Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
RBI to remain divergent among central banks, maintain status quo on policy rates till late FY25: SBI Caps | Mint
According to SBI Caps, the Reserve Bank of India (RBI) is expected to maintain its current stance on policy rates through late fiscal year 2025. This prediction suggests that the RBI will continue to keep interest rates unchanged despite varying economic conditions. The decision is anticipated to be influenced by ongoing inflationary pressures, economic growth prospects, and global monetary policy trends. Maintaining the status quo is seen as a measure to ensure economic stability and provide clarity for businesses and consumers. This approach reflects a cautious but steady monetary policy stance in the face of evolving economic dynamics.