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Wednesday, January 08, 2025 | 06:11 PM ISTEN Hindi

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News digest: RBI monetary policy review, Mandsaur anniversary, and more

From RBI increasing repo rate by 25 basis points to Rahul Gandhi holding rally in Mandsaur, BS brings you up to date with the latest news

News digest: RBI monetary policy review, Mandsaur anniversary, and more
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BS Web Team New Delhi
RBI increases repo rate by 25 bps to 6.25%; maintains neutral stance

The six-member monetary policy committee (MPC) on Wednesday unanimously voted for a rate hike, citing the fear of inflation, partly flared by the recent spike in crude oil prices. The hike in policy repo rate to 6.25 per cent from 6 per cent was contrary to market expectation that the central bank will hold rates and the unanimous decision came as a surprise to the markets. Read more

Even one homebuyer can now drag errant builder to NCLT: Govt ordinance

Even one homebuyer can drag an errant builder into

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