The Reserve Bank of India seal on a gate outside the RBI headquarters in Mumbai. File | Photo Credit: Reuters The Finance Ministry has initiated the process to appoint a new Reserve Bank Deputy Governor in place of M.K. Jain, whose extended term is coming to an end in June. The applicant should have an […]
Continue Reading
India’s economic growth is now ‘extremely fragile’ and needs all the support that it can get, as private consumption and capital investment are yet to pick up, RBI Monetary Policy Committee (MPC) member Jayanth R Varma said on December 23. Mr. Varma further said out of the four engines of growth for the economy, exports […]
Continue Reading
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 Committee’s […]
Continue Reading
With downgrades in growth forecasts from June, and a slowdown predicted next year, a growth rate next fiscal year of 6.1% for India was “still a bright spot”, said an IMF official With downgrades in growth forecasts from June, and a slowdown predicted next year, a growth rate next fiscal year of 6.1% for India […]
Continue Reading
The announcement was made by the Monetary Policy Committee (MPC) of RBI. The announcement was made by the Monetary Policy Committee (MPC) of RBI. The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on September 30, 2022 increased policy repo rate by 50 basis points (bps) to 5.9% making loans expensive. The […]
Continue Reading
The BSE Sensex zoomed 934.23 points or 1.81% to settle at 52,532.07. The BSE Sensex zoomed 934.23 points or 1.81% to settle at 52,532.07. Equity investors became richer by more than ₹5.77 lakh crore on June 21, helped by a rally in the broader market where the BSE benchmark jumped nearly 2%. The BSE Sensex […]
Continue ReadingCopyright © 2022
Designed and Developed by Cpool Digital Learning
