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RBI projects India's 2023-24 retail inflation at 5.3 per cent
Updated : 3 years, 1 month ago IST
The average inflation in Q1 2023-24 is expected at 5.0 per cent, Q2 at 5.4 per cent, Q3 at 5.4 per cent, and Q4 at 5.6 per cent, respectively.
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RBI proposes to launch pilot project for QR code-based coin vending machin
Updated : 3 years, 1 month ago IST
These vending machines will dispense coins against debit to the customer's account using Unified Payments Interface (UPI) instead of physical tendering of banknotes.
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RBI projects India's GDP growth at 6.4 per cent for 2023-24
Updated : 3 years, 1 month ago IST
The GDP projections for Q1, Q2, Q3, and Q4 2023-24 are estimated at 7.8 per cent, 6.2 per cent, 6.0 per cent, and 5.8 per cent, respectively, with risks, evenly balanced.
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RBI MPC raises repo rate by 25 bps to 6.5 pc
Updated : 3 years, 1 month ago IST
Four out of six members of MPC have decided to go ahead with this hike in rate, RBI Governor Shaktikanta Das said on Wednesday.
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Markets open with gains as investors expect RBI MPC meeting outcome
Updated : 3 years, 1 month ago IST
Key indices BSE Sensex went up 357 points to 60,643.78 while Nifty50 surged 115 points to 17,837.15.
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Market stabilises in morning trade; some Adani Group firms recover
Updated : 3 years, 1 month ago IST
The domestic stocks in opening trade also seemed to have recovered from last week's losses when shares of the Adani Group firms suffered a rout and the outcome dragged on the stock key indices, namely Sensex and Nifty.
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Indian stocks start fresh week in red; Adani Ports gains, other group shar
Updated : 3 years, 1 month ago IST
Indian stock markets started the fresh week on a subdued note and lost nearly half a percentage point
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Expect RBI to pause repo rate hike in February policy: SBI Research
Updated : 3 years, 1 month ago IST
SBI Research, in a report published moments before the RBI meeting started, said India's central bank is expected to pause the policy rate hike during the February 6-8 review meeting.
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India's forex reserves continue to rise for three weeks
Updated : 3 years, 1 month ago IST
The reserves are currently at their multi-month highs with the latest three consecutive weeks' rise.
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Measures in place to address excessive volatility in specific stocks, says
Updated : 3 years, 1 month ago IST
SEBI said that the Indian financial market as represented by Sensex and Nifty has demonstrated ongoing stability and is continuing to function in a transparent, fair and efficient manner.
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Banking sector remains resilient, stable: RBI
Updated : 3 years, 1 month ago IST
The central bank said it remains vigilant and continues to monitor the stability of the Indian banking sector.
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We expect RBI to implement final rate hike in February and change stance
Updated : 3 years, 1 month ago IST
In its December monetary policy committee meeting, the RBI raised the policy repo rate by 35 basis points (bps) to 6.25 per cent.
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