RBI policy highlights: Prioritising inflation over growth, says Das

RBI Monetary policy updates: As expected by market participants, RBI retained status quo on key interest rates. Governor Shaktikanta Das said. "Approach needs to cautious, but proactive". Stay tu

10:24 AM

RBI Monetary policy LIVE updates: MSF and Bank rates have also been unchanged

RBI Monetary policy LIVE updates: MSF and Bank rates have also been unchanged

10:23 AM

RBI Monetary policy LIVE updates: We are reassured by strong buffers we have built over the few years

We are reassured by strong buffers we have built over the few years, incl. large forex reserves, significant improvement in external indicators & strengthening of financial sector. We at RBI stand resolute and in readiness to navigate the economy out of the current storm, said Das.

10:23 AM

RBI Monetary policy LIVE updates: Spike in crude oil prices poses substantial risk

Edible oil prices could remain elevated 

 

Spike in crude oil prices poses substantial risk

 

Sharp increase in retail prices of petrol and diesel could trigger second round impact

10:21 AM

RBI LIVE: Since the last meeting, the expected benefits of ebbing of Omicron offset by geopolitical situation

Since the last meeting, the expected benefits of ebbing of Omicron offset by geopolitical situation. Are introducing a Standing Deposit Facility, which will form the floor of the Liquidity Adjustment Facility corridor. Projection of global inflation ratcheted up, risk of sizeable impact across geographies in global production. Cost pressure, supply chain disruptions likely to linger on, said RBI Governor Shaktikanta Das.

10:20 AM

RBI MPC LIVE: Inflation projected at 5.7% in FY23

RBI MPC LIVE: Inflation projected at 5.7% in FY23, says Shaktikanta Das

10:19 AM

RBI lowers India's GDP growth target for current fiscal

 

*Ukraine war casts shadow over Indian, could impede growth recovery 

 

*GDP for 2022-23 projected at 7.2%

10:18 AM

Real GDP growth for FY23 projected at 7.2%: RBI

Real GDP growth for FY23 projected at 7.2%: RBI

10:17 AM

Escalating Russia-Ukraine war has cast shadow on economic outlook, says Shaktikanta Das

Escalating Russia-Ukraine war has cast shadow on economic outlook, says Shaktikanta Das

10:16 AM

RBI MPC LIVE: Upside risk for India's inflation, says Shaktikanta Das

Downside risk for India's GDP growth, says Das

10:14 AM

RBI MPC LIVE Updates: RBI Guv Shaktikanta Das on Russia-Ukraine war

Global economy has seen a tectonic shift, said Governor Das

10:13 AM

RBI MPC on inflation: MPC to ensure inflation remains under control, while supporting growth

RBI MPC on inflation: MPC to ensure inflation remains under control, while supporting growth

10:12 AM

RBI MPC LIVE: RBI to restore LAF corridor to 50 bps, as it was pre-Covid

RBI MPC LIVE: RBI to restore LAF corridor to 50 bps, as it was pre-Covid

10:10 AM

RBI MPC LIVE: RBI keeps reverse repo rate unchanged at 3.35%

RBI MPC LIVE: RBI keeps reverse repo rate unchanged at 3.35%

10:09 AM

RBI actions have been nimble and well timed, says Shaktikanta Das

RBI actions have been nimble and well timed, says Shaktikanta Das

10:09 AM

RBI MPC LIVE updates: Approach needs to cautious, but proactive, says Guv

RBI MPC LIVE updates: Approach needs to cautious, but proactive, says Guv