RBI Governor Shaktikanta Das warns against complacency in the fight against inflation, emphasizing the need for continued vigilance and commitment to disinflation....
To unravel the uncertainties surrounding overseas investments (OI) regulations, the Reserve Bank of India (RBI) is set to engage with banks to address the concerns that have hindered the plans of wealthy Indians, business families, and startups. The meeting aims to ...
In the press conference following the Reserve Bank of India's (RBI) monetary policy announcement, the spotlight was on Paytm and the regulatory concerns surrounding Paytm Payments Bank. The RBI Governor addressed the issues with clarity, shedding light not only on Paytm ...
In its first monetary policy review of 2024, the Reserve Bank of India (RBI) has decided to maintain its Consumer Price Index (CPI) inflation forecast for the current financial year (FY24) at 5.4%, while projecting a headline inflation of 4.5% for ...
Six-member MPC chaired by RBI governor Shaktikanta Das has decided to keep repo rate unchanged at 6.5% for the sixth time in a row. That being said, RBI makes no hike or cut in repo rate throughout financial year 2023-24. There ...
The Reserve Bank of India (RBI) is back in the limelight for its bi-monthly monetary policy. Six-member monetary policy committee (MPC) chaired by RBI governor Shaktikanta Das had commenced its three-day last policy meeting for FY24 from February 6, and the ...
The Reserve Bank of India (RBI) may adopt a neutral monetary policy stance by June and start reducing interest rates from August, according to Japanese brokerage Nomura....
In a recent meeting held on December 12-13, the Federal Reserve officials indicated a growing confidence in their ability to rein in inflation and expressed concerns about the potential harm of an "overly restrictive" monetary policy on the economy. The meeting ...
In a recent monetary policy review on December 8, the Reserve Bank of India (RBI) decided to keep the repo rate unchanged, leaving home loan borrowers dealing with heightened interest rates. Since October 2019, all floating rate loans issued by banks ...
The Bank of England, on Thursday, maintained borrowing rates unchanged at a 15-year high of 5.25%, bucking the global trend of easing monetary policies. The decision, following two years of incremental hikes, signals the bank's commitment to addressing persistently high inflation, ...
The US Federal Reserve announced on Wednesday that it would keep its key interest rate unchanged for the third consecutive time. The decision comes amidst the fastest string of rate increases in four decades, as the Fed grapples with the challenge ...
Inflation, one of the fundamental economic challenges, can be significantly influenced by the fluctuation of food prices. In a country like India, where a substantial portion of household income is spent on food, the impact of increasing food prices on inflation ...