India to be among fastest growing economies despite recession fears globally: RBI Guv
RBI governor Shaktikanta Das says there are signs of inflation slowing down but it is only expected to decline in H1 FY24.
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‘Mark my words': Private crypto to cause next financial crisis, says RBI Guv
The RBI governor says private cryptos should be prohibited. If they are allowed to grow, they could cause the next financial crisis, he adds.
RBI doesn't have any fixed exchange rate in mind, says governor Das amid depreciating rupee
The Indian currency is trading at a record low against the US dollar.
Rupee depreciation among lowest in the world: RBI governor
The Indian rupee has depreciated by 5.1%, which is among the lowest in the world, says RBI governor Shaktikanta Das.
MPC meet: RBI hikes repo rate by 50 bps to 5.4% to tame inflation
The 3rd hike in a row pushes the key policy rate to the pre-pandemic levels; RBI's FY23 forecast on inflation and GDP remains unchanged at 6.7% and 7.2%, respectively
RBI governor defends rupee; says zero tolerance for bumpy movements
RBI says the rupee is holding up “well” relative to both advanced and EME peers, and the movement of the rupee has been smooth despite global spillovers
'No change’: RBI on reports about changing Mahatma Gandhi’s photo on banknotes
There is no such proposal, says the RBI; the apex bank supplies banknotes in denominations of ₹2, ₹5, ₹10, ₹20, ₹50, ₹100, ₹200, ₹500 and ₹2,000 in the country.
Quantum of rate hike proves RBI was behind the curve
After being sanguine about inflation, out-of-turn MPC meet endorses 40-bps repo rate hike.
High inflation, declining forex forces RBI to hike rates
While a majority of indices tanked today due to rate hike by RBI, LIC IPO was saved from dampening spirit of the Indian stock markets in the nick of time.
RBI hikes repo rate by 40 bps in surprise MPC meet
The monetary panel has decided to retain its accommodative stance from its meeting in April, with an eye accommodation withdrawal.
