The Sensex rose 460 points, or 0.94 per cent, to close at 49,662, while the Nifty50 added 136 points, or 0.92 per cent, to end the session at 14,819
We are giving up this discretion to give an explicit assurance to the markets that we will assist them in the conduct of the borrowing programme, said Patra
The amendments come just days after the RBI won approval from the government to retain its 2-6 per cent inflation target range for the next five years
India needs an effective privacy law quickly
RBI should not undermine the price and financial stability objectives
Bankers gave a thumbs up to the clear commitment to liquidity infusion through the G-Sec Acquisition Programme (G-SAP) and other growth-enhancing measures by RBI
Gaps in recovery have been surfacing after the resurgence in new cases due to Covid-19 second wave, but the moderation in the pick-up seems to have begun well before.
The Reserve Bank of India's decision to continue with the accommodative policy stance is reassuring to the industry and trade, according to chambers
In a major move in the online payments segments, the RBI has decided to allow payment system operators to take direct membership of Centralised Payment Systems (CPS), such as RTGS and NEFT
RBI monetary policy 2021: The recent surge in Covid-19 infections, however, imparts greater uncertainty to the outlook, RBI governor Shaktikanta Das said today
RBI retains its growth outlook for the fiscal year started April 1 at 10.5%, unchanged from its February outlook.
Status quo on rates likely to be maintained for some time
Banks await Centre's direction even as customers flock branches
A search panel headed by the Cabinet Secretary is scheduled to interview eligible candidates on April 15 for the post of RBI deputy governor, according to sources
Status quo expected on Wednesday, but guidance will hold the key for bond market
An OMO calendar will make bond dealers happy but a disinvestment or privatisation calendar by the government will be a more potent weapon to manage yield and push growth
Investors should stay true to their asset-allocation for investing for long-term goals. They may look at accrual-oriented funds, like the low duration and short-term funds
It is likely to keep policy rates on hold, maintain its accommodative stance going into FY22, and sound dovish amid rising Covid-19 cases
The government needs to realise that cryptocurrencies today are what stocks were in the 17th century. They cannot be ignored and the door cannot be shut on them in the long run
Attaining different objectives could become more difficult