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India grows by 8.4% in Oct-Dec quarter defying expectations | Indiablooms - First Portal on Digital News Management

New Delhi: India's economy surged by 8.4% in the quarter ending in December, surpassing expectations, driven by strong expansion in manufacturing and construction sectors. ....

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Market experts divided on RBI's choice to maintain key policy rate | Indiablooms - First Portal on Digital News Management

New Delhi: As widely anticipated by financial markets and policy observers, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) opted to maintain the policy repo rate at its current level of 6.50 percent during its meeting on Thursday. ....

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Industry hails RBI's decision to keep key policy rate unchanged, continue withdrawal of accommodative stance | Indiablooms

Mumbai: The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Friday announced it will maintain the repo rate at 6.5 percent for the fourth consecutive time. ....

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Banks and financial institutions welcome RBI's 'surprise' move to pause repo rate hike for now | Indiablooms

Mumbai/IBNS: The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Thursday decided to keep the repo rate unchanged at 6.5%. This came as a big relief as most experts had opined that the apex bank should take a pause amid global economic uncertainties and the economy has reached a saturation point beyond which it may be difficult to absorb any more rate hikes. ....

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