Mumbai (Maharashtra) [India], August 5 (ANI): The Reserve Bank of India on Friday decided to keep inflation projection for the current financial year unchanged at 6.7 per cent and said that the retail inflation would remain above the upper tolerance level of 6 per cent through the first thre
Mumbai (Maharashtra) [India], August 5 (ANI): The depreciation of the Indian rupee is more on account of the appreciation of the US dollar rather than weakness in macroeconomic fundamentals of the Indian economy as the domestic currency is faring much better than several other currencies, Re
Mumbai (Maharashtra) [India], August 5 (ANI): The monetary policy committee of the Reserve Bank of India has unanimously decided to raise the repo rate by 50 basis points to 5.40 per cent in order to contain the persistently high inflation. Today's hike takes the repo rate above pre-pande
Mumbai (Maharashtra) [India], August 5 (ANI): The monetary policy committee of the Reserve Bank of India has raised the repo rate by 50 basis points to 5.40 per cent in order to contain the persistently high inflation.
New Delhi [India], August 4 (ANI): The Reserve Bank of India is likely to hike the policy repo rate by 25 to 50 basis points on Friday, the third hike since the beginning of the current financial year, in order to tame the inflationary pressure.
Mumbai (Maharashtra) [India], August 2 (ANI/PRNewswire): Speaking at the first edition of Lentra Digital Lending Transformation Global Summit 2022 in Mumbai, the former Finance Secretary and RBI Governor, Dr Duvvuri Subbarao emphasized the crucial role of technology-related policy initiat
Raipur (Chhattisgarh) [India], August 1 (ANI): Former RBI Governor Raghuram Rajan on Sunday, while appreciating the Gothan and Godhan Nyay scheme of the Chhattisgarh government, said that work of improving livestock conditions is being done through the Yojana by ensuring the participation of
Raipur (Chhattisgarh) [India], July 30 (ANI): The notion that democracy holds back economic development is wrong and India's future lies in strengthening its liberal democracy and institutions, former RBI Governor Raghuram Rajan said.
Raipur (Chhattisgarh) [India], July 30 (ANI): India has sufficient foreign exchange (forex) reserves, external debts are low and the country is not having the economic problems like Sri Lanka and Pakistan, former RBI Governor Raghuram Rajan said.
Raipur (Chhattisgarh) [India], July 30 (ANI): The Reserve Bank of India (RBI) has done a good job in increasing the foreign exchange reserves and the country would not face the economic problems like Sri Lanka and Pakistan, former RBI Governor Raghuram Rajan said.
Mumbai (Maharashtra) [India], July 22 (ANI): The Reserve Bank of India will continue to engage with the foreign exchange market and ensure that the rupee finds its level in line with its fundamentals, said Governor Shaktikanta Das.
New Delhi [India], July 9 (ANI): Inflation, which has been above the central bank's tolerance limit since the beginning of 2022, is likely to ease gradually in the second half of the current financial year, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Saturday.