Mumbai: The Indian equity markets traded on a flat-to-positive note during the early-morning trade session on Tuesday, as caution prevailed ahead of the Reserve Bank of India’s Monetary Policy Committee (MPC) meet. According to market observers, other factors such as low volumes in the highly expensive market conditions eroded investors’ risk-taking appetite. The 30-scrip Sensitive […]
Mumbai: In what could mean further rate cuts by India’s central bank, RBI Governor Shaktikanta Das has said at the bi-monthly monetary policy committee (MPC) meeting here earlier this month that “there is policy space to address growth concerns”, according to the minutes of the MPC meeting released on Friday. In 2019, the Reserve Bank […]
Mumbai: Maintaining status quo for the second time in a row, Reserve Bank of India on Friday decided to keep benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance, implying more rate cuts in the future if the need arises to support the economy hit by the COVID-19 crisis. The benchmark […]
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