The domestic stock market ended with strong gains on Friday after RBI's Monetary Policy Committee decided to maintain its status on interest rates.
Fraudulent activities diminish the value of investments as share prices come down, and hence, it is essential to address this problem, Mohanty said.
As per the estimates of Anarock, the ongoing festive quarter will see at least a 35-40% yearly rise in overall housing sales across the top 7 cities.
Since 2014, the per-day transaction limit for IMPS was capped at Rs 2 lakh. But now the central bank has increased the limit to Rs 5 lakh.
CPI inflation is seen at 5.3% for this fiscal. In Q2, it is seen at 5.1%, 4.5% in Q3 and 5.8% in Q4, with risks broadly balanced.
CPI inflation is seen at 5.3% for this fiscal. In Q2, it is seen at 5.1%, 4.5% in Q3 and 5.8% in Q4, with risks broadly balanced.
Repo rate is the rate at which the RBI provides liquidity to banks to overcome short-term mismatches.
Repo rate and reverse repo rate have been kept unchanged along with accommodative stance
The Reserve Bank of India's (RBI) monetary policy committee (MPC) will announce its interest rate decision today.
Since March 2020, the RBI has kept the repo rate at 4%, due to its focus on supporting the economy