Rate relief cheered: Auto industry backs RBI’s 50 bps repo...

Rate relief cheered: Auto industry backs RBI’s 50 bps repo cut; expects boost in affordability, retail demand

Posted

India's automobile sector is optimistic following the Reserve Bank of India's rate cut, anticipating improved financing access and strengthened consumer sentiment. The reduction in repo rate and CRR is expected to infuse liquidity, boosting vehicle retail and supporting overall economic growth. Stakeholders believe this timely intervention will enhance affordability and spur demand in the auto industry.

Read Full Article

Please log in to like, share and comment!

National

Four Ministers resign from Bagmati Province government

HETAUDA: Four ministers from the Bagmati Province government have tendered their resignations....

By 0 2

International

Is return to UAE possible after deportation? Everything to Know about laws, process, and exceptions

Deportation in the UAE is when a foreigner is legally removed from the country, either by a court...

By 0 8

National

Five arrested for duping job seekers with fake foreign employment promises

KATHMANDU: Nepal Police have arrested five individuals on charges of defrauding job seekers by...

By 0 25

Business

‘Made to sign documents under coercion…’: Late Sunjay Kapur’s mother Rani Kapur writes to Sona Comstar board; calls son’s death ‘sudden and suspicious’

Rani Kapur, mother of the late Sunjay Kapur, has requested Sona Comstar to postpone its AGM,...

By 0 36

National

Nepal and Thailand share cultural values and economic potential: Foreign Minister Rana

KATHMANDU: Minister for Foreign Affairs Dr. Arzu Rana Deuba has emphasized the deep-rooted...

By 0 36