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Reserve Bank of India (RBI) Governor Sanjay Malhotra and MPC members at a press conference on its Monetary Policy announcement and repo rate hike from 5.25% to 5.50%, in Mumbai. | Photo Credit: ANI The decision of the Reserve Bank of India’s Monetary Policy Committee to hike interest rates was seeming increasingly inevitable in the…
Reserve Bank of India (RBI) Governor Shaktikanta Das delivers the Monetary Policy statement, Friday, Dec. 6, 2024. | Photo Credit: PTI The Reserve Bank of India raised India’s Consumer Price Inflation outlook for 2024-25 to 4.8% from 4.5%, with Q3 at 5.7% and Q4 at 4.5%. Going into FY 2025-26, the RBI projected Q1 inflation…
Shaktikanta Das, Governor, Reserve Bank of India. File. | Photo Credit: Thulasi Kakkat The Reserve Bank of India’s Monetary Policy Committee (MPC) on Friday (December 6, 2024) decided to keep the policy repo rate unchanged at 6.50% for the 11th consecutive time. The last time the MPC had increased rates to 6.5% was in February…
The decision taken at the RBI Governor Shaktikanta Das headed six-member Monetary Policy Committee will be announced on Friday (December 6, 2024) | Photo Credit: Reuters Reserve Bank’s high level panel on Wednesday (December 4, 2024) started deliberations on the bi-monthly monetary policy amid expectations of status quo on interest rate as the retail inflation…
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Image used for representative purpose only. | Photo Credit: Reuters The rupee witnessed range-bound trading in initial deals against the U.S. dollar on Thursday (August 8, 2024), ahead of the Reserve Bank of India’s monetary policy outcome. Market participants are awaiting cues from the central bank’s observation of recent events and its observations on food…
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