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"monetary-policy"

  • Rupee falls 7 paise to 82.59 against US dollar ahead of RBI policy decision

    At the interbank foreign exchange, the domestic unit opened at 82.59, registering a decline of 7 paise over its last close.
  • Sensex climbs 235.1 points to 63,027.98 in early trade

    Benchmark Sensex and Nifty traded 0.3 per cent higher each at the time of writing this report.
  • Indian economy expected to grow 6.5-6.7 pc in 2023-24: CII president

    Confederation of Indian Industry President R Dinesh said the growth will be supported by strong domestic drivers and robust momentum in capital expenditure
  • Sensex falls 165.16 points to 59,524.15 in early trade

    The 30-share BSE Sensex fell 165.16 points to 59,524.15 after a weak beginning. The broader NSE Nifty declined 45.5 points to 17,511.55.
  • Opinion: Buoyant year for banks

    Growth data of domestic economy show optimism which will provide strong impetus too
  • RBI calls for additional monetary policy meet to discuss inflation mandate

    The meeting has been called under the provisions of Section 45ZN of the Reserve Bank of India (RBI) Act 1934, RBI said in a statement on Thursday.
  • RBI’s monetary policy review underway; here’s what analysts see as possible outcome

    New Delhi: The three-day Reserve Bank of India’s monetary policy committee meeting commenced on Wednesday and it is highly likely the six-member panel will go for another interest rate hike to curb rising domestic inflation. In line with the global trend of monetary policy tightening to cool off inflation, the RBI has so far hiked […]
  • Monetary policy of India is financially inclusive by design: RBI DG Patra

    Mumbai: The country’s monetary policy is, by design, financially inclusive and this strategy will result in policy effectiveness and welfare maximisation going ahead, Reserve Bank of India’s Deputy Governor Michael D Patra said on Friday. Financial inclusion appears to have gone up, with the level of the RBI’s financial inclusion index rising from 49.9 in […]
  • RBI keeps policy rate unchanged; repo retained at 4 pc

    This is the seventh time in a row that the Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das has maintained status quo.
  • Sensex, Nifty open marginally higher ahead of RBI’s Monetary Policy

    IndusInd Bank was the top gainer in the Sensex pack, rising around 3 per cent, followed by M&M, Maruti, Bharti Airtel, Sun Pharma and NTPC.
  • RBI likely to maintain status quo in August policy: SBI report

    The Consumer Price Index (CPI)-based inflation hit a six-month high of 6.3 per cent in May, from 4.3 per cent in April.
  • India to see $210 million daily output loss in Q1: S&P

    Initial shock relays through the economy via various channels - labour markets weaker, household incomes lower.
  • Regulating inflation pathway

    Keeping inflation at the epicentre of monetary policy is an assurance that it will not be allowed to go awry
  • RBI targets 5.2 per cent retail inflation for first half of FY22

    Reserve Bank of India (RBI) has kept the key repo rate unchanged at 4 per cent to support growth in the current situation.
  • India’s inflation “uncomfortably high”: Moody’s Analytics

    Higher fuel prices will keep upward pressure on retail inflation and keep the RBI from offering further rate cuts, said Moody's Analytics...
  • Monetary policy changes can upset bond market: Former RBI chief

    Former RBI chief Raghuram Rajan opined that the government's target to make India a $5-trn economy by 2024-25 is more aspirational.
  • ‘RBI internal panel working on model of central bank’s digital currency’

    The government last week moved to ban private cryptocurrencies.
  • RBI projects GDP growth rate of 10.5 per cent for FY’22

    RBI Governor Shaktikanta Das said the growth outlook has improved significantly and the vaccination drive will help the economic rebound.
  • Rupee rises 16 paise to 73.77 against US dollar

    The Reserve Bank of India on Friday maintained status quo for the third time in a row and kept benchmark lending rate unchanged at 4 per cent.
  • RBI maintains status quo third time in a row; policy rate unchanged at 4 pc

    The reverse repo rate will also continue to earn 3.35 per cent for banks for their deposits kept with Reserve Bank of India (RBI).
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