Will vote for rate cut in April policy too: MPC Varma

After casting the first vote in favour of a rate cut since May 2020 this month, Jayanth Varma, external member of the Monetary Policy Committee, says he will vote for a rate cut in April as well, unless something unexpected happens in between to change his mind.

CCIL may enable FPIs to trade gilts via intl platforms

CCIL is in the process of developing an interface between gilt trading platform and international trading platforms to give foreign investors an easier access to the domestic debt market, sources said.

India basmati rice exports seen up Jan-Mar

A strong quarter and better realisation will lift Indian basmati rice exports in Jan-Mar. "The country is likely to export 1.3-1.4 mln tn basmati rice in March quarter," says Prem Garg from Indian Rice Exporters' Federation.

Farm leader: ‘Guarantee MSP even without buys’

The government must guarantee minimum support prices for all crops and ensure prices do not fall below a certain level even without the Centre having to procure those commodities, says V.M. Singh, a former member of the Legislative Assembly and national convener for the Rashtriya Kisan Mazdoor Sangathan.

GDP growth seen at 3-qtr low of 6.6% in Oct-Dec

India's GDP growth is likely to have slowed down to a three-quarter low of 6.6% in the quarter ended December from 7.6% in Jul-Sep, mainly as the statistical effect of a low base normalises, according to an Informist poll of 20 economists. India's GDP grew 4.5% in Oct-Dec of 2022.

The news stories here are delayed and are representative of the range of our coverage. Live news first appears exclusively on Workstation.