From India's monetary policy announcement to Trump's push for "peace" in Gaza, here's a look at the key news events of this week. (Photo: Vijay Sartape/NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed
The week started with the domestic currency hitting a fresh all-time low on Sept. 30, led by global uncertainties. The focus later shifted to the Reserve Bank of India's Monetary Policy Committee, which kept the benchmark rate unchanged at 5.5%.
Below are the top events and news of the week that ended on Oct. 3.
MPC Repo Rate Decision
On Wednesday, at the conclusion of its bi-monthly MPC meet, the RBI kept the repo rate unchanged at 5.5% for the second consecutive time, in a unanimous decision.
The central bank also retained its 'neutral' stance, with most of