Search For "monetary"
Inflation risks high but US economy won’t enter into recession: Federal Re
Updated : 2 years, 7 months ago IST
The US economy is unlikely to enter into a recession in 2023, minutes of the Federal Reserve’s July monetary policy review meeting showed, and noted that spending and real activities had improved after the banking crisis experienced earlier this year.
Read More
Himachal rain fury: Death toll increases to 71, losses worth Rs 7500 crore
Updated : 2 years, 7 months ago IST
While speaking to ANI, Onkar Chand Sharma, Principal Secretary, Disaster Management, said that due to the incessant rainfall from August 13-15, a total of 71 people have died and that so far, a monetary loss of around Rs 7,500 crore has been reported in this year's monsoon season. Read More
RBI raises transaction limit for offline UPI Lite payments from Rs 200 to
Updated : 2 years, 7 months ago IST
As part of its continuous bid to deepen the reach and use of digital payments in the country, the Reserve Bank of India on Thursday proposed to enhance the per transaction limit for UPI Lite digital payments in off-line mode from Rs 200 to Rs 500.
Read More
RBI proposes to introduce UPI payments through AI conversations
Updated : 2 years, 7 months ago IST
RBI Governor Shaktikanta Das, as part of its post monetary policy meeting remarks earlier today, said it will enable users to engage in conversation with AI-powered systems to make payments.
Read More
RBI maintains repo rate but raises inflation forecast; experts have this t
Updated : 2 years, 7 months ago IST
The Reserve Bank of India in its three-day monetary policy committee meeting unanimously decided to keep the repo rate unchanged at 6.5 per cent – for the third time in a row, something most financial market experts had expected.
Read More
RBI revises inflation outlook for 2023-24, sees "substantial increase" in
Updated : 2 years, 7 months ago IST
The Reserve Bank of India has upwardly revised the country’s retail inflation projections for 2023-24 at 5.4 per cent, against 5.1 per cent it projected in its previous monetary policy meeting in June.
Read More
RBI keeps repo rate unchanged in third straight policy meet
Updated : 2 years, 7 months ago IST
The Reserve Bank of India in its three-day monetary policy committee meeting unanimously decided to keep the repo rate unchanged at 6.5 per cent, something most financial markets had expected.
Read More
IMF seeks explanation from Pakistan govt for not imposing tax on big shops
Updated : 2 years, 7 months ago IST
The International Monetary Fund (IMF) has sought an explanation from the Pakistan government for not imposing a tax on big shops measuring 1,000 square feet, ARY News reported.
Read More
RBI Governor to announce Monetary Policy decision today
Updated : 2 years, 7 months ago IST
RBI Governor Shaktikanta Das is scheduled to make the official announcement of the MPC's decision on Thursday, August 10, at 10:00 am.
Read More
RBI monetary policy: Morgan Stanley expects status quo in interest rates
Updated : 2 years, 7 months ago IST
In its previous meeting in early June, the central bank’s monetary policy committee unanimously decided to keep the repo rate unchanged at 6.5 per cent, something most analysts had expected. The RBI in its April meeting too had paused the repo rate.
Read More
Pakistan: Risks attached to IMF increases if caretaker setup extended
Updated : 2 years, 7 months ago IST
The risks attached to the International Monetary Fund's billion Standby Arrangement (SBA) program will increase as the tenure of caretaker can be extended after the approval of the digital census.
Read More
RBI monetary policy: SBI Research expects another pause in interest rates
Updated : 2 years, 7 months ago IST
SBI Research expects the Reserve Bank of India to again put a pause on the key policy rates as the central bank’s third monetary policy committee meeting is currently underway. The outcome of the review meeting will be announced on Thursday morning.
Read More