Moody s said that although potential growth has come down in the past 7-10 years, the Indian economy is likely to continue to grow rapidly by international standards.
The External Benchmark Rate - Repo linked (EBR-R) of the bank would be revised from 9.60 per cent to 9.75 per cent, it said. The Monetary Policy Committee (MPC) has decided to keep the policy repo rate unchanged at 6.50 per cent with preparedness to act, should the situation so warrant, Reserve Bank of India Governor Shaktikanta Das said earlier in the day.
From gold hallmarking to third-party motor insurance premium: Financial changes from June 1, 2022 - From increased home loan interest rates to gold hallmarking, there are some important money changes to keep in mind.