From TDS levy on cryptocurrencies to GST rate of over 200 items staying the same, here are the top headlines on Thursday morning
The rate-setting committee has increased the policy repo rate by 90 basis points in May and June, to 4.9 per cent
In India, RBI's Monetary Policy Committee had raised the repo rate by 50 basis points early this month. But ever wondered who all are part of this committee and what is its mandate? Let us find out.
Fitch Ratings said the Reserve Bank is likely to raise interest rates further to 5.9 per cent by December 2022, on deteriorating inflation outlook
Arvind Chari, chief investment officer, Quantum Advisors explains the ramification of the RBI’s policy announcements for fixed-income investors in an interview with Sanjay Kumar Singh >
ICICI, BoB take the lead; Kotak Bank ups deposit rates
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
Exporters, and low debt, non-capital-intensive businesses should do better
The Indian central bank has now gone back to the familiar script, in line with the global central banks
Ramani Sastri, chairman and managing director (MD) of real estate firm Sterling Developers, said interest rates impact the cost of doing business
'With regard to breaching the inflation target framework, we will deal with it as and when the situation arises'
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
The RBI monetary policy committee, in its policy review, decided to permit the rural cooperative banks (RCBs) to finance residential real estate projects
The repo rate before the pandemic came was 5.15%
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
Bankers hailed the Reserve Bank's monetary policy focus on taming inflation and said the move reflects RBI's continued effort towards non-disruptive trade-off between price stability and growth
RBI's repo rate hike spells bad news for those who were looking to buy a home and also for those who are paying their EMIs
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The MPC pitched for a high number of 50 bps, which is significant because if combined with the inflation forecast, it indicates that more hikes are coming
Citing the aggressive wording to tame inflation, analysts expect the Reserve Bank to deliver more rate hikes during the current fiscal and take key policy rates to well above the pre-pandemic levels