As global markets continue to see a sharp decline, several economists are urging the Reserve Bank of India (RBI) to take stronger steps in its upcoming monetary policy meeting.
The RBI typically conducts six bimonthly meetings in a financial year, where it deliberates interest rates, money supply, inflation outlook, and various macroeconomic indicators. The other five meetings are scheduled for June 4-6, August 5-7, September 29-October 1, December 3-5, and Febr
After a volatile week post the announcement of reciprocal tariffs by the Trump administration, Indian stock indices are set to take cues from the upcoming monetary policy review meeting (April 7-9), followed by the scheduled release of domestic inflation data.
According to RBI data, forex reserves have increased cumulatively by USD 20.1 billion over the past three weeks and by about USD 6.6 billion in the latest reporting week. Experts believe the declines in the last few weeks were caused by foreign investors' shaken confidence in Indian equity m
Poonam Gupta, currently the Director General of the National Council of Applied Economic Research (NCAER), has been appointed Deputy Governor of the Reserve Bank of India for three years or until orders.
President Droupadi Murmu landed in Mumbai on Monday evening. She will grace the closing ceremony of the Reserve Bank of India's (RBI) 90th-year commemoration event on Tuesday.
The Reserve Bank of India (RBI) is set to announce its monetary policy decision in the second week of April. Economists believe that a rate cut is necessary to support economic growth, with some advocating for a 50-basis-point (bps) reduction, while others expect a more cautious approach.
In February, the RBI unanimously lowered the repo rate by 25 basis points from 6.5 per cent to 6.25 per cent, in what was the first rate cut in about 5 years since Covid.
Congress President Mallikarjun Kharge on Saturday accused the central government of turning banks into "collection agents" by increasing various charges, including ATM withdrawal fees.