Page 29 - Latest Updates on Shaktikanta Das
As rupee continues to slide, RBI may be back to spot intervention
Reserve Bank of India's foreign-exchange reserves have fallen by about $30 billion since the end of May to $573 billion, according to its data
 "As rupee continues to slide, RBI may be back to spot intervention")
Don't exceed your licence brief: RBI governor Das tells fintech firms
The RBI's notification regarding PPIs had sent the entire fintech world, especially the buy now pay later (BNPL) industry, into a tizzy
 "Don't exceed your licence brief: RBI governor Das tells fintech firms")
Bulk of India Inc's overseas debt is hedged: RBI governor Shaktikanta Das
No particular level of rupee in mind but have zero tolerance for volatile movements: Das
 "Bulk of India Inc's overseas debt is hedged: RBI governor Shaktikanta Das")
Digital lending firms should operate under licence granted: RBI governor
Central bank last month banned the loading of prepaid payment instruments from credit lines
 "Digital lending firms should operate under licence granted: RBI governor")
Indian economy relatively better placed amid grim global scenario: RBI Guv
"RBI has been supplying US dollars to the market to ensure adequate supply of liquidity," Governor Shaktikanta Das said
 "Indian economy relatively better placed amid grim global scenario: RBI Guv")
Rupee holding up well relative to EM peers, advanced economies: RBI Guv
Reserve Bank Governor Shaktikanta Das on Friday said the rupee is holding up relatively well when compared to the currencies of emerging market peers and advanced economies.
 "Rupee holding up well relative to EM peers, advanced economies: RBI Guv")
Global cooperation needed to regulate crypto: Sitharaman tells Parliament
RBI has called cryptocurrencies a 'real danger', listing their risk in its annual report
 "Global cooperation needed to regulate crypto: Sitharaman tells Parliament")
Pointed attack on inflation to continue, says FM Nirmala Sitharaman
The finance minister also foresees monsoon being favourable for agriculture. Production is expected to be good and rural demand is seen remaining intact
 "Pointed attack on inflation to continue, says FM Nirmala Sitharaman")
Economists see waning urgency for India's RBI to go for large hikes
Citigroup Inc. economists expect a 35 basis-point increase in borrowing costs at the Reserve Bank of India's next Monetary Policy Committee meeting in August, a move also predicted by Barclays Plc
 "Economists see waning urgency for India's RBI to go for large hikes")
RBI governor Shaktikanta Das says will ensure orderly movement in rupee
India's currency has been on a downward spiral, falling 6.6% this year, as fears of a global recession and deteriorating external balances fuel outflows
 "RBI governor Shaktikanta Das says will ensure orderly movement in rupee")
Live news: 63 pilgrims from Maharashtra's Beed stranded in Amarnath rescued
Latest Live news updates: Amarnath yatra rescue operations, EAM on Sri Lankan crisis, PM addresses Natural Farming Conclave, and more
 "Live news: 63 pilgrims from Maharashtra's Beed stranded in Amarnath rescued")
Inflation may ease gradually in 2nd half of fiscal, says RBI Governor Das
Inflation is a measure of the trust and confidence that the public reposes in the economic institutions of the country, Das said while speaking at the inaugural Kautilya Economic Conclave
RBI Governor asks states to find out effective ways to address debt issues
Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday asked state governments to find out effective ways to address the issues related to debt and cash management.
What RBI's letter to govt on missing inflation target is likely to contain
Failure to keep inflation between 2-6% for three straight quarters will require RBI Governor to explain to FinMin why target was missed, and steps MPC will take to achieve it going forward
 "What RBI's letter to govt on missing inflation target is likely to contain")
Huge treasury loss staring at banks in June quarter
Will the RBI step in again to the rescue of the banks and ensure smooth sailing of the government's record borrowing plan this year?
 "Huge treasury loss staring at banks in June quarter")
Top Headlines: GST e-invoicing for firms, corporate earnings in FY23 & more
The central government is planning to make GST e-invoicing mandatory for companies with a turnover of Rs 5 crore and above, a government official said. Read more on this in our top headlines
 "Top Headlines: GST e-invoicing for firms, corporate earnings in FY23 & more")
New project investments hint at road to normalcy, touch Rs 3.57 trn in Q1
Around Rs 87,000 crore worth of projects were completed in June 2022
 "New project investments hint at road to normalcy, touch Rs 3.57 trn in Q1")
Wait and watch: Industry players on 1% TDS on crypto investments in India
The 1 per cent TDS will be levied on payments towards virtual digital assets or cryptocurrencies beyond Rs 10,000 in a year, according to the Section 194S in the I-T Act (as per the Finance Act, 2022)
 "Wait and watch: Industry players on 1% TDS on crypto investments in India")
Cryptocurrencies are a 'clear danger': RBI governor Shaktikanta Das
Indian fintech industry value projected to hit $150 bn by 2025
Cryptocurrencies a clear danger to financial systems, says RBI Governor
Anything that derives value based on make believe, without any underlying, is just speculation under a sophisticated name, says Shaktikanta Das
 "Cryptocurrencies a clear danger to financial systems, says RBI Governor")
