Why a rate cut by RBI will be big news
The Monetary Policy Committe (MPC) of Reserve Bank of India (RBI) is set to conclude its two-day meeting on Friday (February 7).
Economists and market-watchers alike expect Governor Sanjay Malhotra,…
Govt appoints Revenue Secretary Sanjay Malhotra as RBI Governor
The Union government has appointed Revenue Secretary Sanjay Malhotra as the new Governor of the Reserve Bank of India (RBI), according to CNBC-TV18.
Malhotra succeeds Shaktikanta Das as the Governor…
India’s consumer inflation at 14-month high of 6.2%, first breach of RBI tolerance band since Aug 2023
India’s retail inflation rose to 6.21 per cent on an annual basis in October, according to government data released on Tuesday (November 12). The price hike digits are now up from a nine-month high of…
RBI Governor Shaktikanta Das Pays Tribute to Ratan Tata
Reserve Bank of India (RBI) Governor Shaktikanta Das paid his final respects to the late industrial icon Ratan Tata on Thursday. In a heartfelt message shared on the social media platform X (formerly…
After UPI, RBI announces new Unified Lending Interface: What is it?
After the success story of the Unified Payments Interface (UPI), the Reserve Bank of India (RBI) has announced a new venture — the Unified Lending Interface (ULI), which aims to provide “frictionless…
India’s forex reserves hit record high of $675 billion
The country’s forex reserves touched a record high of USD 675 billion on August 2, Reserve Bank Governor Shaktikanta Das said on Thursday.
The previous all-time high for the kitty was USD 670.857…
RBI keeps repo rate unchanged at 6.5%, decision by 4:2 majority
The Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday (August 8) announced that the Central Bank’s Monetary Policy Committee (MPC) has decided to keep the repo rate in India unchanged…
RBI monetary policy meeting result: Repo rate unchanged at 6.5%, announces Governor Shaktikanta Das
The Reserve Bank of India, or RBI, has kept the repo rate unchanged at 6.5 per cent. The decision was announced by RBI Governor Shaktikanta Das after the Monetary Policy Committee (MPC) meeting held…
Slowing global growth a concern but India better placed to deal with geopolitical challenges: Shaktikanta Das at Davos
Slowing global growth is reason for concern, a cause of worry but India is better placed to deal with various geopolitical challenges, Reserve Bank of India Governor Shaktikanta Das said at the World…