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Source: Business Standard RBI, Reserve Bank of India(Photo: Reuters) 3 min read Last Updated : Oct 09 2024 | 11:56 AM IST As the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) decided to keep the repo rate unchanged at 6.5 per cent on Wednesday (October 9), governor Shaktikanta Das announced that the…
Source: Business Standard RBI Governor Shaktikanta Das highlighted adverse weather conditions, ongoing geopolitical conflicts, and a rise in select commodities as the key threats to its inflation forecast.(Photo: Shutterstock) 4 min read Last Updated : Oct 09 2024 | 1:11 PM IST After the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Wednesday…
Source: Business Standard The RBI kept the repo rate unchanged at 6.5 per cent for the tenth consecutive meeting, with a majority vote of 5-1 (Photo: PTI) 4 min read Last Updated : Oct 09 2024 | 10:32 AM IST The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Wednesday,…
Source: Business Standard A change in the RBI’s policy stance language would pave the way for a quarter-point rate cut in December. | Image: Bloomberg 5 min read Last Updated : Oct 08 2024 | 7:05 PM IST By Anup Roy and Subhadip Sircar India’s new monetary policy committee may lay the ground for an…
Source: Business Standard RBI, Reserve Bank of India(Photo: Shutterstock) 1 min read Last Updated : Oct 04 2024 | 11:25 AM IST The newly constituted Monetary Policy Committee (MPC) includes three new external members: Ram Singh, Saugata Bhattacharya, and Nagesh Kumar. In this context, we review how inflation and policy rates performed under the previous…
Source: Business Standard India’s forex reserves have ballooned by $87.6 billion so far in 2024, already more than the near-$62 billion increase over the whole of last year. 2 min read Last Updated : Oct 04 2024 | 5:35 PM IST India’s foreign exchange reserves crossed $700 billion for the first time on record,…
Source: Business Standard 1 min read Last Updated : Sep 20 2024 | 11:56 AM IST India’s foreign exchange reserves expanded by $66 billion in 2024, marking an all-time high of $689 billion. This follows an increase of $60 billion in 2023, after a decline of $71 billion in 2022. Among the top five…
