Goldman Sachs has said that the Reserve Bank of India is likely to cut repo rate by 25 basis points in its April policy. The US-based investment bank has cited three factors - weakening of economic activity, benign inflation and soft global growth -- to justify its stand on the rate cut. The financial services firm also said that the central bank is likely to backtrack and re-introduce 'tightening' policy by 2020 as growth picks up and inflation breaches RBI's 4% target.
SEBI set to make independent directors truly independent
Jack Ma, no longer China's richest person
Delhi govt pulls subsidy plug on Tata Nexon amid range complaints
Covid test mandate hits airline bookings
Fuel on fire: Now, CNG, PNG prices too go up
Flipkart in talks to buy Cleartrip: Reports
Govt looking at cutting taxes on petrol and diesel
All 270 US Apple Stores open for the first time since April 2020
SBI customers become phishing scam targets
Fuel bill rises for airlines, steep hike of 6.5%
SBI offers lower home loan rates, starting at 6.7%
Maruti sales in top gear, Total exports hit milestone
Jio rings in a new offer, return of the JioPhone
NSE another technical snag, trading ops normal
LPG prices hiked for the 4th time in less than a month
AstraZeneca sold its stake in Moderna for over $1 billion: Report
Fuelling the GST inclusion debate
GST filing deadline extended
Govt extends date for tax resolution scheme
DGCA extends ban on international commercial flights