Search For "monetary"
Experts expect status quo in interest rates from ongoing RBI monetary poli
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.
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TerraPay receives In-Principle approval for an MPI License from the Moneta
Updated : 2 years, 7 months ago IST
Singapore, August 8: TerraPay, a leading global payments infrastructure company, has secured an In-Principle Approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), marking a significant step towards being a payments company with the most regula
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More interest rate hike "likely be needed" to lower inflation: Fed Governo
Updated : 2 years, 7 months ago IST
US Federal Reserve Governor Michelle W Bowman has said an additional interest rate increase will likely be needed to get inflation on a path down to its 2 per cent target.
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Pakistan govt imposed PKR 215 billion additional taxes in budget under IMF
Updated : 2 years, 7 months ago IST
The Pakistan government had to impose additional taxes of 215 billion Pakistani Rupees (PKR) and slash expenditures by 85 billion PKR in order to strike an agreement with the International Monetary Fund (IMF), The News International reported on Saturday.
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Authorisation of INR as designated currency does not make it a legal tende
Updated : 2 years, 7 months ago IST
The Central Bank of Sri Lanka (CBSL) has clarified certain misrepresentations of facts currently circulating in the public domain on Indian Rupee (INR).
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'Continued threats to Pakistan’s financial sustainability despite IMF deal
Updated : 2 years, 7 months ago IST
Pakistan last week signed a USD 3 billion loan programme with the IMF, following the revival of the USD 7 billion programme that was officially ending prematurely the same day.
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“This is admirable…will continue to grow further”: NK Singh on IMF’s India
Updated : 2 years, 7 months ago IST
While lauding the International Monetary Fund’s (IMF’s) economic prediction for India from this year, NK Singh, Chairman of 15th Finance Commission of India has said that the projection will “continue to grow further.”
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Necessary Measures for India's Economic Competition with China
Updated : 2 years, 7 months ago IST
New Delhi [India], July 27: In a parallel reminiscent of China's economic rise in 2007, the Indian economy has recently crossed the $3.5 trillion mark, according to Moody's. Projections from the International Monetary Fund (IMF) suggest that India's economy will surpass $3.7 trillion this ye
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UAE: Central Bank raises base rate by 25 basis points
Updated : 2 years, 7 months ago IST
The Central Bank of the UAE (CBUAE) has decided to raise the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points – from 5.15 to 5.40 per cent, effective from Thursday, 27th July 2023.
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US Federal Reserves raises interest rate, highest in 22 years
Updated : 2 years, 7 months ago IST
The United States Federal Reserves, on Wednesday (local time) raised its benchmark interest rate by 25 basis points, the highest since 2001.
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IMF upgrades its economic forecast for India, China’s post-pandemic recove
Updated : 2 years, 7 months ago IST
According to the IMF, India will contribute to around one-sixth of overall world growth this year
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Indian stock upbeat, indices gain 0.5 per cent
Updated : 2 years, 7 months ago IST
Indian Stock Market remain unchanged at the end of the Wednesday. As the market closed, the Nifty and sensex was 0.5 per cent higher. Investors wait for the outcome of the US Fed Monetary Policy meeting which is yet to be announced by July 25–26 mid-night (IST).
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