Highlighting the hurdles that have become increasingly prevalent on the global economic horizon, Das said, "The global economy is now facing a tirade of challenges. First, slow moderation in inflation, which is getting interrupted by recurring and overlapping shocks. Second, slowing growt
Sitharaman said, "Globally, we don't need to hesitate any longer to say that the multilateral institutions... whether it is the UN, Security Council or the WHO, WTO are less than effective from where they were made into institutions. The level of effectiveness of their intervention that they
Reserve Bank of India (RBI) Governor Shaktikanta Das on Saturday was awarded for being ranked 'A+' in the Global Finance Central Banker Report Cards 2023 at Morocco's Marakesh, the central bank said.
New Delhi [India], October 9: As anticipated, Shaktikanta Das, the Governor of the Reserve Bank of India (RBI), announced on Friday that the Monetary Policy Committee (MPC) has unanimously chosen to keep the repo rate steady at 6.50 per cent.
As expected, the monetary policy committee of the Reserve Bank of India (RBI) in its October review meeting decided to keep the policy repo rate unchanged at 6.5 per cent, maintaining status quo for the fourth straight occasion. The repo rate is the rate of interest at which the RBI lends to
On May 19, the RBI decided to withdraw the Rs 2000-denomination banknotes from circulation but said it would continue to remain legal tender. However, the RBI had advised banks to stop issuing such banknotes with immediate effect.
Soon after the Reserve Bank of India (RBI) in its latest monetary policy review meeting flagged concerns about high inflation as the headline inflation numbers are above the central bank's upper tolerance limit of 6 per cent, Congress has said it "masks the true hardships" faced by people, p
Indian stock indices extended gains from the previous session, with financial market participants closely monitoring the outcome and the policy stance of the central bank RBI to be announced at 10 am today, for fresh cues.
he Reserve Bank of India (RBI) will on Friday announce its bimonthly monetary policy statement which is closely watched by financial market participants
The three-day bi-monthly monetary policy committee (MPC) meeting of the RBI started on Wednesday with financial market participants set to closely monitor the outcome and the policy stance of the central bank
Citing the World Bank's Global Findex Database 2021, Das said that 76 per cent of adults worldwide had access to an account in a bank or a regulated financial institution as compared to 51 per cent in 2011.