RBI cuts repo rate by 25 bps to 6.25%; Governor announces additional measures
The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) on Friday ‘unanimously’ decided to reduce the policy rate by 25 bps from 6.50 per cent to 6.25 per cent.
The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) on Friday ‘unanimously’ decided to reduce the policy rate by 25 bps from 6.50 per cent to 6.25 per cent.
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is set to announce its first monetary policy under new Governor Sanjay Malhotra on Friday.
Union Minister for Labour & Employment and Youth Affairs & Sports Mansukh Mandaviya announced that the Employees' Provident Fund Organisation (EPFO) has achieved a historic milestone by crossing the 5 crore claims settlement mark for the first time in its history.
The rebranding reflects the company’s broader business scope beyond its flagship food delivery service.
Stock market closed slightly lower, weighed down by stocks like Titan, ITC, State Bank of India, and PowerGrid amid weaker earnings.
On September 17, 2022, the price of 24 and 22 carat gold in India has continued to drop. As of Saturday, the price of 10 gram of 24 carat gold in India is Rs 49,960, while 10 grams of 22 carat gold cost Rs 45,800.
A decision to this effect was taken on Friday in a meeting at Leh that was presided by the Administrative Secretary Fisheries, Ravinder Kumar.
Global growth is slowing sharply, with further slowing likely as more countries fall into recession, says World Bank Group President David Malpass.
The passenger load factor or occupancy of the airlines remained on the higher side in the range of 70 to 80 per cent.
On September 16, 2022, the price of 24 and 22 carat gold in India has continued to drop. As of Friday, the price of 10 grams of 24 carat gold in India is Rs 49,930, while 10 grams of 22 carat gold cost Rs 45,730.
