Page 31 - Latest Updates on Shaktikanta Das
Govt won't offer tax waivers to be part of global bond index sooner
Under existing rules, an overseas investor is required to pay a short-term capital gains tax of 30% if a listed bond is sold within 12 months
 "Govt won't offer tax waivers to be part of global bond index sooner")
FPIs jettison some sectors twice as fast the overall rate of outflows
Some got incremental inflows even amid the exodus, reveals fortnightly depository data
 "FPIs jettison some sectors twice as fast the overall rate of outflows")
MPC minutes flag inflation worry; aim to bring CPI within target band by Q4
CPI inflation was 7.04% in May. In its June policy review, the MPC raised repo rate by 50 bps to 4.9%, taking the total tally of rate hikes since May to 90 bps
 "MPC minutes flag inflation worry; aim to bring CPI within target band by Q4")
Targeting 'soft landing' for economy: RBI governor Shaktikanta Das
He countered arguments that the central bank should have acted early to tackle the price rise and that it was behind the curv
 "Targeting 'soft landing' for economy: RBI governor Shaktikanta Das")
Top headlines: One dies in Agnipath protests, RBI defends policy pace
Business Standard brings you the top headlines this hour
 "Top headlines: One dies in Agnipath protests, RBI defends policy pace")
RBI not behind curve, focus on inflation target could have been risky: Das
I feel that we are very much in line with the requirements of our time, the RBI has acted proactively: Shaktikanta Das
 "RBI not behind curve, focus on inflation target could have been risky: Das")
Will issue guidelines to make digital lending ecosystem safer: RBI Guv
Speaking on inflation, Guv Das said that had the monetary policy been tighter, the economic damage would have been enormous
CAD will be sustainable, can be financed by normal capital inflows: RBI Guv
The number of unicorns, or new businesses valued at over $1 billion, is rising rapidly
 "CAD will be sustainable, can be financed by normal capital inflows: RBI Guv")
Businesses should avoid short-term reward-seeking culture: Shaktikanta Das
Das said doing business involves risk taking. But before taking the risk, the upside and downside will have to be carefully considered
RBI is getting its way on policy rates. But how long will this last?
It will be interesting to see if Shaktikanta Das can keep his political masters in good humor. Or if his relationship with the government - like that of his two predecessors - will also start to fray
 "RBI is getting its way on policy rates. But how long will this last?")
Opt for 3- to 6-month fixed deposits for now; lock in at higher rates later
Home loan borrowers must pre-pay, or opt for higher EMI, to prevent loan tenure from rising
 "Opt for 3- to 6-month fixed deposits for now; lock in at higher rates later")
'We expect a hike in deposit rates', says RBI Governor Shaktikanta Das
'With regard to breaching the inflation target framework, we will deal with it as and when the situation arises'
 "'We expect a hike in deposit rates', says RBI Governor Shaktikanta Das")
Most e-lending apps not registered with RBI: Governor Shaktikanta Das
The RBI website has a list of apps that are registered with it on the website, the governor said
 "Most e-lending apps not registered with RBI: Governor Shaktikanta Das")
RBI monetary policy: Missing inflation mandate now a 'fait accompli'
Consumer price index-based inflation, the yardstick of the RBI in monetary policy making, was, on average, above 6 per cent during the January-March quarter
 "RBI monetary policy: Missing inflation mandate now a 'fait accompli'")
RBI allows credit cards to be linked to UPI; marks shift from 'pay now'
Initially, home-grown card network Rupay Credit cards will be linked with UPI
 "RBI allows credit cards to be linked to UPI; marks shift from 'pay now'")
Expect current account deficit to remain at sustainable level: RBI Governor
The current account deficit (CAD) will remain at a sustainable level and the normal flows will help the Reserve Bank of India (RBI) to finance it, Governor Shaktikanta Das said on Wednesday.
 "Expect current account deficit to remain at sustainable level: RBI Governor")
Up to govt to decide on supply-side measures to contain inflation: RBI Guv
RBI Governor Shaktikanta Das said the government is "mindful" of the current inflation situation, and it is up to the Centre to take further supply-side measures to contain the price rise situation
EMIs to rise as RBI hikes repo rate by 50 bps, signals more increase
The increase in lending rate or the repurchase rate (repo) by 50 bps -- the biggest in more than a decade -- to 4.90 per cent comes on the back of a 40 bps hike last month
 "EMIs to rise as RBI hikes repo rate by 50 bps, signals more increase")
I am sure govt is mindful of inflation situation: RBI Governor Das
RBI Guv Shaktikanta Das on Wednesday said the govt is "mindful" of the current inflation situation, and it is up to the Centre to take further supply-side measures to contain the price rise situation.
RBI bats for cut in state taxes on petrol, diesel to ease inflation
Further reduction of State VATs on petrol and diesel across the country can certainly contribute to softening of the inflationary pressures as well as expectations: Shaktikanta Das