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Moody's Analytics sees another 60-80 bps hike in repo rate this year

Hours after the Reserve Bank of India raised key lending rates, or repo rate, by 50 basis points to 4.9 per cent, global financial services company Moody's Analytics said the central bank could hike the repo rate by another 60 to 80 basis points through the rest of the year. Jun 9, 2022
Shaktikanta Das, Governor, Reserve Bank of India

RBI's monetary policy meet: Some expectations from the ongoing meet

Though the RBI's raising policy rates in the ongoing monetary policy committee meeting is a "no-brainer", as its Governor Shaktikanta Das said in a recent interview, investors, however, await the actual degree of percentage hike before taking fresh positions and future course of action in the financial markets. Jun 7, 2022
Fire

Fire breaks out at "Russian Cultural Centre" in Chennai

Tamil Nadu fire force personnel doused a fire that broke out at the Russian Cultural Centre, Chennai due to a short circuit. While it was a minor fire that broke out at the centre, the swift action of the firemen prevented any damage and casualties in the accident. Jun 6, 2022