MARKET WRAP: Sensex tumbles 792 pts; RBI holds rates; rupee hits 74.22/$
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SMEs at large do not understand forex and the concept of hedging, which banks often exploit. (Photo: iStock)
2:58 PM
NEWS ALERT
Rupee depreciation has been moderate comapred to EM peers: Urjit Patel
2:56 PM
NEWS ALERT
Outlook for food inflation is expected to remain benign: Urjit Patel
Outlook for food inflation is expected to remain benign: Urjit Patel
2:55 PM
NEWS ALERT
See headwinds from oil price rise amid supply-side disruptions: Urjit Patel
See headwinds from oil price rise amid supply-side disruptions: Urjit Patel
2:54 PM
NEWS ALERT
Global trade losing ground due to tariff wars: Urjit Patel
Global trade losing ground due to tariff wars: Urjit Patel
2:53 PM
NEWS ALERT
Risks emerging from Fed tightening, escalating tariff wars: RBI Guv Urjit Patel
Risks emerging from Fed tightening, escalating tariff wars: RBI Guv Urjit Patel
2:50 PM
Nifty Realty after RBI policy outcome
2:49 PM
Nifty Auto lowers over 2%
2:41 PM
NEWS ALERT
Rupee hits 74/dollar for the first time
Rupee hits 74/dollar for the first time
2:39 PM
RBI's MONETARY POLICY ON INFLATION
While the projections of inflation for 2018-19 and Q1:2019-20 have been revised downwards from the August resolution, its trajectory is projected to rise above the August 2018 print. The outlook is clouded with several uncertainties
While the projections of inflation for 2018-19 and Q1:2019-20 have been revised downwards from the August resolution, its trajectory is projected to rise above the August 2018 print. The outlook is clouded with several uncertainties
2:38 PM
RBI's MONETARY POLICY
Regarding the policy repo rate, Dr. Pami Dua, Dr. Ravindra H. Dholakia, Dr. Michael Debabrata Patra, Dr. Viral V. Acharya and Dr. Urjit R. Patel voted in favour of keeping the policy repo rate unchanged. Dr. Chetan Ghate voted for an increase in the policy rate by 25 bps.
Regarding the policy repo rate, Dr. Pami Dua, Dr. Ravindra H. Dholakia, Dr. Michael Debabrata Patra, Dr. Viral V. Acharya and Dr. Urjit R. Patel voted in favour of keeping the policy repo rate unchanged. Dr. Chetan Ghate voted for an increase in the policy rate by 25 bps.
2:38 PM
RBI's MONETARY POLICY
2:37 PM
RBI's MONETARY POLICY
2:36 PM
RBI's MONETARY POLICY
Based on an overall assessment, GDP growth projection for 2018-19 is retained at 7.4 per cent as in the August resolution (7.4 per cent in Q2 and 7.1-7.3 per cent in H2), with risks broadly balanced; the path in the August resolution was 7.5 per cent in Q2:2018-19 and 7.3-7.4 per cent in H2. GDP growth for Q1:2019-20 is now projected marginally lower at 7.4 per cent as against 7.5 per cent in the August resolution, mainly due to the strong base effect
Based on an overall assessment, GDP growth projection for 2018-19 is retained at 7.4 per cent as in the August resolution (7.4 per cent in Q2 and 7.1-7.3 per cent in H2), with risks broadly balanced; the path in the August resolution was 7.5 per cent in Q2:2018-19 and 7.3-7.4 per cent in H2. GDP growth for Q1:2019-20 is now projected marginally lower at 7.4 per cent as against 7.5 per cent in the August resolution, mainly due to the strong base effect
2:35 PM
Sectoral Trend on NSE
2:35 PM
RBI MONETARY POLICY
MPC keeps the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.5 per cent. Consequently, the reverse repo rate under the LAF remains at 6.25 per cent, and the marginal standing facility (MSF) rate and the Bank Rate at 6.75 per cent
MPC keeps the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.5 per cent. Consequently, the reverse repo rate under the LAF remains at 6.25 per cent, and the marginal standing facility (MSF) rate and the Bank Rate at 6.75 per cent
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First Published: Oct 05 2018 | 8:32 AM IST