Search For "monetary"
IMF raises India's growth forecast second time citing strong consumption
Updated : 2 years, 5 months ago IST
According to the multilateral agency's latest World Economic Outlook report, released Tuesday, the growth is expected to grow by 6.3 per cent this fiscal year, 20 basis points (100 basis points is equal to 1 percentage point) higher than what it had estimated in its previous report.
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RBI increases monetary ceiling of gold loans from Rs 2 lakh-4 lakh for UCB
Updated : 2 years, 5 months ago IST
The move is part of various initiatives taken under the leadership of Prime Minister Narendra Modi and the guidance of the Union Home Minister Amit Shah and Minister of Cooperation to strengthen cooperatives and treat them at par with other forms of economic entities, both as beneficiaries a
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RBI Maintains Repo Rate, Ensuring Stable EMIs
Updated : 2 years, 5 months ago IST
New Delhi [India], October 9: As anticipated, Shaktikanta Das, the Governor of the Reserve Bank of India (RBI), announced on Friday that the Monetary Policy Committee (MPC) has unanimously chosen to keep the repo rate steady at 6.50 per cent.
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UAE participates in World Bank and IMF meetings in Marrakech
Updated : 2 years, 5 months ago IST
The United Arab Emirates, represented by the Ministry of Finance, announced its participation in the Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) taking place in Marrakech, Kingdom of Morocco, from October 9 to 15, 2023.
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Nirmala Sitharaman holds virtual meet with Spanish Vice President, discuss
Updated : 2 years, 5 months ago IST
Union Finance Minister Nirmala Sitharman held a virtual meeting with Spanish Vice President Nadia Calvino and International Monetary and Financial Committee (IMFC) Chair on Friday to discuss the issues pertaining to the International Monetary Fund.
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Policy rate status quo but inflation outlook clouded by uncertainties
Updated : 2 years, 5 months ago IST
As expected, the monetary policy committee of the Reserve Bank of India (RBI) in its October review meeting decided to keep the policy repo rate unchanged at 6.5 per cent, maintaining status quo for the fourth straight occasion. The repo rate is the rate of interest at which the RBI lends to
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Inflation concerns serious, masks true hardships of people: Jairam Ramesh
Updated : 2 years, 5 months ago IST
Soon after the Reserve Bank of India (RBI) in its latest monetary policy review meeting flagged concerns about high inflation as the headline inflation numbers are above the central bank's upper tolerance limit of 6 per cent, Congress has said it "masks the true hardships" faced by people, p
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Mumbai building fire: CM Shinde condoles deaths; announces Rs 5 lakh assis
Updated : 2 years, 5 months ago IST
Maharashtra Chief Minister Eknath Shinde expressed grief over the loss of lives in the fire at a building in Goregaon, Mumbai saying that the government will provide monetary help of Rs 5 lakhs to their families.
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RBI keeps overall 2023-24 growth and inflation forecast unchanged
Updated : 2 years, 5 months ago IST
The monetary policy committee of the Reserve Bank of India (RBI) in its October review meeting kept overall 2023-24 growth and inflation unchanged from their earlier estimates, even as the central bank flagged concerns about high inflation.
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RBI maintains status quo in policy rate, flags inflation concern
Updated : 2 years, 5 months ago IST
The monetary policy committee of the Reserve Bank of India (RBI) in its October review meeting unanimously decided to keep the policy repo rate unchanged at 6.5 per cent, thus maintaining status quo for the fourth straight occasions.
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Indian stocks in green ahead of RBI monetary policy outcome
Updated : 2 years, 5 months ago IST
Indian stock indices extended gains from the previous session, with financial market participants closely monitoring the outcome and the policy stance of the central bank RBI to be announced at 10 am today, for fresh cues.
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RBI to release monetary policy statement on Friday, pause in repo rate lik
Updated : 2 years, 5 months ago IST
he Reserve Bank of India (RBI) will on Friday announce its bimonthly monetary policy statement which is closely watched by financial market participants
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