Reserve Bank of India.

RBI's 25 bps rate hike to increase home loan EMI

The 25 basis points (bps) hike in the repo rate by the Reserve Bank of India (RBI) will result in an additional equated monthly instalment (EMI) of Rs 16 per lakh, said a top official of Sundaram Home Finance. Feb 9, 2023
International Monetary Fund (IMF)

Indian economy remains a "bright spot": IMF

India's economy has retained the crown of "a bright spot" in the International Monetary Fund's latest World Economic Outlook report released on Monday and it is slated to account for half of the global growth in 2023, compared to just a tenth coming from the combined might of the US, the world's largest economy, and Europe, which comprises some of the largest economies Jan 31, 2023