The Reserve Bank of India's Monetary Policy Committee will keep the repo rate unchanged at 6.50 percent in its meeting on April 5, said Madan Sabnavis, chief economist at Bank of Baroda. The RBI has kept the repo rate unchanged since April 2023. In an exclusive interview with Moneycontrol, Sabnavis said the RBI will not change its stance as there may be less reason to believe it.
Open FlipEquity markets will remain closed on Friday on account of Good Friday, according to the market holiday calendar of BSE. Accordingly, all the segments including, the equity segment, derivative segment, and SLB segment will be closed today.T he Multi-Commodity Exchange (MCX) will also be closed for both morning and afternoon sessions. Equity markets will remain closed for a total of 145 days.
Open FlipBlackstone Inc. aims to add an additional $25 billion of Indian private equity assets over the next five years, reflecting the South Asian country’s increasing allure to global investors.The New York-based firm also intends to bring on 20 more investment professionals to its asset management business in India and double its office space in Nariman Point in downtown Mumbai,.
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