Versuchen GOLD - Frei
RBI unlikely to cut rates soon, despite expected inflation drop: Ind-Rating
The Business Guardian
|October 31, 2024
In a cautious outlook for the upcoming fiscal year, India Ratings and Research (Ind-Ra) projects a decline in inflation for FY25, yet it emphasizes that immediate rate cuts from the Reserve Bank of India (RBI) are unlikely.

According to Ind-Ra, the persistent pressure of elevated food prices continues to drive inflation, suggesting that any potential reduction in interest rates will hinge on evidence of stable inflation trends nearing the RBI's target of 4 percent. As such, market participants may need to brace for a prolonged period without rate cuts in the near future. While inflation and weak industrial activity weigh on the economy, there are positive signs in rural demand, driven by improved real wages for rural labourers in July and August 2024, and above-normal rainfall in most of the country. These factors are expec
Diese Geschichte stammt aus der October 31, 2024-Ausgabe von The Business Guardian.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON The Business Guardian

The Business Guardian
Shankar, Delhi Zoo’s lone African elephant, dies of cardiac failure
Shankar, the only African elephant at the National Zoological Park (NZP), has died of acute cardiac failure, according to preliminary postmortem findings.
1 min
September 22, 2025

The Business Guardian
Report: Global firms take 72% share in India's flex space market
Driven by global demand, India has emerged as one of the world’s most mature flexible office ecosystems, with international firms accounting for a staggering 72 per cent of flex space absorption in 2024, according to Cushman & Wakefield’s Global Trends in Flexible Office 2025 report.
1 mins
September 22, 2025
The Business Guardian
Noida airport to begin operations by year-end
The Noida International Airport (NIA), being developed as a greenfield aviation hub in Jewar, Gautam Buddh Nagar, is on track to begin operations by the end of this year.
1 min
September 22, 2025

The Business Guardian
GST reform: Relief at home, strength for industry, and resilience abroad
The 56th meeting of the Goods and Services Tax (GST) Council has produced one of the most significant reforms in India’s indirect taxation system since the GST was first rolled out in 2017. By simplifying the rate structure, rationalis-ing anomalies, and offering sweeping relief in critical sectors, the Council has sought to rebalance India's tax regime at a moment when global trade tensions are rising and domestic demand needs fresh momentum.
4 mins
September 22, 2025

The Business Guardian
Ramani Mylavarapu Opens Roots to Rivers with Powerful Performance on Water Pollution at Bikaner House
Hyderabad-based performance artist Ramani Mylavarapu opened her solo exhibition Roots to Rivers at Kalamkaar, Bikaner House, New Delhi, today.
1 min
September 22, 2025

The Business Guardian
Experts: Markets face volatility amid key global, domestic triggers
Market participants in the Indian stock market will be closely eying a host of key global and domestic developments in the coming week, which could drive short-term sentiment and sectoral movements, according to the market experts.
2 mins
September 22, 2025

The Business Guardian
HOW RUMOR MADE 1857 BURN
May 10, 1857— Merrut (a garrison town near Delhi). Some sepoys refuse the cartridges, are punished, and tempers explode. Barracks burn, prison gates open, and rebel troops ride through the night to Delhi.
8 mins
September 22, 2025

The Business Guardian
India’s forex reserves climb by $4.7 bn to hit $702.97 bn
India’s foreign exchange reserves rose by USD 4.698 billion in the week that ended September 12 to USD 702.966 billion, marking the third consecutive weekly increase, the Reserve Bank of India (RBI) said in its latest ‘Weekly Statistical Supplement.’
1 min
September 22, 2025

The Business Guardian
Piyush Goyal unveils guidebook on HSN code mapping
Piyush Goyal, Union Minister of Commerce and Industry, released the Guidebook on Mapping of Harmonized System of Nomenclature (HSN) Codes prepared by the Department for Promotion of Industry and Internal Trade (DPIIT) on Sunday during an event on \"Celebrating 10 Years of Make in India and Discussion on Next Gen-Reforms 2.0\" in New Delhi.
2 mins
September 22, 2025

The Business Guardian
BPCL'S MAK LUBRICANTS HONORS MECHANICS WITH NATIONWIDE RADIO CAMPAIGN
BPCLs MAK Lubricants launches nationwide radio campaign to honor India’s mechanic community.
2 mins
September 22, 2025
Listen
Translate
Change font size