Search For "monetary policy committee"
US Federal Reserves raises interest rate, highest in 22 years
Updated : 2 years, 7 months ago IST
The United States Federal Reserves, on Wednesday (local time) raised its benchmark interest rate by 25 basis points, the highest since 2001.
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RBI's decision to keep repo rate unchanged on expected lines: SBI chief Kh
Updated : 2 years, 9 months ago IST
"The RBI decision to pause was largely on expected lines. The communication was nuanced and tailored to anchor market expectations for the future in terms of a durable glide path of inflation. The bouquet of policy changes on the development front covers a wide spectrum and prioritizes re
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RBI keeps policy repo rate unchanged as inflation softens
Updated : 2 years, 9 months ago IST
The Reserve Bank of India's monetary policy committee unanimously decided to keep the repo rate unchanged at 6.5 per cent.
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RBI may again pause repo rate at this week's policy meet: SBI Research
Updated : 2 years, 9 months ago IST
A monetary policy committee headed by RBI governor Shaktikanta Das will hold a three-day-long meeting with its decision be announced on June 8 (Thursday).
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India poised to grow at 6.2 pc in 2023-24: Morgan Stanley
Updated : 2 years, 10 months ago IST
In the three-day deliberations of the Monetary Policy Committee of the Reserve Bank of India in early April, Governor Shaktikanta Das said the central bank has projected India's real GDP growth for 2023-24 at 6.5 per cent
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Bank of England raises interest rate by 25 bps to 4.5 pc
Updated : 2 years, 10 months ago IST
Bank of England's monetary policy committee hiked key interest rates by 25 basis points (100 basis points is equal to one percentage point) to 4.5 per cent, the highest in over a decade or so.
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US Fed's interest rate hike continues in fight against inflation, raises b
Updated : 2 years, 10 months ago IST
The US monetary policy committee, seeking to achieve inflation at the rate of 2 per cent over the longer run, hiked the key interest rate by another 25 basis points to 5.0-5.25 per cent at its latest two-day review meet held during May 2-3.
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Pakistan raises benchmark interest rate to 21 pc
Updated : 2 years, 11 months ago IST
On Wednesday, the State Bank of Pakistan's Monetary Policy Committee increased the benchmark interest rate by 100 basis points, to 21 per cent.
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RBI surprise helps key equity indices extend gains for fifth day
Updated : 2 years, 11 months ago IST
BSE Sensex went up 143 points to settle at 59,832.97 while NSE Nifty surged 42 points to end at 17,599.15 on Thursday.
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Headline inflation moderating but remains above targets of central banks:
Updated : 2 years, 11 months ago IST
He said the banking and non-banking financial service sectors in India remained healthy and financial markets evolved in an orderly manner
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RBI projects real GDP growth for 2023-24 at 6.5 pc
Updated : 2 years, 11 months ago IST
During his speech on Thursday, the governor said that RBI projected GDP growth in FY24's first quarter (Q1) at 7.8 per cent; the second quarter (Q2) at 6.2 per cent; the third quarter (Q3) at 6.1 per cent; and the fourth quarter (Q4) at 5.9 per cent.
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RBI decides to keep repo rate unchanged at 6.5 pc
Updated : 2 years, 11 months ago IST
Five out of six members of MPC voted to remain focused on withdrawal of accommodation to ensure inflation aligns with target while focusing on growth, RBI Governor Shaktikanta Das said on Thursday. The Monetary Policy Committee of the central bank decided to take a pause after a rate hike
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