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Bank of India reduces Repo Based Lending Rate to 8.35%

Mumbai, June 6 -- Bank of India announced that Repo Based Lending Rate (RBLR) has been reduced to 8.35% w.e.f. 06 June 2025. Today, RBI has revised the Repo Rate from 6.00% to 5.50% (decrease of 50 ... Read More


Punjab National Bank reduces Repo Linked Lending rate to 8.35%

Mumbai, June 6 -- Punjab National Bank announced that consequent upon decrease in Repo rate by RBI on 06 June 2025 Bank has revised Repo Linked Lending Rate (RLLR) from 8.85% (including BSP of 20bps) ... Read More


JPYINR futures tumble under 60 mark

Mumbai, June 6 -- INR saw good gains against major currencies today. On the NSE, USDINR June futures dipped 0.14% at 85.77. EURINR futures also fell 0.14% at 85.86. GBPINR lost 0.41% to settle at 116.... Read More


INR rebounds as current account deficit expected to remain low

Mumbai, June 6 -- Indian Rupee saw good gains against the US dollar today after the Reserve Bank of India (RBI) cut interest rates by half a percent, continuing to witness good support around 86 thres... Read More


Economic Buzz: Eurozone GDP growth improves to 1.5% in first quarter

Mumbai, June 6 -- The euro area economic growth doubled in the first quarter. EU's data agency said the 20-country single currency area recorded growth of 0.6% over the January-March period from the p... Read More


Japanese markets rise on a weaker yen

Mumbai, June 6 -- Japanese markets rose on a weaker yen and due to increased demand for the index futures ahead of the June 13 fixing of special quotation prices. The Nikkei average gained half a per... Read More


Strong demand seen in G-Sec auctions; Rs 32,000 crore fully subscribed

Mumbai, June 6 -- The Reserve Bank of India (RBI) successfully completed the auction of two government securities (G-Secs) worth Rs 32,000 crore on 6 June 2025, attracting strong investor interest acr... Read More


Chinese benchmark ends marginally higher

Mumbai, June 6 -- Asian stocks ended mixed in lackluster trading on Friday despite the leaders of the U.S. and China agreeing to further talks aimed at reaching a deal. U.S. President Donald Trump de... Read More


Economic Buzz: German industrial production declines 1.4% on month in May

Mumbai, June 6 -- German industrial production declined in April as the temporary boost from the frontloading of orders ahead of the US tariff hikes faded, data from Destatis revealed on Friday. Indus... Read More


TVS Supply Chain Solutions to convene EGM

Mumbai, June 6 -- TVS Supply Chain Solutions announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 30 July 2025. Published by HT Digital Content Services with permissi... Read More