Stock Market News: Following a global sell-off sparked by weaker-than-expected US data, the domestic benchmark indices, the Sensex and the Nifty 50, ended a weeks-long winning run on Friday, led by information technology (IT) and auto companies. The Sensex lost 1.08% to 80,981.95, marking the first drop in six sessions, […]
RBI policy
RBI monetary policy: On expected lines, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) maintained a status quo on the repo rate and poly stance on Friday, June 7. The six-member committee of the central bank, with a majority of 4:2, decided to keep the benchmark repo rate […]