In response to the panic triggered by Trump's trade policies, the RBI net sold approximately $43 billion in the second half of FY25 to curb volatility, as the rupee plunged to a low of 87.95 per dollar in February this year.
Mumbai will have to beat Meghalaya by a big margin to win with a bonus point in their last league match while also needing other results to go their way.
Shardul Thakur and Tanush Kotian grabbed four wickets each as rampant Mumbai stormed to an innings and 456-run win over Meghalaya to top the Ranji Trophy Elite Group A table in Mumbai on Saturday.
Mumbai reach SMAT final after Ajinkya Rahane's sublime 98 powers them to 6-wicket win over Baroda
The Reserve Bank of India on Tuesday barred state-owned Bank of Baroda from onboarding fresh customers on its mobile application 'bob World' with immediate effect, citing material supervisory concerns. "The Reserve Bank of India has, in exercise of its power, under Section 35A of the Banking Regulation Act, 1949, directed Bank of Baroda to suspend, with immediate effect, any further onboarding of their customers onto the 'bob World' mobile application," it said in a statement.
Jammu and Kashmir caused a major upset in the Ranji Trophy as they shocked defending champions Mumbai by five wickets on Saturday.
Serving suspension, he is not included in the tie against Baroda, currently underway in Nashik.
India's star pacer Mohammed Shami set up Bengal's comfortable win against Meghalaya with a measly spell in their Group A contest in the Syed Mushtaq Ali T20 Trophy in Rajkot on Sunday.
The contest will be played at the Golf Club Ground in Nasik.
'A repo cut will be very good for the market as it will mean that everything is being done to spur growth in these uncertain times.'
Retail inflation dipped marginally to a nearly six-year low of 3.34 per cent in March due to a decline in prices of vegetables and protein-rich items. The Consumer Price Index (CPI) based inflation was 3.61 per cent in February and 4.85 per cent in March last year.
Cricketing legends and captains, past and present, echoed their sentiments, while groundsmen and support staff were honoured.
Jharkhand, however, could not make the knockouts from the group as Gujarat topped it with Haryana being the second team to progress. Jharkhand finished third.
Ruturaj Gaikwad's whirlwind 148 not out powered Maharashtra to a nine-wicket win over Services
While growth in India is largely domestic and hence the overall GDP effect may not be more than 0.15-0.2%, but overall trade will be impacted due to every country going back to the drawing board, points out Madan Sabnavis.
Shardul Thakur's hat-trick and unbeaten half-centuries from skipper Ajinkya Rahane and Siddhesh Lad helped Mumbai build a 127-run lead against Meghalaya/
In all, Axar has led in 24 matches across all formats, winning 12, losing 10 and two matches ended in a draw.
The Indian Premier League will follow the International Cricket Council's Code of Conduct regulation for participating players.
With Rohit named in Mumbai's 17-member squad along with fellow Test opener Yashasvi Jaiswal, a significant turnout can be expected on the match day at Mumbai Cricket Association's BKC facility.
India all-rounder Hardik Pandya will not be available for the league stage matches of the Vijay Hazare Trophy because of personal reasons, but he will join Baroda if they progress to the knockouts.
Arshdeep Singh grabbed five wickets and opener Prabhsimran Singh smashed a marauding unbeaten 150 as Punjab defeated Mumbai by eight wickets
Delhi use 11 bowlers vs Manipur
Shardul Thakur's second first-class hundred brought Mumbai back from the brink in their Elite Group A clash against Jammu and Kashmir at MCA BKC Ground in Mumbai on Friday.
Senior batter Ambati Rayudu has returned to Baroda and will be playing for the side in the upcoming domestic season as a 'professional'.
Defending champions Mumbai announced their 16-member squad sans India stars Rohit Sharma, Yashasvi Jaiswal and Shreyas Iyer to take on Meghalaya in their must-win Ranji Trophy Elite Group A
Facing Kerala in the quarter-finals in Pune from February 8, J&K will be looking to script history as they aim to make it to the Ranji Trophy semi-finals for the first time ever.
Rohit Sharma's poor form in red-ball cricket continued as he fell for a 19-ball 3 before Mumbai conceded a first-innings lead against Jammu and Kashmir
50 years later, Ravi Shastri walked the audience through the unforgettable over with flair, sharing details about each shot.
Fifties by skipper Shreyas Iyer and veteran Ajinkya Rahane carried Mumbai to a five-wicket win over Maharashtra in a Group C match of the Syed Mushtaq Ali Trophy in Hyderabad on Wednesday.
The development was confirmed on Thursday by BCA secretary Ajit Lele.
Wicketkeeper-batter Anvay Dravid, son of former India captain and coach Rahul Dravid, was named in the Karnataka probable list of players for the Under-16 Vijay Merchant Trophy.
The RBI is likely to reduce the key interest rate by 25 basis points this week after keeping it on hold for two years, complementing the Union Budget initiatives to push consumption-led demand, though the sliding rupee continues to be a concern. As the retail inflation has remained within the Reserve Bank's comfort zone (less than 6 per cent) for most of the year, the central bank can take rate action to boost growth hit by sluggish consumption, opined experts.
'As the Budget has taken some measures to spur growth, similar action from the MPC may be expected.'
A round-up of Monday's action in the Syed Mushtaq Ali Trophy tournament.
Tanush Kotian's five-wicket haul helped Mumbai bounce back as the visitors bowled out Baroda for 185 in their second innings.
Perry (57, 34b, 6x4, 2x6) and Ghosh (64 not out, 27b, 7x4, 4x6) were in sublime touch as defending champions RCB scaled down the target of 202 with ease in the tournament opener.
The Real Effective Exchange Rate (REER) of the rupee moderated in December to 107.20 after hitting a peak of 108.14 in November, latest data released by the Reserve Bank of India (RBI) showed. The REER was 103.66 in January 2024. The rupee depreciated around 3 per cent against the dollar in 2024.
A summary of Friday's action in the Ranji Trophy matches across the country.
Devdutt Padikkal and Ravichandran Smaran starred with the bat, guiding Karnataka to a five-wicket win over Haryana in the Vijay Hazare Trophy semi-final.
Anmolpreet smashes fastest List A hundred by an Indian
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