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Outlook for Indian economy appears bright, 7% GDP growth likely in FY'25: FinMin report | Business News

Investment is consolidating in the economy as high public capex crowds in private investment, which is beginning to set up additional plants and acquiring new machinery to address rising capacity utilisation, the report said.

Ukraine , Russia , Red-sea , Djibouti-general- , Djibouti , India , El-nino , Union-budget , Reserve-bank , Interim-union-budget , Rabi-harvest , Dp-growth

Onion exporters warn of major shortage in onion supply; price hike from early March

India faces onion shortage due to drop in rabi harvest. Meanwhile, export ban causes price crash, protests. Exporters suggest controlled exports amid shortage and high international prices. In a letter to the Union government, a group of leading onion exporters have cautioned the government about the consequences of allowing onion exports without adhering to a proper mechanism to control export volumes.

India , Karnataka , Pune , Maharashtra , Madhya-pradesh , Department-of-customs , Onion-shortage , Onion-supply , Price-hike , Export-ban , Rabi-harvest

Post RBI policy, Ambit maintains positive outlook on BFSI with rate hike cycle reaching the peak

Ambit Asset Management believes that currently the RBI is amongst one of the best central banks in the world and has constantly been ahead of the curve.

India , Sushant-bhansali , Reuters , Monetary-policy-committee , Reserve-bank , Ambit-asset , Rabi-harvest , Rbi-monetary-policy , Mpc-meet , Repo-rate , Interest-rate-cycle ,

RBI takes it one meeting at a time

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.

India , Madhavi-arora , Monetary-policy-committee , Emkay-global-financial-services , Emkay-global-financial , Rbi , Repo-rate , Pause , Interest-rate , Reserve-bank-of-india , Interest-rate-hikes , Benchmark-repo-rate

RBI Braces for Higher Inflation, Keeps Repo Rate Unchanged

The earlier assessment of CPI inflation for FY23 in the February MPC meet of 4.5% now stands revised to 5.7%.

Mumbai , Maharashtra , India , Russia , Ukraine , Shaktikanta-das , Reserve-bank , Marginal-standing-facility , Liquidity-adjustment-facility , Standing-deposit-facility , Latest-repo-rate