Search For "monetary policy"
RBI hikes repo rate for third time: Here's what experts have to say
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 5 (ANI): The monetary policy committee of the Reserve Bank of India (RBI) has 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-pandemic level
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RBI keeps inflation projection for 2022-23 unchanged at 6.7 per cent
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 5 (ANI): The Reserve Bank of India on Friday decided to keep inflation projection for the current financial year unchanged at 6.7 per cent and said that the retail inflation would remain above the upper tolerance level of 6 per cent through the first thre
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Rupee depreciation more because of US dollar strength than weakness in fun
Updated : 3 years, 7 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
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RBI Monetary Policy: Latest hike takes repo rate above pre-pandemic levels
Updated : 3 years, 7 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
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RBI raises repo rate by 50 bps to cool inflation, 3rd hike in row
Updated : 3 years, 7 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.
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Indian stocks largely steady, RBI's policy outcome in focus
Updated : 3 years, 7 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.
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RBI set to hike policy rates for the third time in a row to tame inflation
Updated : 3 years, 7 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.
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RBI's monetary policy review underway; here's what analysts see as possibl
Updated : 3 years, 7 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.
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Indian stocks decline marginally after 5 straight day of gains
Updated : 3 years, 7 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.
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Russian central bank predicts return of Russian Economy to growth in mid-2
Updated : 3 years, 7 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.
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Further interest rate hike by RBI may dent real estate demand
Updated : 3 years, 7 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.
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RBI may raise repo rate by 35 basis points in upcoming policy meet: Report
Updated : 3 years, 7 months ago IST
New Delhi [India], July 29 (ANI): In line with the global trend of monetary policy tightening to cool off inflation, the Reserve Bank of India (RBI) in its upcoming monetary policy meeting is expected to hike the repo rate by 35 basis points, said global information service provider S&P
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