Top News Podcast: CDS General Bipin Rawat dies in air crash; RBI retains repo rate at 4%; Nykaa shares tumble and more
Episode 161, Dec 08, 2021, 03:54 PM
Chief of Defence Staff General Bipin Rawat, his wife Madhulika Rawat and 11 more personnel of the armed forces died as the military chopper they were on board crashed in Tamil Nadu on Wednesday afternoon. Prime Minister Narendra Modi, Defence Minister Rajnath Singh, and the armed forces condoled the deaths.
Meanwhile, at the Reserve Bank of India monetary policy announcement, the central bank kept the benchmark interest rate unchanged at 4 percent and decided to continue with its accommodative stance against the backdrop of concerns over the new coronavirus variant Omicron. The real GDP and retail inflation forecast for the current fiscal were also retained.
Meanwhile, the Indian share markets closed nearly 2 percent higher as all Nifty sectors ended the day in the green. The market has risen over 3 percent in the past two sessions, making it the best 2-day gain in nine months. However, Nykaa shares’ price declined after the one-month lock-in period for shares allotted to anchor investors in the public issues ended.
For more updates on the market, economy, auto sector, tune in to Top News Podcast
In case you have any queries or suggestions, please write to us on cnbctv18podcast@nw18.com
Disclosure: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
Meanwhile, at the Reserve Bank of India monetary policy announcement, the central bank kept the benchmark interest rate unchanged at 4 percent and decided to continue with its accommodative stance against the backdrop of concerns over the new coronavirus variant Omicron. The real GDP and retail inflation forecast for the current fiscal were also retained.
Meanwhile, the Indian share markets closed nearly 2 percent higher as all Nifty sectors ended the day in the green. The market has risen over 3 percent in the past two sessions, making it the best 2-day gain in nine months. However, Nykaa shares’ price declined after the one-month lock-in period for shares allotted to anchor investors in the public issues ended.
For more updates on the market, economy, auto sector, tune in to Top News Podcast
In case you have any queries or suggestions, please write to us on cnbctv18podcast@nw18.com
Disclosure: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.