Page 29 - Latest Updates on Shaktikanta Das
RBI MPC meeting begins amid expectations of 3rd consecutive rate hike
Headed by RBI Governor Shaktikanta Das, the Monetary Policy Committee (MPC) is scheduled to announce its decision on August 5.
 "RBI MPC meeting begins amid expectations of 3rd consecutive rate hike")
RBI Policy: How has inflation fared since the last monetary policy meeting?
Ever since the RBI MPC started to hike the repo rate in May, CPI inflation has eased from 7.79 per cent in April to 7.01 per cent in June
 "RBI Policy: How has inflation fared since the last monetary policy meeting?")
RBI MPC preview: Das and Co may hike repo rate by 25-50 bps in August
If the inflation remains above 6% on average for the next three months, the RBI will have to explain to the govt in writing the reasons for its failure to keep the rate of price rise in check
 "RBI MPC preview: Das and Co may hike repo rate by 25-50 bps in August")
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")