Economy Forecast

Economy Forecast News

RBI may slash repo rate by 25 bps in June amid subdued domestic industrial activity, global slowdown woes: Report
Business

RBI may slash repo rate by 25 bps in June amid subdued domestic industrial activity, global slowdown woes: Report

According to the report, on the domestic front, subdued industrial activity and uncertainty on trade will add to the delay in the revival of industrial investment.

Rupee at 2-week high, gains 53 paise at Rs 71.84 in early trade on increased selling of dollars by exporters, banks
Business

Rupee at 2-week high, gains 53 paise at Rs 71.84 in early trade on increased selling of dollars by exporters, banks

the rupee had gained 61 paise, notching up its best single-day gain since March 2017 to close at 72.37 against the US currency supported by heavy dollar selling by banks and weakness in the greenback in global markets.