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India's forex reserves decline for fifth week, possibly due to RBI selling
Updated : 1 year, 4 months ago IST
India's foreign exchange reserves fell for the fifth consecutive week after reaching an all-time high last month.
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RBI's shift to neutral stance have eased concerns of widening credit-depos
Updated : 1 year, 4 months ago IST
"RBI's change of stance on liquidity, from withdrawal to a neutral position, should abate concerns. Also the growth rates between credit and deposit growth have now converged compared with a peak gap of 400bp over the past year. This, along with better deposit growth and easier liquidity, sh
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Government subsidies are a concern, may impact GDP: RBI Governor
Updated : 1 year, 4 months ago IST
RBI Governor Shaktikanta Das said on Wednesday that capital expenditure spending of the centre and states are picking up but high subsidy outgo is a concern.
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Immediate rate cut unlikely, inflation still a concern: RBI Governor
Updated : 1 year, 4 months ago IST
RBI Governor Shaktikanta Das clarified on Wednesday that changing the monetary policy stance to 'neutral' does not mean a rate cut in the next policy announcement.
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Trump victory may lead to stronger dollar, but RBI's focus will remain on
Updated : 1 year, 4 months ago IST
A victory of Donald Trump in the upcoming US presidential elections could lead to a stronger US dollar says a report by Barclays.
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India's 7pc+ FY25 growth target relies on robust investment, inflation con
Updated : 1 year, 4 months ago IST
Recent reports indicate a mixed outlook, with the Reserve Bank of India (RBI) maintaining a cautious stance on monetary policy amid rising inflation.
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India's foreign exchange reserves decline for fourth week after stellar ru
Updated : 1 year, 4 months ago IST
India's foreign exchange reserves slumped for the fourth straight week after having scaled an all-time high last month.
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RBI unlikely to go for immediate rate cut, despite inflation likely to coo
Updated : 1 year, 4 months ago IST
The persistent pressure of elevated food prices continues to drive inflation, suggesting that any potential reduction in interest rates will hinge on evidence of stable inflation trends nearing the RBI's target of 4 percent. As such, market participants may need to brace for a prolonged peri
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India's external assets grew faster than liabilities: RBI report
Updated : 1 year, 4 months ago IST
India's external assets grew faster than its liabilities between June 2023 and June 2024, according to the latest report from the Reserve Bank of India (RBI).
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Amid global economic crisis, RBI hikes its gold reserve to 855 metric tonn
Updated : 1 year, 4 months ago IST
Amid the ongoing global crisis India's total gold reserves held by the Reserve Bank of India (RBI) stand at 854.73 metric tonnes, according to the latest report by the central bank.
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RBI report shows India's forex reserves cover stands at 11.2 months of imp
Updated : 1 year, 4 months ago IST
The Reserve Bank of India (RBI) in its latest report stated that the country's foreign exchange reserves cover of imports (on balance of payments basis) stood at 11.2 months
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AIADMK's Udhayakumar describes actor-turned-politicians Vijay's first conf
Updated : 1 year, 4 months ago IST
Tamil Nadu Deputy Leader of the Opposition RB Udhayakumar praised actor-turned-politician Vijay's first public conference saying that he made an "impressive" start
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