'Signs are very encouraging' are for the Indian economy, he says in an interview
'Monetary and fiscal policies have to work in tandem; importing Russian oil part of inflation management'
Reserve Bank of India on Tuesday launched the next round of household surveys to capture inflation expectations and consumer confidence. The results of the survey provide useful inputs for monetary policy, the central bank said. The September 2022 round of Inflation Expectations Survey of Households (IESH) aims at capturing subjective assessments on price movements and inflation, based on their individual consumption baskets, across 19 cities. The IESH seeks qualitative responses from households on price changes in the three months ahead as well as in the one-year ahead period and quantitative responses on current, three months ahead and one year ahead inflation rates. The households to be covered under the survey in the cities include Ahmedabad, Bhubaneswar, Chennai, Delhi, Guwahati, Jammu, Kolkata, and Thiruvananthapuram. Consumer Confidence Survey (CCS) to be conducted in 19 cities seeks qualitative responses from households, regarding their sentiments on general economic ...
After a short-lived reprieve from June lows, equity markets again seem to be on a downward slope as central banks remain firm on monetary policy tightening. What does this fall mean for investors?
After a short-lived reprieve from June lows, equity markets again seem to be on a downward slope as central banks remain firm on monetary policy tightening. What does this fall mean for investors?
He said issues such as climate change and employment are peripheral to the central bank mandate and could be better dealt with direct polices.
Unlike many advanced economies right now, China's core inflation -- which excludes volatile energy and food prices -- is pretty tame, slowing to merely 0.8% in July
India's economy is predicted to overtake that of the US by 2048, said Patra
As inflationary pressures unbind, corporate earnings growth will draw level, says Vinit Sambre, head-equities, DSP Investment Managers
Using different models, the paper estimates the degree of pass-through of monetary policy to bank lending rates under both the base rate and the MCLR regimes using dynamic panel data regression.
The interest rate hike comes after the Reserve Bank of India's (RBI's) six-member monetary policy committee (MPC) raised the benchmark repo rate by another 50 bps to 5.40 per cent last week
A 50-bps hike on a Rs 50 lakh loan of 20-year tenure would increase the EMI by Rs 1,545
With regard to repo rate actions, if you look at other central banks, 50 bps has become the new normal. And, quite a number of central banks are hiking rates by 75-100 basis points: Shaktikanta Das
To us, the important emphasis was on external stability, which the RBI has clearly placed a lot of importance on
The 30-share BSE benchmark climbed 227.89 points to 58,526.69 in early trade. The broader NSE Nifty advanced 64.35 points to 17,446.35
A rise of one basis point in the 10-year bond yield corresponds to a fall of roughly 7 paise in price
Latest news Live updates: Former Congress chief Rahul Gandhi, Priyanka Gandhi Vadra, K C Venugopal, Adhir Ranjan Chowdhury and Gaurav Gogoi were among the MPs detained
Bharat Bill Payment System (BBPS), under the aegis of the RBI, allows recurring utility bill payments through an integrated platform
The Reserve Bank of India (RBI), on Friday, hiked the repo rate by 50 basis points for the second consecutive time to 5.4 per cent
Ahead of the RBI MPC's statement today, while market participants are certain about a rate hike, there are also growing calls for a shift in the central bank's stance. Read more in our top headlines