Search For "monetary"
World Bank says Pakistan urgently needs foreign loans to avoid "public deb
Updated : 2 years, 11 months ago IST
The World Bank in its flagship report 'Pakistan Development Update' warned Pakistan regarding serious dangers to its economic and debt viability while predicting almost flat economic growth.
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Pakistan raises benchmark interest rate to 21 pc
Updated : 2 years, 11 months ago IST
On Wednesday, the State Bank of Pakistan's Monetary Policy Committee increased the benchmark interest rate by 100 basis points, to 21 per cent.
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RBI surprise helps key equity indices extend gains for fifth day
Updated : 2 years, 11 months ago IST
BSE Sensex went up 143 points to settle at 59,832.97 while NSE Nifty surged 42 points to end at 17,599.15 on Thursday.
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RBI applies brake on repo rate hike; here's what analysts have to say
Updated : 2 years, 11 months ago IST
The Reserve Bank of India, in its first monetary policy review meeting in 2023-24, decided to keep the key benchmark interest rate - the repo rate - unchanged at 6.5 per cent.
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Headline inflation moderating but remains above targets of central banks:
Updated : 2 years, 11 months ago IST
He said the banking and non-banking financial service sectors in India remained healthy and financial markets evolved in an orderly manner
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RBI projects real GDP growth for 2023-24 at 6.5 pc
Updated : 2 years, 11 months ago IST
During his speech on Thursday, the governor said that RBI projected GDP growth in FY24's first quarter (Q1) at 7.8 per cent; the second quarter (Q2) at 6.2 per cent; the third quarter (Q3) at 6.1 per cent; and the fourth quarter (Q4) at 5.9 per cent.
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RBI decides to keep repo rate unchanged at 6.5 pc
Updated : 2 years, 11 months ago IST
Five out of six members of MPC voted to remain focused on withdrawal of accommodation to ensure inflation aligns with target while focusing on growth, RBI Governor Shaktikanta Das said on Thursday. The Monetary Policy Committee of the central bank decided to take a pause after a rate hike
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RBI likely to announce another repo rate hike tomorrow to manage inflation
Updated : 2 years, 11 months ago IST
Governor Shaktikanta Das will announce the outcome of the meetings at 10 in the morning, followed by a press conference at noon which would be telecast.
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Indian stocks in green ahead of RBI monetary policy outcome
Updated : 2 years, 11 months ago IST
Indian stock indices extended their gains, though marginally, on Wednesday as investors at large are eyeing the outcome of the three-day Reserve Bank of India's monetary policy committee meeting -- the first in 2023-24 which started Monday.
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India stands out as fastest-growing economy, but RBI should halt any more
Updated : 2 years, 11 months ago IST
ASSOCHAM President Ajay Singh said, "Though India remains the fastest-growing nation amongst the major economies, growth is uneven even as the global headwinds from volatile energy prices, geo-political developments and threat of recession in major economies need to be watched with an abunda
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RBI may hike repo rate by 25 bps in ongoing policy meet: Emkay report
Updated : 2 years, 11 months ago IST
The monetary policy committee of the Reserve Bank of India, when it announces the outcome of the ongoing policy meeting on Thursday morning, is likely to hike the repo rate by 25 basis points (100 basis points is equivalent to 1 percentage point), according to advisory firm Emkay Global Fina
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Ukraine receives first tranche of USD 2.7 billion financial aid from IMF
Updated : 2 years, 11 months ago IST
Ukraine has received the first tranche of USD 2.7 billion from a new International Monetary Fund (IMF) EEF program, CNN reported quoting Ukrainian Finance Minister Sergii Marchenko.
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