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India Business News: The sensex reached a new all-time peak, with Nifty crossing the 21K mark for the first time after RBI raised its GDP projection. Sensex closed at 69,8
The central bank kept the benchmark repo rate unchanged at 6.50%.As per RBI, the two guiding factors for the pause were the need to assess the impact of monetary tightening delivered so far and the recent global financial stability concerns.
RBI MPC April 2023: The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) is expected to go for one more 25 basis points rate increase, in its first bi-monthly monetary policy meeting for financial year 2023-24, in line with the US Federal Reserve, but domestic compulsions may result in a pause after the April interest rate hike. Watch this Business Today Visual Story to know all about what could be the outcome of the first RBI MPC meeting of FY24.
Shaktikanta Das said that Q1 has been projected with a growth of 16.2 per cent, Q2 6.2 per cent, Q3 4.1 per cent, and Q4 4 per cent with risk broadly balanced.
Through? >> there's no other obvious buyer for twitter. they have looked for bidders when musk made the offer and couldn't find anybody. it's musk or nobody right now. as twitter stock slides with the rest of the market, twitter will be in precarious positions. it's lost talent. others looking for exits because of the drama. maybe the company will stay as a publicly traded company and just continue to tweet through it. right now musk was talking about all the changes he was going to make. so everything is up in limbo up in the air for now. >> par for the course with elon musk. >> yes. >> it's ...