Since 2022, central banks across the world started raising policy rate aggressively in a synchronized fashion to counter an inflation surge
While the September inflation print may see a significant pick-up as base effects turn adverse and food prices register an upturn, food inflation, the RBI said, is expected to ease by Q4:2024-25
Das says inflation-growth balance well-poised; rates may start falling from Dec
RBI's confidence on growth has surprised market participants at a time when high frequency indicators pointing towards slowing economic activity
FMCG companies: RBI Governor Shaktikanta Das pointed out that core inflation, which excludes food and fuel prices, was on an uptrend in July and August
Ex-SBI Sengupta was credited for turning around IOB
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If we see higher inflation in September-October and 7% GDP growth in September quarter, will the RBI go for a rate cut in December? Or, will that be pushed to February?
Regulator closely monitoring situation and will not hesitate to take appropriate action, he says
Uncertainty remains elevated on a number of fronts, not least on the path for food inflation and external tensions
Monetary policy committee's shift offers flexibility but no signal of rate cuts; RBI Governor highlights inflation and stability as key priorities
We have to be very careful because there is every chance that inflation will simply bolt again, says Das
Payment Systems like UPI and IMPS provide a facility to the remitter to verify the name of the receiver before initiating a payment transaction
Stock Market Today: GIFT Nifty futures indicated a slightly positive bias for markets at open today.
Realtors' apex body Credai on Wednesday said the RBI should have cut key interest rates to boost housing demand during the current festive season and demanded that the apex bank must consider lowering the repo rate in the next meeting. The Reserve Bank of India (RBI) kept its key interest rate unchanged on Wednesday but took the first step towards a rate cut as it eased its relatively hawkish policy stance to 'neutral'. Credai National President Boman Irani said, "As RBI remains cautious regarding potential inflationary pressures, the central bank's decision to keep the repo rate unchanged at 6.5 per cent - albeit with a revised neutral stance - seems somewhat like a missed opportunity, especially with the festive season around the corner". A rate cut at this juncture would have provided the ideal boost to accelerate consumer demand across industries, he added. Irani expects the central bank to cut rates in the next quarter. Realtors' body Naredco President G Hari Babu suggested t
Indian bonds handed investors a gain of more than 8 per cent this year, thanks to about $16 billion of foreign inflows
RBI Monetary Policy Meeting October 2024 highlights: Catch all the latest news updates on RBI's monetary policy announcements here
RBI meeting: RBI maintains status quo on repo rate but changes stance to 'Neutral'; what does it mean for the markets? Experts decode