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RBI cuts repo rate by 25 basis points to 6.25 per cent to spur growth

RBI cuts repo rate by 25 basis points to 6.25 per cent to spur growth

07-02-2025 comments

Mumbai (IANS) The Reserve Bank of India's (RBI) six-member Monetary Policy Committee (MPC) on Friday cut the repo rate by 25 basis points to 6.25 per cent. 

RBI Governor Sanjay Malhotra said the MPC has also unanimously decided to continue…

RBI rolls out bank.in & fin.in internet domains to check fraud in digital payments

RBI rolls out bank.in & fin.in internet domains to check fraud in digital payments

07-02-2025 comments

Mumbai (IANS) Reserve Bank of India  (RBI) Governor Sanjay Malhotra announced on Friday that the central bank is introducing the 'bank.in' exclusive Internet Domain for Indian banks to combat increased instances of fraud in digital payments.

Mahindra & Mahindra logs 20 pc net profit jump in Q3 on strong SUV, tractor demand

Mahindra & Mahindra logs 20 pc net profit jump in Q3 on strong SUV, tractor demand

07-02-2025 comments

Mumbai (IANS) Mahindra & Mahindra (M&M) on Friday reported a consolidated net profit of Rs 3,180.58 crore in Q3 -- a 19.64 per cent increase from Rs 2,658.40 crore in the same quarter last year (Q3 FY24). 

The company’s strong earnings were…

Car sales clock 15.5 per cent surge to 4.66 lakh units in Jan

Car sales clock 15.5 per cent surge to 4.66 lakh units in Jan

06-02-2025 comments

New Delhi (IANS) Car sales in India surged by a robust 15.53 per cent to 4,65,920 in January this year, according to data released by the Federation of Automobile Dealers Associations (FADA) on Thursday. Sequentially, month-on-month car sales were…

MRF shares tank as Q3 profit drops 38 pc, firm declares Rs 3 as dividend

MRF shares tank as Q3 profit drops 38 pc, firm declares Rs 3 as dividend

06-02-2025 comments

Mumbai (IANS) Leading tyre manufacturer MRF on Thursday reported a 38 per cent decline in net profit for the December quarter (Q3 FY25), as the firm's net profit stood at Rs 315 crore, compared to Rs 510 crore in the same period last year (Q3…

RBI likely to cut repo rate by 25 basis points for 1st time in 5 years

RBI likely to cut repo rate by 25 basis points for 1st time in 5 years

05-02-2025 comments

New Delhi (IANS) The Reserve Bank of India (RBI), in all likelihood, is set to cut the repo rate by 25 basis points for the first time in almost five years, aligning with the Budget's objectives of stimulating economic activity while managing…

Gold hits all-time high at Rs 8,432 per gram amid geo-political uncertainties

Gold hits all-time high at Rs 8,432 per gram amid geo-political uncertainties

05-02-2025 comments

Mumbai (IANS) Gold prices in India on Wednesday surged to an all-time high at Rs 8,432 per gram with an increase of Rs 1,322 as compared to Rs 8,310 on February 4, supported by safe-haven buying amid global uncertainties. 

According to experts,…

Yotta launches India’s first sovereign B2C AI chatbot ‘myShakti’

Yotta launches India’s first sovereign B2C AI chatbot ‘myShakti’

04-02-2025 comments

Mumbai (IANS) In a bid to boost the ‘Make in India’ initiative and create homegrown AI models, Yotta Data Services on Tuesday introduced 'myShakti', India’s first sovereign B2C generative AI chatbot. 

Built using DeepSeek’s open-source…

Tax cuts to spur discretionary consumption especially among salaried people: Report

Tax cuts to spur discretionary consumption especially among salaried people: Report

04-02-2025 comments

New Delhi (IANS) Fiscal consolidation glide path is maintained with the Union Budget and tax cuts should spur discretionary consumption especially among the salaried class, a report showed on Tuesday. 

While reaffirming its commitment to fiscal…

Sensex surges 1,397 points, Nifty ends higher as investors track US tariff developments

Sensex surges 1,397 points, Nifty ends higher as investors track US tariff developments

04-02-2025 comments

Mumbai (IANS) The Indian stock market on Tuesday ended on a strong note with both the BSE Sensex and NSE Nifty closed with gains of more than1 per cent as investors closely monitored tariff-related developments in the United States.   

The…

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