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While the RBI did maintain rates, the question is whether they had the opportunity to give a pre-emptive boost.

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Currently, the central bank is keeping an eye on data to determine whether any more actions are required.

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RBI raises India's GDP growth projection for FY24-25 to 7.2%, citing strong domestic activity, PMI, and rural demand.

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Investors with very high risk appetite and want to invest in special situations theme should invest in the Mahindra Manulife Manufacturing Fund for 5 or more years.

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Unchanged Repo Rate supports affordability, confidence in housing market

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The decision aims to control inflation, but many economists predict a rate cut later in FY 2024-25.

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Normal monsoon this year is critical for easing of food inflation.

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The lenders had previously advocated a collective CIRP in the hopes of receiving a higher price for the three firms.

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The successful bidder will deploy cargo handling equipment within seven months of receiving the letter of acceptance (LOA).

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In our opinion, with growth expected to remain firm, the last phase of dis-inflation towards the 4% target remains arduous and hence the RBI would be willing to bide its time.

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