Reserve Bank of India has been forthright about its views on cryptocurrency and its Governor Shaktikanta Das said earlier this month that cryptocurrencies should be "prohibited" and that if they are allowed to grow "next financial crisis" will come from private cryptocurrencies.
Monetary policy tightening by various central banks to contain inflation, the war in Ukraine leading to price rise for crude oil and subsequent realignment in the global energy supply chain, and strengthening of the US dollar index kept the Indian currency under pressure in 2022.
Some of the major concerns facing the equity markets are tightening monetary policy by various central banks to contain inflation, recessionary fears and high stock valuations.
Monetary policy tightening by various central banks to contain inflation, the war in Ukraine leading to price rise for crude oil and subsequent realignment in the global energy supply chain, and strengthening of the US Dollar index kept the Indian currency under pressure.
The BOJ said the yield on the 10-year Japanese government bond could rise as high as 50 bps from a previous cap of 25 bps. The central bank has set a target range around zero for the benchmark government bond yield since 2016 and used that as a tool to keep overall market interest rates low,
S&P BSE Sensex gained 40 points to 61,378.29 whereas NSE Nifty 50 surged 19.75 to 18,288.75 level at 9.30 am on Monday. Some of the gainers on BSE were Dalmia Sugars, Bajaj Hind, Renuka Sugars and Dwarikesh Sugar. During the morning trade, laggards were Lemon Tree, PNC Infra, Affle and E
The Reserve Bank of India has suggested that fintech solutions firm Razorpay temporarily pause onboarding fresh merchants and the central bank has asked it to share additional details for the finalization of the payment aggregator and payment gateway licensing.
The IMF official had participated in the deliberations at the First G20 Finance and Central Bank Deputies Meet in Bengaluru and she had tweeted a video clip on a social media website, explaining these areas.
The Monetary Policy Committee (MPC) of United Kingdom's central bank sets monetary policy to meet the 2 per cent inflation target, and in a way that helps to sustain growth and employment, according to a statement available on bankofengland.co.uk.