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RBI raises retail inflation estimate for FY25 to 4.8% amid rising food prices
RBI has raised its retail inflation estimate for FY25 to 4.8%, up from 4.5%, due to persistent food price inflation. It has also downgraded FY25 GDP growth to 6.6%.
RBI Monetary Policy: FY25 inflation at 4.8% as Shaktikanta Das balances risks amid elevated food prices
The MPC voted 4:2 to maintain its neutral stance, keeping the standing deposit facility (SDF) rate at 6.25% and the marginal standing facility (MSF) rate and bank rate at 6.75%.
RBI raises inflation outlook to 4.8% for FY25
RBI Governor Shaktikanta Das reports on rising inflation, unchanged repo rate, and future inflation projections for India.
RBI MPC Outcome: RBI Revises FY25 CPI Inflation Forecast Higher To 4.8%, Cites Food Inflation Pressure
The Reserve Bank of India (RBI) has raised its Consumer Price Inflation (CPI) forecast for the financial year 2025 to 4.8%, up from its earlier estimate of 4.5%. The adjustment comes on the back of soaring retail inflation,
RBI MPC Inflation Update: FY25 forecast revised higher to 4.8%; Q1 CPI projected at 4.6%
In his post policy address, RBI Governor Shaktikanta Gas said that near-term inflation remains elevated on food price pressure and that vegetable prices will see seasonal correction during the winter months.
RBI monetary policy: MPC projects FY25 inflation at 4.8%
The Reserve Bank of India (RBI) revised its inflation projection for 2024–2025 to 4.8% with Q3 at 5.7%, and Q4 at 4.5% The consumer price index (CPI) inflation for the first quarter of the next financial year 2025-26 is projected at 4.
22h
Core & Main: Demand Outlook For FY25 Is Positive
Core & Main's 3Q24 revenue and adjusted EBITDA beat consensus, driven by acquisitions and volume growth. Find out why CNM ...
Hosted on MSN
4h
Asana’s Q3 Beat, Raised FY25 Guidance Send Stock Soaring In After-Hours: Retail Mood Buoyant
Asana, Inc. ($ASAN) shares took off in Thursday’s after-hours session after the enterprise work management platform announced ...
abp LIVE
1h
RBI MPC Dec 2024: Retail Inflation Estimate For FY25 Raised To 4.8 Per Cent, Food Prices To Remain Higher
Governor Shaktikanta Das said that the retail inflation rate for FY25 is now estimated to be at 4.8 per cent, up from 4.5 per ...
LIVE
42m
RBI Monetary Policy Meeting LIVE: Growth in H2 looks better than H1 of FY25, says RBI Governor Shaktikanta Das
The Monetary Policy Committee (MPC) led by RBI Governor Shaktikanta Das left the benchmark repo rate unchanged at 6.5% and ...
NewsX
1h
‘RBI Cuts GDP Growth Forecast For FY25 To 6.6% From 7.2%’, Announces Governor Shaktikanta Das
RBI lowers India's GDP growth forecast for FY25 to 6.6% from 7.2%, citing weak industrial growth and inflationary pressures.
Swarajya
2h
RBI Keeps Repo Rate Unchanged At 6.5 Per Cent, Cuts CRR By 50 Basis Points To 4 Per Cent; FY25 Growth Target Lowered To 6.6 Per Cent
The six-member Monetary Policy Committee (MPC) led by RBI Governor has decided to keep the benchmark repo rate unchanged at 6 ...
18h
Patterson Revises FY25 Earnings Guidance; To Evaluate Potential Strategic Alternatives
Patterson Companies (PDCO) revised its fiscal 2025 earnings guidance. GAAP earnings are expected to be in the range of $1.83 to $1.93 per share; and non-GAAP adjusted earnings are expected to be in ...
2h
RBI Monetary Policy Meeting Live: Shaktikanta Das-led MPC keeps repo rate unchanged, cuts CRR to 4%; GDP FY25 outlook revised down to 6.6%
The Monetary Policy Committee or the RBI’s MPC led by central bank governor Shaktikanta Das will announce today their ...
Hosted on MSN
3h
7 months into FY25, govt has met just 42% of capex target, low GDP growth puts strain on fiscal goals
Corporate tax collections saw modest growth of just 1.2%, but a 20.2% rise in income tax collections helped strengthen the ...
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