Page 30 - Latest Updates on Shaktikanta Das
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
 "Inflation may ease gradually in 2nd half of fiscal, says RBI Governor Das")
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.
 "RBI Governor asks states to find out effective ways to address debt issues")
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")
Central banks need stronger communication in turbulent times: RBI governor
Even short-term forecasting has become a challenge due to pandemic, says Shaktikanta Das
Proper interpretation of data necessary for informed decision making: Das
Das said lockdowns in various countries, including India, posed severe challenges to compilation and availability of data relating to the spread of the pandemic, and its impact on various economies
Public sector banks request RBI on bond portfolios as yields harden
At its policy review in April, the RBI had increased the limit on HTM portfolios to 23 per cent of net demand and time liabilities till March 31, 2023
 "Public sector banks request RBI on bond portfolios as yields harden")
What is the shape of India's economic recovery?
Sales of two-wheelers have nosedived. FMCG is struggling due to weak demand. But the aviation sector is seeing a jump in traffic. Take a dive into the key sectors to find out how the economy is revivi
 "What is the shape of India's economic recovery?")
Top headlines: Parameswaran is new NITI CEO, Toyota to deepen ties in India
India's central bank is on course to bring down prices but the retail inflation rate is likely to remain above the top end of its mandated target band until December, Governor Shaktikanta Das said
 "Top headlines: Parameswaran is new NITI CEO, Toyota to deepen ties in India")
Inflation likely to exceed top of RBI band until December: Shaktikanta Das
India's central bank is on course to bring down prices but the retail inflation rate is likely to remain above the top end of its mandated target band until December, Governor Das said in an article
RBI may have boosted forwards intervention to slow rupee fall, save reserve
The Reserve Bank of India has run down its forward-dollar book by $12 billion to $15 billion from about $64 billion at the end of April
 "RBI may have boosted forwards intervention to slow rupee fall, save reserve")