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Page 392 - Economy

RBI will act only if inflation stays put at 4%, says Governor Das

The RBI is capable of handling the additional fund flows that will come in because of the country's inclusion in the J P Morgan bond indices, Das said

RBI will act only if inflation stays put at 4%, says Governor Das
Updated On : 07 Jun 2024 | 4:38 PM IST

RBI likely to reduce key repo rate when inflation stabilises: India Inc

The central bank also retained its projection for retail inflation at 4.5 per cent for the current fiscal assuming a normal monsoon, while emphasising that uncertainties related to food price outlook

RBI likely to reduce key repo rate when inflation stabilises: India Inc
Updated On : 07 Jun 2024 | 4:14 PM IST

Decoded: Why does the RBI keep gold abroad and why has it got some back?

With the transfer of around 100 metric tonnes of gold from the UK last week, India's gold reserves are now evenly distributed, with 400 tonnes each in India and abroad

Decoded: Why does the RBI keep gold abroad and why has it got some back?
Updated On : 07 Jun 2024 | 4:14 PM IST

AAR rules 18% GST on infant food containing milk, other ingredients

Rajasthan authority for advance rulings observed that the primary product manufactured by the company is infant milk formula which includes cereals and protein supplements

AAR rules 18% GST on infant food containing milk, other ingredients
Updated On : 07 Jun 2024 | 2:58 PM IST

RBI MPC highlights: Last mile of our journey towards 4% inflation target is sticky, says Governor

RBI MPC Meeting highlights: RBI Monetary Policy Committee (MPC) kept the repo rate unchanged at 6.5% for the eight consecutive time and will continue with its stance of 'withdrawal of accommodation.'

RBI MPC highlights: Last mile of our journey towards 4% inflation target is sticky, says Governor
Updated On : 07 Jun 2024 | 2:35 PM IST

RBI brings gold reserve to India; nothing more should be read into it: Das

The quantum of gold stored outside was static for a long time, Reserve Bank of India Governor Das said here

RBI brings gold reserve to India; nothing more should be read into it: Das
Updated On : 07 Jun 2024 | 2:34 PM IST

Voices for interest rate cut growing within RBI's rate-setting panel

Reserve Bank's monetary policy committee voted for a status quo in repo rate with four members voting in favour and two against

Voices for interest rate cut growing within RBI's rate-setting panel
Updated On : 07 Jun 2024 | 1:16 PM IST

RBI monetary policy: FY25 growth forecast revised to 7.2%, up from 7%

Monetary Policy Committee keeps repo rate unchanged at 6.50% for an eighth straight policy meeting

RBI monetary policy: FY25 growth forecast revised to 7.2%, up from 7%
Updated On : 07 Jun 2024 | 12:03 PM IST

Assessing need for more measures to slow unsecured lending: RBI Guv Das

The Reserve Bank of India has warned lenders against "all forms of exuberance" due to worries about the rising risks

Assessing need for more measures to slow unsecured lending: RBI Guv Das
Updated On : 07 Jun 2024 | 12:00 PM IST

Repo rate unchanged for 8th time, GDP raised: 5 key takeaways from RBI MPC

The decision to maintain the repo rate and raise the GDP forecast was made during the Monetary Policy Committee meeting held between June 5 and June 7

Repo rate unchanged for 8th time, GDP raised: 5 key takeaways from RBI MPC
Updated On : 07 Jun 2024 | 11:55 AM IST

Forex reserves hit record high of $651.5 bn as of May 31: RBI Governor

Overall, we remain confident of meeting our external financing requirements comfortably, he says

Forex reserves hit record high of $651.5 bn as of May 31: RBI Governor
Updated On : 07 Jun 2024 | 11:48 AM IST

RBI keeps repo rate unchanged, hikes FY25 GDP growth forecast: Details here

The RBI MPC maintained its 'withdrawal of accommodation' stance and kept the repo rate unchanged at 6.5 per cent. The RBI revised FY25 GDP growth forecast to 7.2 per cent

RBI keeps repo rate unchanged, hikes FY25 GDP growth forecast: Details here
Updated On : 07 Jun 2024 | 11:46 AM IST

World Food Safety Day 2024: Prepare for the unexpected

Ensuring food safety is a public health priority and an essential step towards achieving food security

World Food Safety Day 2024: Prepare for the unexpected
Updated On : 07 Jun 2024 | 10:56 AM IST

RBI monetary policy: When and where to watch the governor's announcement?

RBI Monetary Policy Committee meeting LIVE updates: Economists expect the central bank to maintain the repo rate at 6.5 per cent for the eighth consecutive time

RBI monetary policy: When and where to watch the governor's announcement?
Updated On : 07 Jun 2024 | 9:05 AM IST

CCI draft regulations: Company commitments to be closely watched

The monitoring agencies may include an accounting firm, management consultancy, any other professional organisation or chartered accountants, company secretaries or cost accountants

CCI draft regulations: Company commitments to be closely watched
Updated On : 07 Jun 2024 | 12:05 AM IST

India Inc wants new govt to create jobs, control inflation: BS CEO poll

Business honchos say focus should also be on infrastructure and health care

India Inc wants new govt to create jobs, control inflation: BS CEO poll
Updated On : 06 Jun 2024 | 11:55 PM IST

Shifting sands: How India's fuel pricing policy evolved over the years

India's progress with decontrol of fuel prices derailed in May 2022-after 12 years, three governments and two reform-driven Prime Ministers-when petrol and diesel rates surged

Shifting sands: How India's fuel pricing policy evolved over the years
Updated On : 06 Jun 2024 | 11:44 PM IST

India is at an inflection point in technological innovation: Experts

The startup ecosystem, a key to India's technological innovation, must work in tandem with the three key functions - government, industry, and academia, said Sanjeev Gupta, KDEM

India is at an inflection point in technological innovation: Experts
Updated On : 06 Jun 2024 | 11:37 PM IST

Special status to Bihar, Andhra Pradesh may open 'Pandora's box': Experts

Chandrababu Naidu's TDP had left the NDA in 2018 on denial of its special status demand for Andhra

Special status to Bihar, Andhra Pradesh may open 'Pandora's box': Experts
Updated On : 06 Jun 2024 | 11:18 PM IST

RBI buys back Rs 7,287 crore bonds against notified Rs 30,000 crore

The RBI has repurchased a total of Rs 24,979 crore worth of securities in four auctions, against a total notified amount of Rs 1.7 trillion

RBI buys back Rs 7,287 crore bonds against notified Rs 30,000 crore
Updated On : 06 Jun 2024 | 10:40 PM IST