been included in place...
New Delhi [India], Real estate consultancy firm Anarock said the Reserve Bank of India's (RBI) decision to keep the repo rate unchanged again is a boon for the Indian real estate sector.Anarock Group Chairman Anuj Puri said, “This (policy) stability ensures that home loan interest rates remain...
New York: South Africa captain Aiden Markram won the toss and elected to bowl against Netherlands in their Group D T20 World Cup match here on Saturday.Both South Africa and Netherlands have fielded unchanged playing elevens.In their tournament opener here at the Nassau County Ground, South...
Mumbai (Maharashtra) [India], The decision of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) to keep the policy repo rate steady at 6.5 per cent is in line with market expectations and in line with the trend seen over the last several years. Continues. meetings."RBI, as...
New Delhi: Interest rate-sensitive auto, realty and bank shares closed with gains on Friday after the Reserve Bank of India left its key interest rate unchanged as expected, focusing on inflation amid strong economic growth. .Among auto companies, Mahindra & Mahindra jumped 5.83 per cent, Tata...
New Delhi [India], Industry leaders and economists have widely accepted the RBI's monetary policy stance of leaving no change in interest rates. Apart from this, the industry has welcomed the estimate of GDP growth rate increasing from 7 percent to 7.2 percent for the financial year 2015...
NEW DELHI: With the RBI fixing the benchmark interest rate on Friday, bankers and economists said the first monetary policy committee meeting after the general elections has instilled confidence and stability in the market and they expect the central bank to raise interest rates by fiscal 2025...
KOLKATA: The policy rate has been maintained status quo at 6.5 per cent by the Reserve Bank of India (RBI), which is in line with expectations, while growth has been raised to 7.2 per cent from 7 per cent for fiscal year 2024-25, experts said. Say said on Friday.Realtors said the decision to...
The MPC also decided to keep policy rates unchanged at 6.5 percent.The news was encouraging for the market as Sensex went up 1 per cent and Nifty crossed 23,000.BSE Midcap and BSE Smallcap gained 0.7 per cent and 1.6 per cent respectively.According to experts, weekly jobless claims report...
Mumbai: Benchmark equity indices jumped in late morning trade on Friday after the RBI decided to keep the policy rate unchanged for the eighth consecutive time, in line with market expectations, extending their rally to the third consecutive session.There was a positive trend in the market due...
Mumbai (Maharashtra) [India], RBI has revised the GDP forecast for current FY 24-25 to 7.2 per cent from earlier 7 per cent, and CPI inflation is estimated at 4.5 per cent.Announcing the policy rates and GDP forecasts on Friday, RBI Governor Shaktikanta Das said, "Real GDP growth for the...
Mumbai (Maharashtra) [India], Reserve Bank of India (RBI) Governor Shaktikanta Das said the Monetary Policy Committee (MPC) has decided to keep the policy repo rate unchanged at 6.5 per cent as retail inflation remained above the target of 4.5 per cent. happened. Percent.The decision comes...
Mumbai: The Reserve Bank of India on Friday decided to keep the policy rate unchanged for the eighth consecutive time, saying it will maintain a close watch on inflation.The rate hike cycle was halted in April last year after six consecutive rate hikes by a total of 250 basis points through...
GUWAHATI: The flood situation in Assam remains unchanged with more than six lakh people in 10 districts under water, officials said on Sunday.He said that due to heavy rains in different parts of the state, the water level of the river rose, due to which the affected people in many areas had...
New Delhi [India]: Indian benchmark indices closed with gains on Thursday after the US Federal Reserve kept interest rates unchanged for the sixth consecutive time. Nifty 50 index closed 43 points higher at 22,648 points, while BS Sensex closed with a gain of 128.33 points. 74,611.11 points...
Washington [US], US Federal Reserve Chairman Jerome Powell said he is prepared to keep the current interest rate on hold "as long as appropriate" to keep the inflation rate in line with its 2 percent target. The US Federal Reserve, in its latest monetary policy meeting, voted to leave the key...
Washington [US], The US Federal Reserve voted to leave the key interest rate unchanged at 5.25-5.50 per cent in its latest monetary policy meeting, keeping the policy rate unchanged for the sixth consecutive time during the COVID-19 pandemic. to be done. Interest rates were close to zero...