Page 425 - Economy

Would like inflation elephant to return to forest, stay there: RBI Guv Das

RBI monetary policy: In no hurry to cut repo rate, MPC keeps status quo; retains FY25 growth, inflation forecasts

Monetary policy: 'Real rates do matter, inflation must align with target'

Reserve Bank of India Governor Shaktikanta Das and Deputy Governor Michael Patra responded to a host of queries in the post-policy interaction with the media. Edited excerpts:

RBI wants inflation elephant in the forest. Can pricier oil bring it back?

After witnessing sustained moderation, cost push pressures faced by firms, the RBI said, are showing upward bias

Monetary policy review: RBI rejigs quarterly GDP growth forecasts for FY25

Rural demand catching up, consumption expected to support economic growth in FY25, says RBI governor

India's forex kitty jumps $2.9 billion to new high of $645.6 billion

Das says confident of meeting external financing requirements

In foreign direct investment, China's loss is not India's gain: OECD data

It's other countries that are mopping up what would have gone to China

Average salary hike in India likely to be 8-11% this year: Randstad India

The junior professionals are likely to outshine senior professionals in terms of salary hike percentage

REs must accord highest priority to governance, compliance: RBI Governor

Attempts to clear impression about widespread action; curbs only against outliers for major breaches

Need huge pool of company secretaries to manage capital flow: ICSI chief

To sustain 8 per cent GDP growth, the huge infrastructure development will continue, the manufacturing sector will be boosted and exports will be increased through the global supply chain, he said

Consumer confidence in India at more than four-year high, RBI survey shows

The 'future expectations index', which judges consumer sentiment for the upcoming 12 months, also improved to its highest since mid-2019, the survey showed

India's forex kitty jumps $2.95 bn to new all-time high of $645.58 bn

The country's forex kitty had in September 2021 reached an all-time high of $642.453 billion

India-EFTA agreement aligns tariff concessions with investment promotion

In exchange for tariff reduction, EFTA countries will increase foreign investments in India

India building up gold reserves as part of forex deployment: RBI Guv Das

He did not give any specifics on the quantum of gold buys, but pointed to the official data which shows an increase in the value of gold reserves

RBI monetary policy highlights: Last mile of disinflation is always challenging, sticky, says Governor Das

RBI MPC highlights: Catch all the highlights related to RBI's Monetary Policy Committee announcements here

RBI MPC: Here are the major announcements made by Governor Shaktikanta Das

The Reserve Bank of India put the estimated real GDP growth for FY25 at 7 per cent

India to stop importing urea by end of 2025, says Mansukh Mandaviya

He noted that India needs around 35 million tonnes of urea annually to meet domestic demand

Subramanian's remark on 8% growth projection for India not ours, says IMF

Subramanian, at a event in New Delhi on March 28, had said Indian economy could grow at 8 per cent till 2047, if the country redoubles the good policies

Govt aims 7-fold jump in wheat procurement from UP, Rajasthan, Bihar

Since October, the Centre has been working with these three states to increase the procurement level

India has given over $1 bn to private firms under PLI scheme: Official

The 1.97-trillion-rupee ($24 billion) production-linked incentive scheme (PLI) is India's key industrial policy and covers 14 sectors ranging from electronic products to drones

Ahead of 2024 Lok Sabha elections, taming food prices govt's priority

Food prices have a direct bearing on poll preferences of the voter and in the past there have been instances when governments have been voted out due to rising food inflation