6th December 2024 The Reserve Bank of India (RBI) announced its fifth bi-monthly monetary policy for FY25 on December 6. The six-member Monetary Policy Committee (MPC), chaired by Governor Shaktikanta Das, voted 4-2 to keep the benchmark repro rate steady at 6.5% for the 11th consecutive meeting. The policy stance remains ‘Neutral,’ emphasizing a durable […]
29th November, 2024 Summary: India’s real Gross Domestic Product (GDP) growth for the July-September quarter (Q2) of FY 2024-25 has slowed to 5.4%, the lowest in seven quarters, according to data released by the National Statistics Office (NSO). This marks a decline from 6.7% in Q1 FY 2024-25 and 8.1% in the corresponding period last […]
Donald Trump clinched a historic victory in the U.S. presidential election, securing 295 electoral votes as of 9:00 A.M. IST, November 7th, 2024. Key to his win was his success in swing states like Florida, Ohio, and North Carolina, as well as flipping Pennsylvania (19 electoral votes) and Georgia (16 electoral votes) back […]
9th October, 2024 RBI keeps repo rate unchanged at 6.5%, changes stance to ‘neutral’ Summary: In its October meeting, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC), led by Governor Shaktikanta Das, decided to keep the key interest rates unchanged, with the repo rate at 6.50%, Standing Deposit Facility (SDF) at 6.25%, and […]
Understanding the Yen Carry Trade and Its Market Impact The yen carry trade—a strategy once hailed for its lucrative returns—has recently faced significant upheaval. Here, we delve into what it entails, why it’s causing ripples across global markets, and its broader implications. What is a Yen Carry Trade? At its core, the yen carry trade […]
RBI Maintains Status Quo: Highlights from the Monetary Policy Announcement 8th February, 2024 Summary: The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) recently announced its decision to keep key policy rates unchanged. RBI Governor Shaktikanta Das highlighted some important points:• Repo Rate Unchanged: The MPC decided to maintain the repo rate at 6.5 […]
“Federal Reserve Policy Decision Sparks Record Highs: Impact on US and Indian Markets” SummaryThe Federal Reserve in the USA opted to maintain its key interest rates unchanged, holding steady in the range of 5.25% to 5.50%. This decision marked the third consecutive meeting without a rate adjustment, reflecting the central bank’s stance on easing inflation […]
