Search For "monetary policy"
IMF reflects on 2023 economic trends: Climate change, trade and reserve as
Updated : 2 years, 2 months ago IST
IMF Posted on social media X, "2023 brought unprecedented challenges and tested the resilience of the global economy. From climate change to trade and reserve asset patterns, we look back on 2023 and learn more about key economic trends from last year. https://bit.ly/3RPwixA"
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Outlook 2024: Defying challenges, Indian real estate scales new heights; s
Updated : 2 years, 2 months ago IST
The Indian real estate sector continued to scale new highs in 2023, defying the tightened monetary policy stance of the Reserve Bank of India (RBI), and also at a time when its counterpart in neighbouring China is in crisis.
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Uncertainties in food prices to push inflation higher in November-December
Updated : 2 years, 2 months ago IST
Uncertainties in food prices along with unfavourable base effects are likely to lead to a pick-up in retail inflation in November and December, the monetary policy committee of the Reserve Bank of India observed in their latest review meeting.
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UPI transaction limit to hospitals, education institutes raised to Rs 5 la
Updated : 2 years, 3 months ago IST
The limit for UPI transactions to hospitals and educational institutions has been raised by the Reserve Bank of India (RBI), from Rs 1 lakh to Rs 5 lakh per transaction.
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RBI raises India's 2023-24 GDP growth projections after firm Q2 figures; i
Updated : 2 years, 3 months ago IST
This upward revision comes on the heels of India reporting more-than-expected July-September quarter growth.
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RBI maintains status quo in policy rate for 5th time now
Updated : 2 years, 3 months ago IST
The monetary policy committee of the Reserve Bank of India (RBI) in its December review meeting unanimously decided to keep the policy repo rate unchanged at 6.5 per cent, thus maintaining status quo for the fifth straight occasions.
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RBI to announce monetary policy today, another pause in repo rate most lik
Updated : 2 years, 3 months ago IST
Financial market participants in India will closely monitor the outcome and the policy stance of the central bank, the Reserve Bank of India (RBI), to be announced at 10 am Friday (today), for fresh cues. As things stand, the monetary policy committee is most likely to maintain status quo
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Further monetary policy rate hike hinges on incoming data: US Fed minutes
Updated : 2 years, 3 months ago IST
Monetary policy committee participants in the US were of the view that further tightening of monetary policy would be appropriate if incoming information indicated that progress toward the US Federal Reserve's inflation objective was "insufficient", the minutes of the latest review meeting r
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Indian stocks in green Tuesday; US Fed minutes eyed for fresh cues
Updated : 2 years, 3 months ago IST
Indian stock benchmarks kicked off Tuesday's trade in the green after a lull in the previous session, largely tracking firm overnight gains in the US markets.
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Indian stocks start fresh week on a steady note
Updated : 2 years, 3 months ago IST
Indian stock indices started fresh week largely on a steady note, with weak cues from global benchmark US markets coupled with uncertainty over monetary policy rates in the US.
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"India has become new engine of global growth with young demography" says
Updated : 2 years, 4 months ago IST
Das said, "The global economy continues to face multiple macroeconomic and geopolitical shocks. The prediction of a global recession has not come true but there are indications that global growth is slowing down amid tightening financial conditions and still elevated inflation. Even as the f
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Expect further interest rate hike needed to bring inflation down: Fed Gove
Updated : 2 years, 4 months ago IST
Federal Reserve Governor Michelle Bowman reiterated her view that she expected the central bank will need to increase the interest funds rate further to bring inflation down to its 2 per cent target.
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