Yesterday's big news was related to the meeting of the Monetary Policy Committee (MPC). The Reserve Bank of India (RBI) has maintained the interest rates at 6.5%. The Central Bank has not changed the rates for the 11th consecutive time. The last time the interest rate was increased by 0.25% to 6.5% was in February 2023.
At the same time, food prices reached the highest level in 19 months in November. According to data from the Food and Agriculture Organization (FAO) of the United Nations, this increase has occurred due to the increase in vegetable oil prices in November 2024.
Before tomorrow's big news, today's major events to keep an eye on…
- There may be a rise in the stock market today.
- There has been no change in the prices of petrol and diesel.
Now read tomorrow's big news…
1. Loan is not expensive, nor EMI will increase: RBI kept the repo rate at 6.5%, but there is a possibility of inflation increasing; This may reduce economic growth
Your existing loan will not become expensive, nor will your EMI increase. This is because the Reserve Bank of India (RBI) has maintained the interest rates at 6.5%. The Central Bank has not changed the rates for the 11th consecutive time. The last time the interest rate was increased by 0.25% to 6.5% was in February 2023.
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2. Food prices in November at the highest level in 19 months: American agency report – This increase is due to increase in the prices of vegetable oil.
Food prices reached the highest level in 19 months in November. According to data from the Food and Agriculture Organization (FAO) of the United Nations, this increase has occurred due to the increase in vegetable oil prices in November 2024.
Click here to read the full news…
3. After Maruti-Hyundai, Mahindra vehicles will also be expensive: The company announced to increase the price by 3%, due to increase in manufacturing cost.
After Maruti Suzuki and Hyundai, Mahindra & Mahindra has also announced to increase the prices of its vehicles. The company will increase the prices of the entire range of sports utility vehicles (SUV) and commercial vehicles (CV) in its portfolio by up to 3%.
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4. Next generation Bajaj Chetak will be launched on December 20: Electric scooter will come with new chassis frame and more storage, expected price ₹ 99,999
Bajaj Auto is preparing to launch the updated model of its popular electric scooter Chetak on December 20. A new chassis frame will be used in the new EV, in which the battery pack will be placed under the floorboard.
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5. Sensex closed at 81,709 with a fall of 56 points: Nifty also fell by 30 points, BSE Smallcap gained 342 points.
There was flat trading in the stock market on the last trading day of the week i.e. 6th December. Sensex closed at 81,709 with a fall of 56 points. Nifty also fell by 30 points, it closed at the level of 24,677.
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Now read the news of your need, 3 IPOs will open on 11th December: Opportunity to invest in Vishal Mega Mart, Mobikwik and Sai Life Sciences, listing on BSE-NSE on 18th December.
The initial public offers (IPOs) of Vishal Mega Mart Limited, One MobiKwik Systems Limited and Sai Life Sciences Limited will open on December 11. Retail investors will be able to bid for all three IPOs till December 13. The company's shares will be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on December 18.
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