Best phones to buy under ₹25,000 during Amazon and Flipkart sale: Poco F6, Realme GT 6T and more
Amazon and Flipkart Diwali sales offer exciting deals on smartphones under ₹25,000. Notable models include Poco F6 and Realme GT 6T, both featuring advanced displays and powerful chipsets, with significant discounts available through bank offers during the sales. Key Points
mintBengaluru most affordable Indian destination for Summer 2024: Agoda travel survey
The best destination of budget travel in India is Bengaluru, with an average room rate of Rs 4,584. Bengaluru replaced Puri, which came out on top of the cheapest destinations ranking a year ago. Key Points
Business TodayRBI Policy Rate: No tango with repo, yet RBI moves ease rates
The Reserve Bank of India (RBI) has indirectly eased policy rates through consistent liquidity injections, leading to a decline in the weighted average call rate (WACR) towards the benchmark repo rate. This trend reflects increased confidence in liquidity management strategies, supported by government spending and proactive RBI operations. Analysts suggest a shift towards containing inflation while maintaining stable borrowing costs. Key Points
Economic TimesAmazon Republic Day Sale: Get discounts up to 55% on tablets under ₹25000
Amazon Republic Day Sale: Tablets are made affordable with attractive discounts during the Amazon Republic Day Sale. Check out the top deal picks under ₹25000. Key Points
mintRBI has food for thought but likely to keep rate pause
The MPC, which will detail its next policy statement at the end of its three-day meeting on December 8, is seen keeping the repo rate unchanged at 6.50% while retaining its stance of withdrawal of accommodation, an ET poll of 10 economists showed. After raising the repo rate by 250 basis points (2.5 percentage points) from May 2022 to February 2023, the committee has maintained a pause on the benchmark rate, which is the rate at which the RBI lends to banks. Key Points
Economic Times
US third-quarter economic growth revised up to 5.2%
The U.S. economy's third-quarter growth was revised upwards to a 5.2% annualized rate, exceeding the previously reported 4.9%. The Commerce Department's Bureau of Economic Analysis released the second estimate, indicating the fastest expansion since Q4 2021. The revision was attributed to upgrades in business investment, state and local government spending, and residential investment. Key Points
Economic TimesKeeping an eye on rupee & Fed policy, says FM Nirmala Sitharaman
Sitharaman noted that indicators within India are comfortably placed because of stable policies and predictable tax domains, but there are challenges in the form of weakening consumption in the West. Consumption is falling in many Western economies; it affects me because our exports are so dependent on the European market or the advanced economies' market, where demand is falling and exports will be adversely affected, she said. Key Points
Economic Times