The European Central Bank (ECB) must not rush to tighten its monetary policy since the elevated inflation rates look transitory, the bank's President Christine Lagarde said
The month saw 127 deals, 28 per cent higher than last year (92 deals) but 5 per cent lower than the previous month (134 deals)
The low interest rate phase hasn't really helped investors or investment; Covid-19 was actually a supply side shock
Here are the 10 important events, policy decisions that Das undertook after becoming the 25th governor of the RBI on Dec 12, 2018
While it is true that institutions are more important than the person, ideology and approach of Governors of central banks are important
We remain cautious that reviving demand could embolden pricing power, allowing a faster transmission of the supply-side pressures to core inflation
While the share of oil in India's import basket is as much as 22.5% currently, a falling rupee could fuel inflation and take the steam out of low interest rates
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Gandhi also pointed to RBI DG Michael Patra's recent statement, where he made it clear that the central bank will prefer to have a clearly communicated glide path rather than taking any strong actions
The government will have to act swiftly in correcting the protectionist stance and fast-tracking trade agreements, experts said on Tuesday.
'Our collective decision was to record our views through the MPC minutes and not elsewhere,' says Chetan Ghate.
Although the pandemic is unlikely to end immediately, its impact on economic activity would slowly wane
The People's Bank of China will keep monetary policy stable with a good cross-cyclical design and will support high-quality economic expansion with "appropriate money growth," according to a statement
RBI's announcement of liquidity absorption through the variable reverse repo auction was interpreted by the market as an indication of withdrawal from the accommodative stance
In its second-quarter monetary policy implementation report, the People's Bank of China said it would keep liquidity reasonably ample
Growth commentary is more positive than last policy with rural demand expected to be resilient, exports expected to continue to do well and pick-up in the long awaited capex cycle
Live updates: Monetary policy committee's decisions being read out by RBI governor Shaktikanta Das
This was the seventh consecutive occasion when the central bank maintained a status quo on policy rates
Policy makers voted 5-1 in favor of keeping the stance accommodative, a departure from the past when they were unanimous on the need to support growth amid the pandemic.
The RBI on Friday raised the retail inflation projection for the current fiscal to 5.7 per cent on account of supply side impediments, firm crude oil prices and higher cost of raw materials.