India

RBI decided to maintain the repo rate at 6.5%; RBI Monetary Policy Meeting highlights

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RBI decided to maintain the repo rate at 6.5%

The Reserve Bank of India (RBI) has decided to maintain the repo rate, the key benchmark lending rate, at 6.5% during its bi-monthly monetary policy meeting held on August 6-8, 2024. This marks the ninth consecutive time that the RBI has kept the repo rate unchanged. RBI Monetary Policy Meeting Key Highlights: Repo Rate Unchanged: Read more: RBI decided to maintain the repo rate at 6.5%; RBI Monetary Policy Meeting highlights..

Tata Motors shares rise in early trade amid Moody’s upgrades corporate family rating

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Moody's upgrades corporate family rating of Tata Motors

Tata Motors shares have risen in early trade on Thursday, August 8, 2024, following Moody’s Investors Service upgrading the company’s corporate family rating by two notches to Ba1 from Ba3. Moody’s Investors Service upgrading Tata Motors’ corporate family rating by two notches to Ba1 from Ba3 signifies an improvement in the company’s creditworthiness and financial Read more: Tata Motors shares rise in early trade amid Moody’s upgrades corporate family rating..

Dr Lal PathLabs Q1 FY25 reported profit above expectations, Share surge 5.67% today

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Dr Lal PathLabs Q1 FY25 reported profit above expectations

Dr. Lal PathLabs reported strong Q1 FY25 results, beating analyst estimates and driving a 5.67% increase in share price. The company exceeded analyst expectations with a 28% YoY increase in net profit and a 16.4% YoY increase in EBITDA. Dr. Lal PathLabs is benefiting from rising health awareness and increased demand for medical tests, particularly Read more: Dr Lal PathLabs Q1 FY25 reported profit above expectations, Share surge 5.67% today..