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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 2 min read Last Updated : Oct 09 2024 | 12:40 PM IST The Reserve Bank of India on Wednesday announced revised limits for popular digital payment solution Unified Payment Interface (UPI) from existing Rs 2,000 to Rs 5,000. Das, while announcing the Monetary Policy Committee’s (MPC) decision not to change…
Source: Live Mint Rate-sensitive sectors surged on Wednesday, October 9 following the Reserve Bank of India (RBI)’s decision to change its policy stance to ‘Neutral’ from ‘Withdrawal of Accommodation,’ indicating the possibility of a rate cut in December. The RBI’s Monetary Policy Committee (MPC), however, kept the repo rate unchanged at 6.5 per cent for…
Source: Business Standard Reserve Bank is closely monitoring the incoming information and will take measures, Das said. (Photo: Shutterstock) 2 min read Last Updated : Oct 09 2024 | 11:24 AM IST In a stern message to non-banking finance companies (NBFCs) aggressively pursuing growth without sustainable business practices and robust risk management frameworks, Reserve…
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: Live Mint Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open higher on Wednesday tracking gains in global markets and ahead of the RBI policy announcement. The trends on Gift Nifty also indicate a flat-to-positive start for the Indian benchmark index. The Gift Nifty was trading around 25,145 level, a…
Source: Business Standard This marks the fourth RBI MPC meeting of the financial year 2024-25. | Image: Bloomberg 7:14 AM RBI MPC Meeting LIVE: Policy committee is set to discuss key issues influencing India’s monetary policy The MPC is set to discuss key issues influencing India’s monetary policy. That includes inflationary pressures on food and…
Source: Business Standard Reserve Bank of India (RBI) Governor Shaktikanta Das arrives (Photo: PTI) 3 min read Last Updated : Oct 07 2024 | 4:39 PM IST The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) began its three-day deliberations on Monday. Led by RBI Governor Shaktikanta Das, the committee is expected to decide…
Source: Business Standard The central bank last hiked the repo rate to 6.5 per cent in February 2023 and since then, it has held the rate at the same leve (Photo: Shutterstock) 5 min read Last Updated : Oct 06 2024 | 1:54 PM IST The Reserve Bank is unlikely to cut the benchmark…
Source: Business Standard Shaktikanta Das, RBI Governor | (Photo: Shutterstock) 3 min read Last Updated : Sep 24 2024 | 10:46 PM IST Strengthening core fundamentals is the best defence against global uncertainties, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Tuesday amid heightened tension in West Asia. Das said that…
