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The Reserve Bank of India (RBI) is expected to continue increasing the repo and reverse repo rates in months to come, said a senior official of HDFC Bank.

RBI governor Raghuram Rajan has cut the 0.25 interest rate as earlier expected and the repo rate remains same at 4 percent.

The Reserve Bank of India today left the repo rate unchanged while maintaining the stance of 'calibrated tightening' of policy. The key rate remains unchanged at 6.5%. This is for the 2nd time in a row that RBI didn't change the interest rate. It retained the GDP growth projection for FY19 at 7.4%.

The RBI had cut the key lending rate previously four times, ie on 7th February, 4th April, 6th June and 7th August this year, to infuse liquidity and boost economic growth.

"The global drinkware market size is anticipated to reach USD 4.79 billion by 2025 registering a CAGR of 3.1%. Rising product demand from the hospitality and food service industry and increasing beverage consumption are expected to augment the market growth. Moreover, several initiatives by key companies to introduce products made of eco-friendly materials will contribute to the market development. Moreover, introduction of innovative and luxurious designs will drive the demand further. To control the harmful effects of plastic drinkware on the environment and health, companies are introducing safe and recyclable drinkware. For instance, TOSSWARE offers Crystal Clarity TOSSWARE?, which is 100% BPA-free, made of highest-quality polymer, and is shatterproof. Glass-based drinkware accounted for the largest share of 35.23% in 2018. Steel is gaining popularity as it is temperature-sensitive, highly durable, and completely recyclable. Get Free Sample Copy of this Report at: https://www.radiantinsights.com/research/drinkware-market/request-sample Urban Bar introduced a range of steel-based drinkware named, Tiki Barware, which has Hawaiian themed tiki patterns on it. Asia Pacific is expected to be the fastest-growing regional market over the forecasted period. Rapid growth in hospitality industry and increasing consumer disposable income levels are the main factors driving the market growth in this region. For instance, the coffee sales by Cafe Coffee Day increased from 1.6 million cups in 2017 to over 2 million cups in 2018. Further key findings from the study suggest: * Plastic material segment is projected to register the fastest CAGR of 3.5% from 2019 to 2025 on account of high demand for plastic products due to their durability and lower price * The glass material segment accounted for the largest share of the global drinkware market in 2018 and is expected to maintain its dominant position throughout the forecast years * Europe is expected to be the largest re

Bharat Book Bureau Provides the Trending Market Research Report on "Indian Air Conditioners Market" under Consumer Goods category. The Indian Air Conditioners Market is projected to exhibit highest growth rate over report offers a collection of superior market research, market analysis, competitive intelligence and industry reports. "India Air Conditioners Market By Product Type, By End Use Sector, Competition Forecast & Opportunities, 2013 - 2023" India air conditioners market is projected to grow at a CAGR of more than 17% by 2023. Anticipated growth in the market is led by rising infrastructure development in the country coupled with growing demand for residential and commercial spaces. Moreover, constantly rising temperature along with increasing purchasing power of the consumers is further fueling growth in the country's air conditioners market.

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