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Men watch stock news on a display screen as Sensex opens. File. | Photo Credit: ANI Benchmark equity indices jumped in late morning trade on June 7, extending their rally to the third straight session, after the RBI decided to keep the policy rate unchanged for the eighth time in a row, in line with…
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RBI Governor Shaktikanta Das on June 7, 2024, said the Monetary Policy Committee has decided to keep the repo rate unchanged at 6.5%. File | Photo Credit: ANI The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 6.5%. The decision, taken at the…
Read More “RBI MPC Meeting: Repo rate unchanged at 6.5% for 8th time in a row” »
Governor Das, announcing the Monetary Policy decision, said that CPI inflation for FY25 has been projected at 4.5%. The Committee has maintained its figures from February. Back in February, CPI inflation was projected at 5.4 per cent for 2023-24 with Q4 at 5.0 per cent. Food inflation pressures accentuated in February; MPC remains vigilant towards…
The FIR filed by the Delhi Police cites tax evasion cases being faced by companies such as Xiaomi and Vivo in India. File | Photo Credit: Reuters FIR links NewsClick case to legal aid for Chinese companies The Delhi police have levelled a wide range of charges in their First Information Report (FIR) against NewsClick founder Prabir Purkayastha, American…
The Monetary Policy Committee (MPC) of the Reserve Bank of India on August 10 decided unanimously to keep the policy repo rate unchanged at 6.50%. | Photo Credit: The Hindu The Monetary Policy Committee (MPC) of the Reserve Bank of India on August 10 decided unanimously to keep the policy repo rate unchanged at 6.50%. Announcing the bi-monthly monetary…
Read More “RBI’s MPC keeps policy rate unchanged; real GDP growth for FY24 projected at 6.5%” »
The Monetary Policy Committee has unanimously decided to keep the policy repo rate unchanged, RBI Governor Shaktikanta Das said in Mumbai on August 10, 2023. | Photo Credit: Emmanual Yogini The Monetary Policy Committee (MPC) of the Reserve Bank of India on August 10 decided unanimously to keep the policy repo rate unchanged at 6.50%. Consequently,…
