News Overview

RBI continues on its exemplary act of balancing the contrasting pulls of its key objectives viz; price stability, growth support and easy financial conditions

Reserve Bank of India has revised down India’s GDP growth estimate for 2022-23 to 7.2 percent. This is a significant downward revision from its earlier projection of 7.8 percent and, also lower than 7.4 percent GDP growth estimate put forth by FICCI’s latest Economic Outlook Survey.

Escorts Ltd, Adani Power Ltd, Welspun Corp Ltd and JK Paper Ltd are among the other losers in the BSEs A group today, 08 April 2022.

Pre-book the Next-Gen Ertiga at any of the Maruti Suzuki ARENA showrooms across India.

RBI keeps the rates unchanged and continues with its accommodative stance.

RBI has raised its inflation and lowered its growth forecast given the global uncertainty looming that will have a dual impact on growth & inflation in FY23.

The RBI continues to stay committed to support growth and manage inflation within the targeted benchmarks.

Uflex rose 3.76% to Rs 672.95 after CRISIL Ratings upgraded the long-term and the short-term rating on the bank facilites of the company.

The operative rate was increased by 40bps with the institutionalization of the Standing Deposit Facility

The policy focuses on ensuring robust recovery before accelerating growth levers