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RBI repo rate cut puts the common man at the crossroads - loan relief but savings squeeze

India, Dec. 5 -- In a move poised to stimulate growth in the Indian economy, the Reserve Bank of India's Monetary Policy Committe has reduced the benchmark repo rate by 25 basis points to 5.25%. While... Read More


RBI Monetary Policy: RBI revises inflation forecast lower, GDP growth forecast higher

India, Dec. 5 -- The Reserve Bank of India expects softer inflation and faster economic growth in the Indian economy, even as the rupee remains under pressure in the absence of a India-US trade deal. ... Read More


RBI Monetary Policy: RBI cuts repo rate by 25 bps to 5.25% to keep Indian economy in the Goldilocks zone

India, Dec. 5 -- The Reserve Bank of India has lowered its benchmark repurchase rate for the first time in six months, in an attempt to keep the Indian economy in the so-called "Goldilocks Zone" of hi... Read More


RBI monetary policy: MPC cuts repo rate by 25 bps to 5.25% to keep Indian economy in the Goldilocks zone

India, Dec. 5 -- The Reserve Bank of India has lowered its benchmark repurchase rate for the first time in six months, in an attempt to keep the Indian economy in the so-called "Goldilocks zone" of hi... Read More


RBI Monetary Policy: RBI cuts repo rate by 25 bps to 5.25% amid rupee slump

India, Dec. 5 -- The Reserve Bank of India has cut the repo rate by 25 basis points to 5.25%, even as the monetary policy committee tries to balance India's record-low inflation against a plunging rup... Read More


SpiceJet comes to the rescue with 100 additional flights amid IndiGo chaos

India, Dec. 5 -- SpiceJet Ltd. has decided to operate 100 additional flights over the next few days to mitigate the chaos left in the wake of IndiGo flight cancellations and delays, according to its c... Read More


Zerodha, Groww down as Cloudfare outage takes out hundreds of websites

India, Dec. 5 -- The Cloudfare outage, which afflicted hundreds of website, has affected India's biggest online brokers, including Zerodha and Groww Ltd. "Due to a cross-platform downtime on Cloudfla... Read More


Third Cloudfare outage in less than a month takes out Zerodha, Groww briefly

India, Dec. 5 -- The Cloudfare outage, the third in less than a month, briefly affected India's biggest online trading apps including Zerodha and Groww Ltd. on Friday. Cloudflare went down after a sc... Read More


Rupee hits fresh record low of 90.42/Dollar ahead of RBI monetary policy

India, Dec. 4 -- The Indian Rupee has slipped to another record low against the US Dollar, a day before the Reserve Bank of India spells out its latest monetary policy decision. The rupee weakened to... Read More


Rupee weakens past 90/Dollar for the first time as a India-US trade deal stays in limbo

India, Dec. 3 -- The Indian Rupee weakened past the psychologically crucial 90 per US dollar mark, as delays over a India-US trade deal weighed on sentiment. The rupee weakened to a low of 90.13 per ... Read More