Income disparity seen across state and national figures
But remains well above RBI's 4 per cent target
In case of FDI, the total FDI inflows was over $50 billion in FY20 and its share during the election months of April-May 2019 turned out to be 18.1 per cent
Zerodha Broking Ltd. warned its clients to close open positions and cautioned about liquidity drying up
Consumption-based borrowing by the household sector makes investment capital even more expensive
A survey by CII, he further said, expects the Reserve Bank of India to cut benchmark interest growth in the second quarter (July-September). The RBI has been holding the repo rate at 6.5%
The report further said that while the fixed investment and the lower drag from net external demand propelled real GDP growth, private consumption received support from steady urban demand
The Ministry of Finance urged these entities to monitor disruptions that could potentially drive up India's export expenses
RBI Governor Shaktikanta Das said last week that food price volatility remains a concern
But says govt spending, expected good monsoon may support demand
Inflation was expected to return to the RBI's target next quarter but be above it in subsequent quarters, according to a separate Reuters survey on the longer-term outlook
The restrictions on The Shirpur Merchants' Co-operative Bank will remain in force for six months from the close of business on April 8, 2024, the RBI said
OIS markets reflect interest rate expectations, with higher rates indicating elevated interest rates for a longer period
As the Reserve Bank celebrates its 90th birthday, the concluding part of a two-column series offers a peek into the lives and works of its governors over the past three decades
Flags internal auditor's task for early detection of irregularities
RBI monetary policy: In no hurry to cut repo rate, MPC keeps status quo; retains FY25 growth, inflation forecasts
Reserve Bank of India has imposed monetary penalty of Rs 1 crore on private sector lender IDFC First Bank for non-compliance with certain directions issued by regulator on Loans and Advances
Domestically, however the economy continues on a strong footing
After witnessing sustained moderation, cost push pressures faced by firms, the RBI said, are showing upward bias
Rural demand catching up, consumption expected to support economic growth in FY25, says RBI governor