Inflation: Pulses put on display for sale at wholesale grocery market Khari Baoli, Delhi | Photo Credit: Sushil Kumar Verma The latest annual report released by the RBI highlights the factors and disruptors that heightened inflation levels worldwide. It also identifies the specific commodities that affected inflation across different components, like food, fuel and core […]
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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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According to RBI’s latest data, India’s foreign currency assets, the biggest component of the forex reserves, rose by USD 4.38 billion to USD 509.728 billion. File photo | Photo Credit: AFP India’s foreign exchange reserves rose sharply by USD 5.977 billion to USD 578.778 billion, hitting an over eight-month high. During the prior week that […]
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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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Reserve Bank of India (RBI) Governor Shaktikanta Das | Photo Credit: Reuters Reserve Bank of India Governor Shaktikanta Das on Wednesday laid the foundation stone for a ‘Greenfield Data Centre’ and an ‘Enterprise Computing & Cybersecurity Training Institute’ in Bhubaneswar, Odisha. “The Governor in his remarks acknowledged the critical role played by technology in supporting […]
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There is no doubt that the top-seeded Reserve Bank of India (RBI) women’s table tennis team is the favourite despite PSPB being the defending champion. RBI proved it in ample measure with an imposing 3-0 victory over Kerala in the pre-quarterfinals of the senior National inter-State table tennis championships here on Tuesday. RBI will take […]
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A Russian fighter jet on March 14, 2023 struck the propeller of a U.S. MQ-9 drone surveillance drone over the Black Sea, causing American forces to bring down the unmanned aerial vehicle in international waters, the U.S. military said. | Photo Credit: AP Russia says its fighters didn’t use weapons, impact U.S. drone The Russian […]
Continue ReadingAshima Goyal, Economist & Author. File | Photo Credit: Murali Kumar K Inflation is expected to come down over the year, RBI Monetary Policy Committee (MPC) member Ashima Goyal said on March 12, asserting that the government’s supply-side action coordinated with a flexible inflation-targeting regime has kept the rate of price rise lower than that […]
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M Rajeshwar Rao, Deputy Governor, Reserve Bank of India (RBI). File | Photo Credit: The Hindu Bureau India needs to gear up to manage the exchange rate volatility as the country progresses on the path of internationalisation of rupee and freer capital account convertibility, according to Reserve Bank Deputy Governor M Rajeshwar Rao. He also […]
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RBI Monetary Policy Committee member Jayanth R. Varma. Photo: iima.ac.in India’s economic growth appears to be ‘very fragile’ and it may fall short of what the country needs to meet the aspirations of its growing workforce, RBI Monetary Policy Committee (MPC) member Jayanth R. Varma said on February 26. In India, Mr. Varma said he […]
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