Image for representational purposes only. | Photo Credit: The Hindu The rupee declined 24 paise to 82.09 against the U.S. dollar in early trade on Tuesday as heavy selling pressure in domestic equities and rising crude prices overseas weighed on investor sentiment. Besides, foreign fund outflows put pressure on the domestic unit, forex dealers said. […]
Continue Reading
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 […]
Continue Reading
RBI Governor says expects October’s retail inflation reading to be ‘lower than 7%’ RBI Governor says expects October’s retail inflation reading to be ‘lower than 7%’ Reserve Bank Governor Shaktikanta Das on Saturday exuded confidence that India will continue to be the fastest growing major economy with a likely growth rate of 7% in 2022-23 […]
Continue Reading
Inflation has been trending above the RBI’s upper tolerance level of 6% since January this year. Inflation has been trending above the RBI’s upper tolerance level of 6% since January this year. RBI Governor Shaktikanta Das on November 12 said there was no need to change the inflation target despite the Central bank’s failure to […]
Continue Reading
“Will to try and launch the CBDC in a full-fledged manner in the near future,” says Reserve Bank of India Governor Shaktikanta Das “Will to try and launch the CBDC in a full-fledged manner in the near future,” says Reserve Bank of India Governor Shaktikanta Das Reserve Bank of India (RBI) Governor Shaktikanta Das said […]
Continue Reading
Governor Shaktikanta Das says India’s buffers are very strong, Reserve Bank of India’s uppermost objective is to maintain price, macroeconomic stability Governor Shaktikanta Das says India’s buffers are very strong, Reserve Bank of India’s uppermost objective is to maintain price, macroeconomic stability Having weathered two major shocks — the COVID-19 pandemic and the conflict in […]
Continue Reading
The 597th meeting of the Board was held at the Reserve Bank of India’s Regional Office in Jaipur. The meeting was chaired by RBI Governor Shaktikanta Das. The 597th meeting of the Board was held at the Reserve Bank of India’s Regional Office in Jaipur. The meeting was chaired by RBI Governor Shaktikanta Das. The […]
Continue Reading
The rupee appreciated by 17 paise to close at 79.23 (provisional) against the U.S. dollar on Friday after the Reserve Bank hiked interest rates by 50 basis points. At the interbank foreign exchange market, the domestic currency opened at 79.15 per dollar. It hovered in a range of 78.94 to 79.29 during the session. The […]
Continue Reading
Shaktikanta Das said country’s current account deficit will be manageable and the central bank has the ability to manage the gap Shaktikanta Das said country’s current account deficit will be manageable and the central bank has the ability to manage the gap Reserve Bank of India Governor Shaktikanta Das on August 5, 2022 said the […]
Continue Reading
Reserve Bank Governor Shaktikanta Das on Thursday described cryptocurrencies as a “clear danger” and said that anything that derives value based on make-believe, without any underlying, is just speculation under a sophisticated name. The government is in the process of finalising a consultation paper on cryptocurrencies after gathering inputs from various stakeholders and institutions. Reserve […]
Continue ReadingCopyright © 2022
Designed and Developed by Cpool Digital Learning
