Tag: Bank Of India
India Rate Panel Favors Better Grip Over Inflation, Minutes Show
[ad_1] India’s rate setters wanted to stay cautious as volatile food prices lent uncertainty to the overall inflation trajectory and did not want to confuse investors by changing policy stance just yet, the minutes of the monetary policy meeting showed Friday. The Reserve Bank of India’s six-member monetary policy committee unanimously voted to pause for the fifth straight review and retained the stance on “withdrawal of accommodation,” indicating rates may remain higher for longer. [ad_2] Source link
Stocks to watch: GMR Airports, Zomato, Cipla, Bank Of India and more
[ad_1] SUMMARY From GMR Airports, Zomato to Tata Motors and Mazagon Dock, here are the top stocks to watch out for in the trade on December 11: By Asmita Pant Dec 10, 2023 9:22:38 PM IST (Published) 1 / 8 2 / 8 Zomato | In a significant move, SoftBank’s venture capital fund, SVF Growth (Singapore) Pte Ltd, has exited the popular online food delivery platform Zomato. The stake sale involved a transaction of 9.36 crore shares at a trade price of ₹120.5 per share, amounting to a total value of ₹1,127.51 crore, as per exchange data. 3 / 8 ... Read more