Tag: Indian Economy
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Stable Repo Rate Keeps Home Loan EMIs Predictable
RBI Keeps Repo Rate Unchanged: Why It’s Still a Win-Win for Homebuyers The Reserve Bank of India’s (RBI) decision to keep the repo rate unchanged at 5.25 per cent has drawn mixed reactions, particularly from homebuyers who were expecting a rate cut to ease borrowing costs. At first glance, the absence of a reduction may…
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India Imposes 3-Year Steel Tariffs to Protect Domestic Industry
India has taken a significant trade policy step by imposing higher import duties on select steel products for a period of three years, aiming to protect its domestic steel industry from a surge in low-priced imports, particularly from China. The move follows recommendations from trade regulators who found that a sharp rise in cheap steel…
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India’s Crude Oil Imports Rise in December
India’s crude oil imports rose sharply in December, driven largely by increased purchases from Russia, as refiners resumed buying from non-sanctioned Russian entities offering deep discounts. The rebound comes despite earlier expectations of a decline in Russian oil inflows following tighter Western scrutiny and payment challenges. With imports from Moscow poised to exceed 1 million…
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Markets Pause: Sensex and Nifty End Flat After Record Highs
After delivering record-breaking performances in the previous sessions, India’s benchmark stock indices — the S&P BSE Sensex and the NSE Nifty50 — slowed down on Tuesday, ending the day almost flat. Investors used the opportunity to book profits after the strong rally, while others waited cautiously for fresh global cues. The pause was not unexpected,…
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GST 2.0 Impact on Markets Is a Turning Point Ahead
India’s economic landscape is shifting once again, and this time the catalyst is GST 2.0, a major reform designed to streamline taxation, lower consumer prices, and support business efficiency. Early signs indicate that the revamped GST structure has indeed boosted consumption, with several categories experiencing improved sales volumes due to reduced tax burdens and clearer…
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Sensex Drops 400 Points as Market Turns Volatile; Nifty Holds Above 26,000
Indian equity markets ended the day on a turbulent note as the benchmark S&P BSE Sensex plunged over 400 points, closing at 85,231, while the Nifty50 managed to stay just above the crucial 26,000 mark. The session was marked by sharp swings, weak global cues, and broad-based selling across sectors, reflecting rising investor nervousness about…
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Sensex Jumps 400 Points, Nifty Tops 25,800 in Strong Start
The Indian stock market began Wednesday’s trading session on a positive note, with the benchmark indices — Sensex and Nifty — opening significantly higher amid positive global cues and steady investor sentiment. The Sensex surged over 400 points at the open, while the Nifty reclaimed the 25,800 mark, reflecting optimism across key sectors. Blue-chip stocks…