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Business News/ Economy / Economy News Today highlights on December 6, 2024: RBI holds repo rate at 6.50%, cuts CRR to boost liquidity
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Economy News Today highlights on December 6, 2024: RBI holds repo rate at 6.50%, cuts CRR to boost liquidity

5 min read . Updated: 06 Dec 2024, 08:32 PM IST
Livemint

Economy News Today highlights on December 6, 2024: From key announcements to major events impacting the micro and macro economy of the country and the world, this platform provides you with all the latest updates on the economy.

Economy News Today Live Updates: RBI holds repo rate at 6.50%, cuts CRR to boost liquidity (AP)Premium
Economy News Today Live Updates: RBI holds repo rate at 6.50%, cuts CRR to boost liquidity (AP)

Economy News Today highlights on December 6, 2024: Stay informed with the latest information and news about the Indian economy, world economy, global indicators, government policy for the economy, and real-time insights on dynamic GDP growth with our live coverage. LiveMint is the one-stop hub for those looking for the latest economic news and willing to understand the intricacies and details of their impact on our daily lives. Catch real-time updates here.

Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.

06 Dec 2024, 08:32:33 PM IST

Economy News Today Live: RBI holds repo rate at 6.50%, cuts CRR to boost liquidity

  • To support the overall liquidity conditions, RBI decided to lower the cash reserve ratio (CRR) to 4% from 4.50%.
Read the full story here

06 Dec 2024, 08:03:36 PM IST

Economy News Today Live: FM Sitharaman, economists discuss slowing growth, budget priorities, and macroeconomic challenges

  • Economists emphasized the need to address slowing growth while balancing short-term budgetary priorities with long-term economic goals.
Read the full story here

06 Dec 2024, 06:50:55 PM IST

Economy News Today Live: December quarter will make up for poll-induced growth slowdown: Nirmala Sitharaman

  • The finance minister conceded, however, that the plateauing of consumption demand in developed economies was a matter of concern for India’s exports.
Read the full story here

06 Dec 2024, 06:12:34 PM IST

Economy News Today Live: India's forex reserves come off 5-month lows to hit $658 billion, halt 8-week losing streak after losing $48 billion

  • India's forex reserves come off 5-month lows to hit $658 billion, halt 8-week losing streak after losing $48 billion
Read the full story here

06 Dec 2024, 12:44:41 PM IST

Economy News Today Live: Rising food inflation: Thali costs soar 7% YoY on pricey staples like potatoes, tomatoes

  • Thali prices rose in November, signalling food inflation's grip on household budgets.
Read the full story here

06 Dec 2024, 12:15:19 PM IST

Economy News Today Live: RBI monetary policy decision: Is an RBI rate cut coming after Union Budget 2025? What experts suggest

  • The RBI's Monetary Policy Committee maintained the repo rate at 6.5% and reduced the Cash Reserve Ratio by 50 basis points to 4%. The RBI cut its GDP growth forecast for FY25 to 6.6% while raising inflation projections to 4.8%. Experts anticipate potential rate cuts in early 2025.
Read the full story here

06 Dec 2024, 06:13:27 AM IST

Economy News Today Live: RBI MPC verdict today: Repo rate to GDP, inflation forecasts— here are 5 key indicators to watch

  • RBI MPC verdict today: Some economists expect a CRR reduction to benefit banks, while others anticipate a status quo in the December meeting and an interest rate cut in February.
Read the full story here

06 Dec 2024, 06:00:13 AM IST

Economy News Today Live: The week in charts: Trump’s threat, mixed PMI, IPO frenzy

  • News and developments from the week gone by, through numbers and charts.
Read the full story here

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