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Continued monetary policy tightening necessary: RBI MPC member Shashanka B
Updated : 3 years, 2 months ago IST
Continued monetary policy tightening is needed to achieve moderation in the inflationary pressures, Reserve Bank of India's Monetary Policy Committee member Shashanka Bhide said during the latest policy meeting held this month.
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Indian stocks extend losses to third day; all eyes on RBI policy meet
Updated : 3 years, 3 months ago IST
At the time of writing this report, Sensex traded at 62,600.88 points, down 233.72 points or 0.37 per cent, whereas Nifty traded at 18,627.45 points, down 73.60 points or 0.39 per cent.
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Indian stock indices extend losses to second day; Sensex down over 300 pts
Updated : 3 years, 3 months ago IST
At the time of writing this report, Sensex traded at 62,516.75 points, down 351.75 points or 0.56 per cent, whereas Nifty traded at 18,600.80 points, down 95.30 points or 0.51 per cent. Rupee opened at 81.23 against the US dollar. On Friday, it closed at 81.32.
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Indian stocks largely steady ahead of US Fed policy outcome
Updated : 3 years, 4 months ago IST
The Reserve Bank of India's additional and out-of-turn monetary policy meeting on Thursday will also be closely followed by investors.
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RBI calls for additional monetary policy meet to discuss inflation mandate
Updated : 3 years, 4 months ago IST
The meeting has been called under the provisions of Section 45ZN of the Reserve Bank of India (RBI) Act 1934, RBI said in a statement on Thursday.
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RBI hikes repo rate by 50 bps to fight high inflation, tightening policies
Updated : 3 years, 5 months ago IST
Mumbai [India], September 30 (ANI): Reserve Bank of India's Governor Shaktikanta Das today announced the hike of the repo rate, the key lending rate, by 50 bps to 5.9 per cent. Explaining the rationale behind the policy, the governor said the bleak global economic outlook, persisting inflati
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RBI hikes repo rate by 50 bps to 5.90 pc, inflation projection retained at
Updated : 3 years, 5 months ago IST
Mumbai [India], September 30 (ANI): The Reserve Bank of India (RBI) on Friday hiked repo rate by 50 basis points to 5.90 per cent in order to control the rising inflation, keeping in line with the aggressive policies of central banks and the volatile markets prevalent across economies. Read More
Tightening US monetary policy - a source of volatility for Indian stocks:
Updated : 3 years, 5 months ago IST
New Delhi [India], September 29 (ANI): The monetary policy tightening in the US and the subsequent strength in the dollar could continue to be a source of volatility for Indian equities in the coming months, due to their negative effect on earnings and balance of payments, said Morgan Stanle
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Indices on Indian markets snap 6-day losing streak in early trade
Updated : 3 years, 5 months ago IST
Mumbai [India], September 29 (ANI): The benchmark indices on stock equity markets snapped the six-day losing streak and opened higher during early trade on Thursday. Key indices Nifty50 rose 150 points to breach 17,000 level and the S&P BSE Sensex was up 399 points to trade at 57, 149.
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Rupee depreciates to new lifetime low; stocks decline for sixth day
Updated : 3 years, 5 months ago IST
New Delhi [India], September 28 (ANI): Continuing with the consistent depreciation, the rupee slipped further from the recent low and hit another lifetime low on Wednesday morning. This consistent depreciation follows the ongoing strengthening of the US dollar index for a two-decade high,
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Three-day RBI monetary policy meet starts today; another repo rate hike li
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 28 (ANI): The monetary policy committee of the Reserve Bank of India is all set for its bi-monthly review meeting starting today.
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Indian stocks rise after fourth straight day of sharp slump
Updated : 3 years, 5 months ago IST
New Delhi [India], September 27 (ANI): Snapping four straight sessions of sharp losses, Indian stocks again gained some momentum in early trade on Tuesday, possibly due to value buying.
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