Search For "monet"
Rupee depreciation more because of US dollar strength than weakness in fun
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], August 5 (ANI): The depreciation of the Indian rupee is more on account of the appreciation of the US dollar rather than weakness in macroeconomic fundamentals of the Indian economy as the domestic currency is faring much better than several other currencies, Re
Read More
RBI Monetary Policy: Latest hike takes repo rate above pre-pandemic levels
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], August 5 (ANI): The monetary policy committee of the Reserve Bank of India has unanimously decided to raise the repo rate by 50 basis points to 5.40 per cent in order to contain the persistently high inflation. Today's hike takes the repo rate above pre-pande
Read More
RBI raises repo rate by 50 bps to cool inflation, 3rd hike in row
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], August 5 (ANI): The monetary policy committee of the Reserve Bank of India has raised the repo rate by 50 basis points to 5.40 per cent in order to contain the persistently high inflation.
Read More
Indian stocks largely steady, RBI's policy outcome in focus
Updated : 3 years, 10 months ago IST
New Delhi [India], August 5 (ANI): Indian stocks traded largely steady this morning ahead of the Monetary Policy statement of the Reserve Bank of India Governor Shaktikanta Das scheduled at 10 a.m., where he will announce the outcomes of the latest monetary policy review meeting.
Read More
RBI set to hike policy rates for the third time in a row to tame inflation
Updated : 3 years, 10 months ago IST
New Delhi [India], August 4 (ANI): The Reserve Bank of India is likely to hike the policy repo rate by 25 to 50 basis points on Friday, the third hike since the beginning of the current financial year, in order to tame the inflationary pressure.
Read More
RBI's monetary policy review underway; here's what analysts see as possibl
Updated : 3 years, 10 months ago IST
New Delhi [India], August 4 (ANI): The three-day Reserve Bank of India's monetary policy committee meeting commenced on Wednesday and it is highly likely the six-member panel will go for another interest rate hike to curb rising domestic inflation.
Read More
Assurance from friendly countries needed for IMF-Pakistan loan deal
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], August 3 (ANI): Amid dwindling foreign reserves, the International Monetary Fund (IMF) on Tuesday announced the approval of USD 1.2 billion in loans on the condition that Pakistan should timely secure adequate assurances from friendly countries in order to tackle the wi
Read More
Indian stocks decline marginally after 5 straight day of gains
Updated : 3 years, 10 months ago IST
New Delhi [India], August 3 (ANI): Snapping five straight days of gains, Indian stock indices declined marginally this morning ahead of the Reserve Bank of India's monetary policy meeting.
Read More
Russian central bank predicts return of Russian Economy to growth in mid-2
Updated : 3 years, 10 months ago IST
Moscow [Russia], August 1 (ANI/Sputnik): The Russian economy will shrink year-on-year until mid-2023, and from the middle of next year and in 2024 it will grow at a recovery pace, according to the central bank's report on monetary policy.
Read More
Pak Army chief Bajwa approaches US to secure IMF loan amid dwindling forei
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], August 1 (ANI): Amid the worsening crisis due to shrinking foreign reserves, Pakistan army chief General Qamar Javed Bajwa has approached the US for help in securing an early disbursement of funds from the International Monetary Fund (IMF) to prevent the south Asian cou
Read More
PKR 30 bn taxes to be imposed to save Pakistan State Oil from default: Rep
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], August 1 (ANI): Pakistan has decided to impose additional taxes totalling Pakistan Rs (PKR) 30 billion as it struggles to arrange PRK 100bn in emergency funds to prevent an international default on oil and gas payments and sustain its staff-level agreement with the Inte
Read More
Further interest rate hike by RBI may dent real estate demand
Updated : 3 years, 10 months ago IST
New Delhi (India) July 31 (ANI): The Reserve Bank of India's upcoming monetary policy committee announcement and guidance is expected to be a decisive event for the interest rate-sensitive Indian real estate sector.
Read More