Currency watch: Rupee ends 18 paise lower at 86.70 against dollar; trade jitters and Fed uncertainty weigh on sentiment – Times of India

The rupee gave up early gains and settled 18 paise lower at 86.70 against the US dollar on Monday, pressured by persistent month-end dollar demand from importers and caution ahead…

Continue ReadingCurrency watch: Rupee ends 18 paise lower at 86.70 against dollar; trade jitters and Fed uncertainty weigh on sentiment – Times of India

Jerome Powell resists Donald Trump pressure: Fed chair tells House panel ‘we are well positioned to wait’, says more economic clarity needed for rate cut – Times of India

Federal Reserve Chair Jerome Powell said the central bank will maintain a cautious stance on interest rates and await more data before considering cuts—directly opposing President Donald Trump’s fresh demands…

Continue ReadingJerome Powell resists Donald Trump pressure: Fed chair tells House panel ‘we are well positioned to wait’, says more economic clarity needed for rate cut – Times of India

RBI MPC meet: Why repo rate was cut by larger-than-expected 50 basis points; RBI governor Sanjay Malhotra explains – Times of India

The RBI has now cumulatively cut the repo rate by 100 basis points since the start of this year. (AI image) RBI MPC Meet: RBI governor Sanjay Malhotra surprised everyone…

Continue ReadingRBI MPC meet: Why repo rate was cut by larger-than-expected 50 basis points; RBI governor Sanjay Malhotra explains – Times of India

When will your loan EMIs come down? Government to keep close eye on banks for RBI’s repo rate cut transmission – The Times of India

The RBI announced a 0.25 percentage point repo rate reduction last week, the first such decrease in five years. (AI image) Loan EMIs: After RBI MPC’s decision to cut repo…

Continue ReadingWhen will your loan EMIs come down? Government to keep close eye on banks for RBI’s repo rate cut transmission – The Times of India

Fiscal, monetary steps to help boost consumption, says Finance minister Nirmala Sitharaman – The Times of India

NEW DELHI: Finance minister Nirmala Sitharaman said Saturday that coordinated fiscal and monetary actions by govt and RBI will help boost consumption and there are initial signs of a good…

Continue ReadingFiscal, monetary steps to help boost consumption, says Finance minister Nirmala Sitharaman – The Times of India

RBI hikes FY25 inflation estimate to 4.8% amid food price concerns; CPI to remain elevated in Q3 – Times of India

NEW DELHI: The Reserve Bank of India (RBI) on Friday marginally increased its inflation forecast for the current fiscal year to 4.8 per cent from the earlier projection of 4.5…

Continue ReadingRBI hikes FY25 inflation estimate to 4.8% amid food price concerns; CPI to remain elevated in Q3 – Times of India