Search For "central bank"
India, Mauritius move closer to implementing trade in local currencies as
Updated : 5 months, 1 week ago IST
India and Mauritius have reached an understanding on conducting trade in local currencies, with discussions now taking place between the central banks of both countries, said MEA foreign secretary Vikram Misri during a special briefing on Thursday.
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South Korea's economy grows 0.7% in Q2 on stronger exports, consumption
Updated : 5 months, 1 week ago IST
South Korea's economy has shown signs of recovery, with a 0.7 per cent growth in the second quarter of 2025, slightly surpassing the Bank of Korea's earlier estimate of 0.6 per cent, "thanks to stronger consumption and exports", Maeil Business Newspaper reported, citing the country's central
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Gold Nearing Record Highs: Why Its Shine Remains Undimmed
Updated : 5 months, 1 week ago IST
Kolkata (West Bengal) [India], September 1: Gold has once again captured headlines by nearing its all-time high, and to many, this may feel like a sudden surge. To me, it was always a question of when, not if. Given the current geopolitical scenario--marked by rising tensions across regions,
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RBI says flexible inflation targeting framework served India well amid glo
Updated : 6 months, 3 weeks ago IST
The Reserve Bank of India (RBI) has said that the flexible inflation targeting (FIT) framework has worked well since its introduction and has served the needs of the country even during difficult times.
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Nifty may swing between -11% to +4% around 25,000 amid macro uncertainty:
Updated : 7 months ago IST
Nifty of National Stock Exchange (NSE) will swing between -11 per cent and +4 per cent from its year-end target of 25,000, as markets navigate a range of evolving macro risks including potential trade tariffs, shifts in the US economic outlook, and central bank policy actions by the Fed and
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5.5% terminal rate to remain for some time, rate cuts unlikely soon: Repor
Updated : 7 months, 1 week ago IST
The Reserve Bank of India (RBI) is likely to keep the terminal rate at 5.5 per cent for some time in the near-term, asserted Bank of Baroda Economist Jahnavi Prabhakar, citing the central bank's guidance that future actions will be data dependent and on basis of ongoing development on extern
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Expect pause in next policy meeting, RBI already frontloaded rate cuts: Ca
Updated : 7 months, 1 week ago IST
The RBI has already frontloaded the rate cuts, anticipating the moderation in inflation, and it is unlikely the central bank would go for further rate cuts unless economic growth concerns aggravate, CareEdge said in a pre-monetary policy review meeting.
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Reserve Bank focuses more on outlook than current data for monetary policy
Updated : 7 months, 1 week ago IST
RBI Governor, Sanjay Malhotra in his address at the Financial Express BFSI Summit highlighted that the central bank's monetary policies are forward-looking and the Monetary Policy Committee of India (MPC) will focus more on outlook than current data.
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Weak urban demand, global uncertainty open door for policy rate cut: Repor
Updated : 7 months, 4 weeks ago IST
Soft urban consumption and an uncertain external demand environment have created scope for the Reserve Bank of India (RBI) to ease policy rates, a report by ICICI Bank said, as the central bank navigates a data-dependent approach amid a neutral stance.
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UAE participates in 3rd G20 Finance Ministers and Central Bank Governors m
Updated : 8 months ago IST
The UAE, represented by the Ministry of Finance and the Central Bank of the UAE, is participating in the 3rd meeting of G20 Finance Ministers and Central Bank Governors (FMCBG), held under the presidency of South Africa for the year 2025.
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NPCI, Namibian Central Bank enter licensing agreement to develop a UPI-lik
Updated : 8 months, 1 week ago IST
During the press conference on Prime Minister Narendra Modi's visit, Dammu Ravi, Secretary (East) noted that Namibia has become the first country in the world where the National Payment Corporation of India (NPCI) and the Namibian Central Bank have entered into a licencing agreement for t
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Nirmala Sitharaman highlights India's strong economic resilience at BRICS
Updated : 8 months, 1 week ago IST
Speaking at the BRICS Finance Minister and Central Bank Governors meeting, Finance Minister Nirmala Sitharaman highlighted India's demonstrated resilience through a combination of strong domestic demand, prudent macroeconomic management, and targeted fiscal measures.
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