Representational image only. | Photo Credit: Reuters The Reserve Bank of India’s (RBI) rate-setting panel on April 3 started its three-day meeting amid expectations that the Central bank may go for 25 basis points hike in benchmark interest rate, probably the last in the current monetary tightening cycle that began in May 2022. Reserve Bank […]
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Representational image only. | Photo Credit: Twitter/@FinMinIndia The government’s total liabilities rose to ₹150.95 lakh crore in December quarter from ₹147.19 lakh crore in the three months ended September 2022, according to the latest public debt management report. The increase reflects a quarter-on-quarter increase of 2.6% in October-December 2022-23. In absolute terms, the total liabilities, […]
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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 […]
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Representational image only. | Photo Credit: Twitter/@ASSOCHAM4India Industry body Assocham on December 2 asked the Reserve Bank of India (RBI), which has hiked the key policy rate by 190 basis points since May, to moderate the interest rate hikes so that it does not have adverse impact on nascent economic recovery. RBI Governor Shaktikanta Das […]
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