Wholesale price based inflation declined to a 3-month low of 1.89 per cent in November on cheaper food items, and experts predicted a 0.25 per cent interest rate cut by the RBI in the policy review in February. The Wholesale
‘RBI supervision is much sharper today than what it was earlier.’ IMAGE: Shaktikanta Das leaves the Reserve Bank of India after two terms as governor. Photographs: ANI Photo Outgoing Reserve Bank of India Governor Shaktikanta Das spoke of how
‘The central bank has highlighted that the slowdown in growth has been limited to a few sectors and overall growth is expected to pick up in the second half of the year.’ IMAGE: Reserve Bank of India Governor Shaktikanta Das,
It will be the second Budget of the Modi 3.0 government and the eighth straight Budget for Nirmala Sitharaman, rare in Indian polity. IMAGE: Finance Minister Nirmala Sitharaman addresses the Credit Outreach Programme in Madhubani, November 30, 2024. Photograph: ANI
The Reserve Bank on Friday raised the inflation projection for current fiscal year to 4.8 per cent from 4.5 per cent with Governor Shaktikanta Das saying lingering food price pressures are likely to keep headline inflation elevated in the December
To ease the potential liquidity stress, the Reserve Bank on Friday slashed Cash Reserve Ratio (CRR) by 50 basis points to 4 per cent, a move that would unlock Rs 1.16 lakh crore bank funds. The RBI on May 4,
