Page 175 - Latest Updates on Reserve Bank of India
MPC hikes repo rate by 50 bps to 5.40%; Covid-era cuts reversed entirely
Committee retains FY23 CPI forecast at 6.7%, flags uncertainty on inflation trajectory
 "MPC hikes repo rate by 50 bps to 5.40%; Covid-era cuts reversed entirely")
Rate sensitive shares trade firm as RBI hikes repo rate by 50 bps to 5.4%
Nifty Bank, Nifty Financial Services, Nifty PSU Bank, Nifty Private Bank and Nifty Realty indices gained up to 1%
 "Rate sensitive shares trade firm as RBI hikes repo rate by 50 bps to 5.4%")
India at 75: Judiciary has become near-perfect example of Russell's paradox
The question "who judges the judiciary" is fundamental since it appoints its own members via the Collegium system introduced in the early 1990s
Call grows among market participants for shift in RBI's stance to neutral
Drop in bond yields reflects hope of smaller hikes
 "Call grows among market participants for shift in RBI's stance to neutral")
Top Headlines: RBI policy review today, Sebi orders audit of FRL, and more
Ahead of the RBI MPC's statement today, while market participants are certain about a rate hike, there are also growing calls for a shift in the central bank's stance. Read more in our top headlines
 "Top Headlines: RBI policy review today, Sebi orders audit of FRL, and more")
Will RBI catch up with rest of the world on Friday in terms of rate hike?
On August 4, the Bank of England is expected to raise rates by 50 bps to 1.75 per cent. A Business Standard poll of 10 economists expects the RBI to raise rates by 35-50 bps
 "Will RBI catch up with rest of the world on Friday in terms of rate hike?")
Premature redemption under gold monetisation payable only in rupees: RBI
'Any premature redemption of Medium and Long Term Government Deposit (MLTGD) would be only in Indian rupee'
Rise in cash in circulation for April-July stands at Rs 50,800 cr: RBI data
The currency in circulation had jumped by over Rs 4 trillion in 2020-21, while the increase tapered to Rs 2.80 trillion in the last financial year
 "Rise in cash in circulation for April-July stands at Rs 50,800 cr: RBI data")
India's 10-year bond yield drops on report of rate pause by RBI tomorrow
Indian government bond yields dropped on Thursday, with the 10-year benchmark yield down 9 bps after a report said the RBI might be guided by data after Friday's decision.
 "India's 10-year bond yield drops on report of rate pause by RBI tomorrow")
What to expect from the RBI's upcoming monetary policy announcement?
In the last policy announcement on June 8, the Reserve Bank of India (RBI) announced a repo rate hike of 50 basis points to take the rate from 4.4 per cent to 4.90 per cent
 "What to expect from the RBI's upcoming monetary policy announcement?")
Monetary policy: RBI likely to return interest rates to pre-pandemic levels
With Federal Reserve officials signaling a pause is out of the question until they see evidence of inflation easing, RBI watchers will be closely monitoring Governor Shaktikanta Das's remarks
 "Monetary policy: RBI likely to return interest rates to pre-pandemic levels")
SC wants political parties to suggest how to regulate 'freebie culture'
Govt says freebies inevitably lead to economic disaster
 "SC wants political parties to suggest how to regulate 'freebie culture'")
July PMI services growth slips to 4-month low on rising inflation
The PMI decreased to 55.5 in July 2022 from 59.2 in June
 "July PMI services growth slips to 4-month low on rising inflation")
RBI's March financial inclusion index shows growth in all segments
The index has risen to 56.4 in March 2022, against 53.9 as of March 2021
Looking through supply-side inflation is a flawed approach: Viral Acharya
Financial market dominance over central banks is a huge problem and challenge, former RBI deputy governor Viral Acharya says
 "Looking through supply-side inflation is a flawed approach: Viral Acharya")
RBI's financial inclusion index rises; showing growth across all segments
The RBI's composite financial inclusion index (FI-Index) capturing the extent of financial inclusion across the country rose to 56.4 in March 2022, showing growth across all parameters
 "RBI's financial inclusion index rises; showing growth across all segments")
West Bengal's share in small savings rises to highest since pandemic began
Maharashtra has also seen an increase in net collections in recent years
 "West Bengal's share in small savings rises to highest since pandemic began")
RBI to raise rates in August but no consensus on size of hike: Report
The Reserve Bank of India will hike its key interest rate on Friday, economists polled by Reuters said, but there was no consensus on the size of the move
 "RBI to raise rates in August but no consensus on size of hike: Report")
Top Headlines: Debate on RBI rate hike, Zomato biz structure change & more
Zomato is on an internal rebranding exercise by moving to a multiple chief executive structure for its businesses that will be housed under a larger organisation called Eternal
 "Top Headlines: Debate on RBI rate hike, Zomato biz structure change & more")
ICICI Bank, Bank of India, Indiabulls hike rates ahead of MPC meeting
The revised rates for new borrowers range between 7.80 per cent and 8.30 per cent, depending on credit and loan amount
 "ICICI Bank, Bank of India, Indiabulls hike rates ahead of MPC meeting")