Search For "monetary policy"
Sensex slumps for second straight day; closes 498 points down
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 26 (ANI): The Indian stock markets' key indices slumped by around one per cent on Tuesday dragged by heavy selling pressure in IT and banking stocks ahead of the first quarter earnings report by several large-cap companies and announcement of the US Federal
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US Fed's policy meet to be in focus this week: S&P Global Market Intel
Updated : 3 years, 7 months ago IST
New Delhi [India], July 25 (ANI): The US Fed's upcoming monetary policy meeting is set to dominate headlines this week with a 75-100-basis points interest rate hike likely. Inflation approaching double-digits has prompted the US central bank to take a tougher stance.
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RBI reschedules August meeting of Monetary Policy Committee
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 21 (ANI): The Reserve Bank of India (RBI) on Thursday announced a change in the date of the upcoming meeting of the Monetary Policy Committee, which will take the decisions on policy rates.
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No excessive money supply in the system that could stoke runaway inflation
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 16 (ANI): The Reserve Bank of India's monetary policy has been "very adroitly balanced" and it ensured that there is no excessive money supply in the system that could stoke runaway inflation, HDFC Bank Chairman Atanu Chakraborty said on Saturday.
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Growth outlook for H1FY23 robust despite monetary policy tightening: CII p
Updated : 3 years, 8 months ago IST
New Delhi [India] July 11 (ANI): A recent poll conducted by the industry body Confederation of Indian Industry (CII) revealed that despite the sharp increase in inflation and heightened inflation, expectations and concerns around monetary policy tightening, the overall growth outlook for
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Inflation may ease gradually in second half of 2022-23, says RBI Governor
Updated : 3 years, 8 months ago IST
New Delhi [India], July 9 (ANI): Inflation, which has been above the central bank's tolerance limit since the beginning of 2022, is likely to ease gradually in the second half of the current financial year, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Saturday.
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RBI Governor says inflation expected to ease in second half of 2022-23
Updated : 3 years, 8 months ago IST
New Delhi [India], July (ANI): India's inflation is expected to ease gradually in the second half of the current financial year 2022-23, "precluding the chances of a hard landing" monetary policy actions, said the Reserve Bank of India Governor, Shaktikanta Das.
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What is Monetary Policy Committee, and what is its function?
Updated : 3 years, 8 months ago IST
New Delhi [India], July 5 (ANI): The MPC, or the Monetary Policy Committee under the Reserve Bank of India is a six-member body that is mandated to determine the policy interest rates required to achieve the inflation target, while keeping in mind the objective of economic growth.
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Rating agency ICRA sees India's policy rate hike shallower than US
Updated : 3 years, 8 months ago IST
New Delhi [India], June 27 (ANI) Given the uneven domestic economic recovery, and a relatively larger output gap compared to pre-Covid levels, as well as higher inflation tolerance levels, rating agency ICRA expects India's policy rate hike cycle to be shallower vis-a-vis the US Fed.
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Gold trading in narrow range on high inflation, rising interest rates: Rep
Updated : 3 years, 8 months ago IST
New Delhi [India], June 23 (ANI): Gold prices are expected to trade in a narrow range until some clarity arises in the key interest rates and other monetary policy measures in the US, said financial services firm Emkay Wealth Management in a report.
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RBI hiked rates to prevent inflation from corroding economic recovery, MPC
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], June 22 (ANI): The Reserve Bank of India (RBI) Monetary Policy Committee decided to hike the policy repo rate by 50 basis points earlier this month in order to prevent inflation from corroding economic recovery, as per the minutes of the MPC meeting released on
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Global crude oil prices decline on fears of recession, weak demand outlook
Updated : 3 years, 8 months ago IST
New Delhi [India], June 21 (ANI): International crude oil prices have come off their recent highs and declined on fears of the possibility of a recession in the global economy following aggressive monetary policy tightening by central banks and the likelihood of weak demand outlook for th
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