USD INR- India Raises Benchmark Repo Rate to 7.75% In a statement, Reserve Bank of India said that the Indian Repo Rate rose to a 7.75%, from 7.50% in the preceding month. Most analysts had expected the Indian interest rate to rise to 7.75%. Following the release of the data, the Indian Rupee
3.29 PM Jun 27th
taxes on our earning. Then, VAT, Service Tax, STT, CESS etc. so much. Any such move will affect only common man. Diesel increase will have impact on all the commodities. If commodities price increase then RBI will further increase Repo and Reverse Repo. It will affect home loan rate etc.
9.39 PM Jun 15th
Dear Friend, Here are my suggestions: 1. Without loss of capital, redeem all FMPs, and plough-in entire amount into IDFC G-Sec ST, DP, G. Caveat: you are OK for 2014, BUT closely watch RBI actions on repo / rev-repo rates during 2015.Your returns would be big, I assure you......I am watching my
9.01 PM Jun 7th
, further raise in Repo rate, MSF,SLR and Reverse Repo rate is possible or Not. all these years UPA Govt. did is Negative Politics, Now time changed. when vision changes Fundamentals changes automatically, Next shock will be soon for bears when Raghuram Rajan cut Repo rate and Reverse repo rate in 6 months
10.13 AM Jun 7th