RBI raises repo rate by 35bps to 6.25%, highest since March 2019

by Green Earth Spaces | Dec 7, 2022 | Realty

[ad_1] Loans and mortgages will get more expensive with the Reserve Bank of India’s Monetary Policy Committee (MPC) announcing a fifth consecutive interest rate hike on Wednesday, of 0.35 percentage points, taking the policy rate to 6.25%, the highest since March...

After over-hiring, Amazon to lay off 20,000 employees in coming months: Report

by Green Earth Spaces | Dec 7, 2022 | Realty

[ad_1] Amazon is planning to size down its workforce by laying off 20,000 employees in the coming months reportedly after over-hiring during the pandemic. A report published in Computer world claimed that the e-commerce giant’s employees are ranked from level 1 to...

World Bank upgrades India’s GDP growth forecast to 6.9%

by Green Earth Spaces | Dec 6, 2022 | Realty

[ad_1] The World Bank on Tuesday revised India’s 2022-23 GDP growth forecast upward to 6.9% from 6.5% estimated in October after factoring in “a strong outturn” in the second quarter of the current financial year. India is “well placed” to navigate global headwinds,...

Downward trend in Markets: Sensex closes at 62,626, Nifty ends at 18,642

by Green Earth Spaces | Dec 6, 2022 | Realty

[ad_1] Downward trend in Markets: Sensex closes at 62,626, Nifty ends at 18,642. ABOUT THE AUTHOR Follow the latest breaking news and developments from India and around the world with Hindustan Times’ newsdesk. From politics and policies to the economy and the...

Indices close on mixed note as Sensex falls to 62,835, Nifty in green at 18,701

by Green Earth Spaces | Dec 5, 2022 | Realty

[ad_1] Equity benchmark indices ended on a flat note on Monday, with the BSE Sensex falling nearly 34 points, recording its second day of decline after an eight-day rally.In a volatile trade, the 30-share BSE benchmark dipped 33.9 points or 0.05 per cent to settle at...