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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.

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

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

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

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

Unchanged Repo Rate supports affordability, confidence in housing market

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.

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

The Governor mentioned that input costs and food inflation are still high and could pose risks to upside.

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