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India, US may lay roadmap for trade agreement during PM Modi’s Washington visit

Prime Minister Narendra Modi is set to visit the United States next week, with high-stakes meetings scheduled with US President Donald Trump. Sources suggest that while a formal trade agreement may not be signed immediately, both nations are likely to announce a roadmap to finalise a deal within the next seven to eight months. PM […]

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Expect 25-50 bps rate cut from RBI’s MPC on Feb 7, says CII President Sanjiv Puri

The Confederation of Indian Industry (CII) President, Sanjiv Puri, has expressed optimism regarding an imminent rate cut by the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC). Speaking on the matter, Puri said, “The liquidity part the RBI has been acting on. We expect the interest rates to moderate soon. It is the 25-50

Expect 25-50 bps rate cut from RBI’s MPC on Feb 7, says CII President Sanjiv Puri Read More »

Growth in India services sector slows to more than two-year low in Jan, PMI shows

Growth in India’s dominant services sector was the slowest in over two years in January amid cooling demand but remained historically strong and led to a substantial rate of hiring, a business survey showed on Wednesday. Company Value Change %Change Asia’s third-largest economy has been struggling with slackening consumption. To try and boost spending the

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Schemes under Export Promotion Mission to roll out in 4-5 months with ₹2,250 crore allocation

The government is in the process of finalising schemes under the Export Promotion Mission, announced in Union Budget 2025, with an allocation of ₹2,250 crore. The schemes, aimed at MSME exporters, are expected to be rolled out within the next four to five months. The Mission will be jointly driven by the Ministries of Commerce,

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Govt working on data access, fee structure for private sector to use Gati Shakti

The government is finalising norms for providing private sector access to PM Gati Shakti data. Discussions are underway on whether data will be shared on a case-by-case or query-based basis, along with consultations on fee structures for private usage. Company Value Change %Change Ahead of PM Gati Shakti’s third anniversary on October 13, 2024, CNBC-TV18

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RBI Monetary Policy: Experts predict 25 bps cut in repo rate and no change in CRR

CNBC-TV18’s Citizen’s Monetary Policy Committee, featuring experts like Samiran Chakraborty (Chief Economist, India at Citi), Sajjid Chinoy (Chief India Economist at JPMorgan), Sonal Varma (Managing Director & Chief Economist, India and Asia Ex-Japan at Nomura), Pronab Sen (Former Chief Statistician), and Soumya Kanti Ghosh (Group Chief Economic Advisor, SBI), gathered to discuss the challenges confronting

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RBI may cut rates at its February 7 monetary policy meeting: SBI Research

SBI Research expects the Reserve Bank of India (RBI) to cut interest rates by 25 basis points at its Monetary Policy Committee (MPC) meeting scheduled for February 5-7. Company Value Change %Change The firm’s latest report suggests a cumulative rate cut of at least 75 basis points over the cycle, with two successive cuts in

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Debt-stricken Sri Lanka marks independence day as new president pledges to rebuild the country

Debt-stricken Sri Lanka marked its 77th independence anniversary on Tuesday with a military parade, while the country’s newly elected president, Anura Kumara Dissanayake, pledged to heal Sri Lanka’s economic woes by the end of his five-year term. Sri Lanka, which gained independence from Britain in 1948, suffered its worst economic crisis in 2022, forcing the

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RBI rate cut in near term highly likely, says JPMorgan’s Sanjay Mookim

Sanjay Mookim, Head-India Equity Research at JPMorgan believes the Reserve Bank of India (RBI) is likely to cut rates in the near term. He pointed out that RBI’s actions, including addressing liquidity constraints and allowing the rupee to adjust, increase the probability of a rate cut, which should help support the economy. “We think the

RBI rate cut in near term highly likely, says JPMorgan’s Sanjay Mookim Read More »

Neelkanth Mishra on RBI’s likely moves as tariff wars escalate

The Reserve Bank of India (RBI) may have to infuse additional liquidity to stabilise financial markets amid rising global uncertainty, according to Neelkanth Mishra, Chief Economist at Axis Bank and Head of Global Research at Axis Capital. Company Value Change %Change Mishra highlighted the challenges posed by geopolitical tensions and the strengthening US dollar, which

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