Search For "monetary policy"
RBI announces digital payments intelligence platform to check online fraud
Updated : 1 year, 9 months ago IST
This platform, leveraging advanced technologies, aims to mitigate payment fraud risks and enhance the safety of digital transactions.
Read More
RBI revises GDP growth for FY25 to 7.2 pc, inflation target remains at 4.5
Updated : 1 year, 9 months ago IST
The RBI has revised the GDP forecast for the current FY 24-25 to 7.2 per cent from 7 per cent earlier, and the CPI inflation is projected at 4.5 per cent.
Read More
RBI enhances contingent reserve buffer to 6.5 pc amid positive economic ou
Updated : 1 year, 9 months ago IST
Governor Das addressed by referencing the provisional estimates released by the National Statistical Office (NSO), which placed India's real gross domestic product (GDP) growth at an impressive 8.2 per cent for the fiscal year 2023-24.
Read More
RBI Governor Shaktikanta Das unveils monetary policy: Repo rate unchanged
Updated : 1 year, 9 months ago IST
The RBI's Monetary Policy Committee (MPC) maintained the status quo on the Repo Rate, keeping it unchanged at 6.5 per cent. The decision comes amidst a backdrop of economic uncertainties both domestically and globally.
Read More
RBI Governor Shaktikanta Das to announce monetary policy amid inflation co
Updated : 1 year, 9 months ago IST
The Monetary Policy Committee (MPC), chaired by Governor Das, has been convening in Mumbai this week to deliberate on key policy decisions amidst a challenging economic landscape.
Read More
European Central Bank cuts key interest rates, first since 2019
Updated : 1 year, 9 months ago IST
The European Central Bank (ECB) cut the key interest rates for the first time in five years on Thursday. It reduced three key policy rates by 25 basis points (100 basis points is equal to 1 percentage point).
Read More
RBI MPC meets amid concerns of inflation, rate cut unlikely say economists
Updated : 1 year, 9 months ago IST
The Reserve Bank of India (RBI) is unlikely to reduce the benchmark interest rate in its upcoming monetary policy review meeting. The meeting, chaired by Reserve Bank Governor Shaktikanta Das, is underway in Mumbai
Read More
Monsoon holds key for RBI's future monetary policy actions
Updated : 1 year, 10 months ago IST
As parts of India witness heatwaves this summer, chances of Reserve Bank of India (RBI) cutting key interest rates in have also diminished.
Read More
US Fed says further interest rate hike unlikely going ahead
Updated : 1 year, 10 months ago IST
US Federal Reserve Chair Jerome Powell said a further interest rate hike from here is unlikely and the central bank is currently focused on its restrictive monetary policy stance.
Read More
US Fed vows to hold policy rate "as long as appropriate" to bring inflatio
Updated : 1 year, 10 months ago IST
US Federal Reserve Chair Jerome Powell said it was prepared to maintain the current interest rate for "as long as appropriate" so as to align the inflation rate with its 2 per cent target.
Read More
Inflation worries continue for US Fed, no policy rate cut for sixth time
Updated : 1 year, 10 months ago IST
The US Federal Reserve, in its latest monetary policy meeting, voted to leave the key interest rate unchanged at 5.25-5.50 per cent, keeping the policy rate unchanged for the sixth straight time on the trot.
Read More
Stock market shut for Maharashtra Day
Updated : 1 year, 10 months ago IST
The next market holiday is on May 20 for General Elections.
Read More