[ad_1] Reserve Bank of India (RBI) Governor Shaktikanta Das. File. | Photo Credit: PTI The Reserve Bank of India could ill afford to opt for a “premature pause in monetary policy action” as it would prove costly at a time when there was stickiness in core inflation, Governor Shaktikanta Das stressed at the Monetary Policy […]
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[ad_1] Reserve Bank of India Governor Shaktikanta Das. File photo | Photo Credit: PTI Reserve Bank of India Governor Shaktikanta Das on Wednesday, December 21, 2022 said underlying economic activity in India continues to be strong, but external factors will cause some “dent” to the economy. Speaking at the BFSI Insight Summit 2022 organised by […]
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[ad_1] Reserve Bank of India (RBI) Deputy Governor Michael Patra. File. | Photo Credit: Reuters The balance of risks is increasingly tilted towards a darkening global outlook and emerging market economies (EMEs) appear to be more vulnerable, even though incoming data suggest that global inflation may have peaked, Reserve Bank of India officials led by […]
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[ad_1] Federal Reserve Board Chairman Jerome Powell looks on during a news conference at the Federal Reserve Building in Washington, U.S. | Photo Credit: Reuters Federal Reserve policymakers expect to raise U.S. interest rates further, and keep them high for longer, than they had earlier anticipated, signaling Wednesday that squashing high inflation will likely take […]
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[ad_1] India’s goods exports contracted for the first time since February 2021 in October, and the Finance Ministry said that the slowdown in China has also affected global trade. File | Photo Credit: Reuters The outlook for India’s exports may be dented by the global slowdown driven by the confluence of stubbornly high inflation, rising […]
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[ad_1] Image used for representational purpose only. | Photo Credit: The Hindu India is well placed to grow at a “moderately brisk rate” in the coming years on the back of macroeconomic stability, despite global monetary tightening, a Finance Mnistry report said on Thursday. It further said inflationary pressures will ease in the coming months […]
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[ad_1] The RBI logo | Photo Credit: Getty Images The story so far: The Governor, Deputy Governor and a few other senior officials of apex banking regulator, the Reserve Bank of India (RBI), met MD and CEOs of public and certain private sector banks on November 16. Acknowledging the role played by private commercial banks […]
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[ad_1] Former Niti Aayog vice-chairman Rajiv Kumar. File | Photo Credit: Sandeep Saxena India will still grow at 6%-7% in the next 2023-24 fiscal even as the economy may be affected by uncertain global conditions, former Niti Aayog Vice-Chairman Rajiv Kumar has said amid growing fears of the world slipping into a recession. Mr. Kumar further […]
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[ad_1] Former Niti Aayog vice-chairman Rajiv Kumar. File | Photo Credit: Sandeep Saxena India will still grow at 6%-7% in the next 2023-24 fiscal even as the economy may be affected by uncertain global conditions, former Niti Aayog Vice-Chairman Rajiv Kumar has said amid growing fears of the world slipping into a recession. Mr. Kumar further […]
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[ad_1] The story so far: India’s retail inflation dropped to a three-month low of 6.77% in October when compared to the same month last year. Wholesale price inflation also dropped significantly from rising at double digit rates in earlier months to 8.3% in October. The drop in inflation has led to hopes that the RBI […]
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