Page 10 - Latest Updates on Shaktikanta Das
India's CAD may show dip in Q4 as net exports hit 11-quarter high
IDFC First Bank in a recent report said in FY25, it estimates CAD at 1.3 per cent of GDP compared to 0.7 per cent of GDP in FY24
 "India's CAD may show dip in Q4 as net exports hit 11-quarter high")
India's new govt will be spoilt for choice with $25 bn extra in kitty
On Wednesday, the RBI announced a record Rs 2.11 trillion dividend transfer to the government
 "India's new govt will be spoilt for choice with $25 bn extra in kitty")
Reserve Bank board approves transfer of Rs 2.11 trillion surplus to govt
The expert committee had suggested maintaining the risk provisioning within a range of 5.5 per cent to 6.5 per cent of the RBI's balance sheet under the Contingent Risk Buffer
RBI Guv Das casts vote in Mumbai, urges electors to exercise voting right
Tata Sons Chairman N Chandrasekaran was also among the early voters from the world of business
 "RBI Guv Das casts vote in Mumbai, urges electors to exercise voting right")
'Permanent deletion of transactions can anonymise e-rupee like cash'
The e-Rupee is a central bank digital currency (CBDC) issued by the Reserve Bank of India
 "'Permanent deletion of transactions can anonymise e-rupee like cash'")
CBDC pilot programmes for CPs, CDs likely: RBI governor Shaktikanta Das
Says permanent deletion of transactions can make e-rupee anonymous and at par with cash
RBI to make digital currency available offline, says Governor Das
India is one of the few economies to experiment with a digital currency backed by a central bank, even as developed nations tread cautiously
 "RBI to make digital currency available offline, says Governor Das")
UPI transactions dip marginally in April to Rs 19.64 trn; grow Y-o-Y
Fasting, IMPS and Apes transactions decline too in the month
 "UPI transactions dip marginally in April to Rs 19.64 trn; grow Y-o-Y")
Enlightened leadership needed to resolve tax distribution: Subbarao
"This (north-south divide in deciding on the distribution of the tax pool among states) is a complex political challenge beyond the remit of the Finance Commission
 "Enlightened leadership needed to resolve tax distribution: Subbarao")
As India develops, high food inflation will get less severe: Ashima Goyal
Replying to a question on India's current macroeconomic situation, Goyal said conditions have been created for sustainable and inclusive growth
 "As India develops, high food inflation will get less severe: Ashima Goyal")
Consumer price inflation likely eased to 5-month low of 4.91% in March
RBI Governor Shaktikanta Das said last week that food price volatility remains a concern
 "Consumer price inflation likely eased to 5-month low of 4.91% in March")
India's consumer price inflation likely eased to 4.91% in Mar: Reuters poll
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
 "India's consumer price inflation likely eased to 4.91% in Mar: Reuters poll")
All the RBI's men
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
Monetary policy: 'Real rates do matter, inflation must align with target'
Reserve Bank of India Governor Shaktikanta Das and Deputy Governor Michael Patra responded to a host of queries in the post-policy interaction with the media. Edited excerpts:
RBI to launch a mobile app for investing in government securities
The introduction of the app will enhance transparency and streamline the process for retail investors, said market participants
 "RBI to launch a mobile app for investing in government securities")
CBDC transaction volumes decline after hitting 1,000,000: RBI dy guv
The overall number of transactions has touched 22 million since the launch of the CBDC pilot on December 1, 2022, Sankar said, adding that the number of participants in the pilot stands at 5 million
 "CBDC transaction volumes decline after hitting 1,000,000: RBI dy guv")
RBI to release final framework for fintech SROs by April-end: Governor Das
Das said the banking regulator was working towards operationalising one SRO for fintechs by the Global Fintech Festival (GFF) scheduled in September
India building up gold reserves as part of forex deployment: RBI Guv Das
He did not give any specifics on the quantum of gold buys, but pointed to the official data which shows an increase in the value of gold reserves
 "India building up gold reserves as part of forex deployment: RBI Guv Das")
RBI monetary policy highlights: Last mile of disinflation is always challenging, sticky, says Governor Das
RBI MPC highlights: Catch all the highlights related to RBI's Monetary Policy Committee announcements here
 "RBI monetary policy highlights: Last mile of disinflation is always challenging, sticky, says Governor Das")
RBI MPC: Here are the major announcements made by Governor Shaktikanta Das
The Reserve Bank of India put the estimated real GDP growth for FY25 at 7 per cent
 "RBI MPC: Here are the major announcements made by Governor Shaktikanta Das")