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RBI Maintains Status Quo On Key Rate
The Reserve Bank of India governor in its first MPC meet for the FY22 maintained status quo on key policy rate. This is to entrench the economic recovery from the coronavirus led fall-out amid worsening coronavirus situation again. With this repo ...
RBI Pushes Centre To Slash Taxes On Petrol, Diesel
Fuel prices have been hitting new highs in major cities across India and even today after a 30 paise hike price of petro per litre surged to Rs. 86.95 in New Delhi and diesel is retailing for Rs. 77.13. In its ...
Rbi Pushes Centre To Slash Taxes On Petrol Diesel
RBI's 3-Days Monetary Policy Committee Meet To Begin Today
The Reserve Bank of India's (RBI) three-day Monetary Policy Committee (MPC) meeting is slated to commence on February 3. It is projected that the RBI will keep key policy rate steady but there are also expectations that Union Budget 2021 could ...
Rbi S 3 Days Monetary Policy Committee Meet To Begin Today
Key Takeways From December 2020 RBI MPC
At a time when economy has shown resilience in the second quarter of FY21 with a better than anticipated growth of -7.5% and stubborn levels of inflation, here is what RBI's decision are like: No repo rate cut: In view ...
MPC Unlikely To Change Repo Rates On Friday
Members of the Reserve Bank of India's Monetary Policy Meet have begun their three-day meeting on Wednesday, and are due to announce their policy decision on Friday. Most analysts are not expecting a rate cut, as in the previous policies. India ...
Mpc Unlikely To Change Repo Rates On Friday
MPC May Hold Interest Rates Steady In December 2020
Following release of WPI data, noted rating agency ICRA has said that the Monetary Policy Committee might hold interest rates steady in its forthcoming monetary policy meet of December 2020. "WPI data did not reveal any information that would build the ...
Mpc May Hold Interest Rates Steady In December
Rate Sensitive Stocks Trade Higher On RBI MPC Outcome
After the RBI maintains status quo on, rate sensitive stocks are trading higher with Nifty Bank and Nifty Auto, which is up 0,73% and 0.29%, respectively. Major banks pushing the Nifty Bank Index higher are HDFC Bank, ICICI Bank, SBI, Axis ...
Govt Appoints 3 New Members To RBI's MPC
The government has approved economists Shashank Bhide, Ashima Goyal and Jayanth R Varma as nominees for independent members to the RBI's Monetary Policy Committee late on Monday. Shashank Bhide is a senior advisor at the New Delhi-based think tank National ...
RBI May Hold MPC Meet As Early As Next Week
Earlier on Monday (September 28, 2020), the RBI came up with the notification that the monetary policy committee's (MPC) meet scheduled to begin from September 29 has been postponed. "The meeting of the MPC during September 29, 30 and October ...
Rbi May Hold Mpc Meet As Early As Next Week
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