Gold prices in the national capital surged by Rs 260 to Rs 99,260 per 10 grams, mirroring global market trends. Silver also saw a significant rise, climbing Rs 1,900 to Rs 1,02,100 per kg. The increase is attributed to economic uncertainties and geopolitical risks, bolstering gold's safe-haven appeal.
The RBI's Monetary Policy Committee has decided to cut the key repo rate by 50 basis points (bps) to 5.5 per cent, RBI Governor Sanjay Malhotra announced on Friday.
RBI Monetary Policy Committee Meeting June 2025 Live: Governor Sanjay Malhotra announce interest rate decision
With this rate cut, the MPC has cumulatively cut the the repo rate by 100 basis points in the current calendar year
RBI Repo Rate Cut: cut the repo rate by 50 basis points, reducing it to 5.50 percent. This will lower EMIs for existing customers and make new loans more affordable.
Reserve Bank of India Governor Sanjay Malhotra said “Indian economy presents strength, stability and opportunity amid global concerns.”
Total vehicles retail sales in May grow by more than 5% year-on-year to 22,12,809 units
Indian benchmark indices are set to trade cautiously on Friday, as investors brace for a mix of domestic and global triggers
The RBI has revised its inflation forecast for FY26 to 3.7%, down from the earlier estimate of 4%.
RBI Monetary Policy June 2025: The six-member Monetary Policy Committee (MPC) led by Governor Sanjay Malhotra reduced the repo rates by 50 basis points to 5.50 percent.
RBI MPC Meeting: In a move to boost loan access, the RBI has slashed the repo rate by 50 basis points, bringing it down to 5.5%. This marks a cumulative 100 basis point reduction since February. While the RBI signals limited room for fu ...more
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The opened at 85.91, registering a fall of 12 paise on June 6 over its previous close, but soon pared the losses and saw an early high of 85.77 against the greenback.
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