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Tag: Reserve Bank of India (RBI)
10 Results
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WPI Food Index increased from 5.52 pc in April to 7.40 pc in May
Economists often say a little rise in wholesale inflation is good as it typically incentivizes goods manufacturers to produce more.
June 14, 2024 -
Stock markets gain 3 per cent as political stability returns
The BSE Sensex hit a fresh all-time high of 76,795.31 while the Nifty reached a record high of 23,338.70.
June 8, 2024 -
RBI likely to leave interest rates unchanged
The RBI’s Monetary Policy Committee (MPC) meeting being held from June 5 to 7, which is taking stock of the economic situation, is expected to stick to the current 6.5 per cent repo rate.
June 6, 2024 -
RBI MPC meets amid concerns of inflation, rate cut unlikely say economists
If the interest rate remains untouched again on June 7, it would be the eighth time for the RBI to maintain the status quo on the benchmark repo rate.
June 5, 2024 -
India’s forex reserves decline USD 2 billion and come off record highs
Preceding those three weeks, the forex kitty had seen three consecutive weeks of decline.
June 2, 2024 -
Expect high dividend payments by RBI to government to continue: SBI Research
RBI reported a 141 per cent rise in its net income last fiscal, paving the way for the announcement of a record dividend.
May 31, 2024 -
RBI’s dividend transfers to ease near-term deposit accretion woes; Medium-term structural challenges will continue
However, banks will continue to face structural challenges related to deposit growth in the medium to long term.
May 30, 2024 -
India and China added 60 percent of global central bank gold purchase in March
In India RBI's gold holdings rose to a record high of 822.1 tons by the start of April representing an 18.5 tons net acquisition since the beginning of the year.
May 4, 2024 -
Nifty faces selling pressure after making new high
Volatility index India VIX rose sharply by 8 per cent at 14.62, indicating cautiousness in the market. Barring Pharma and Healthcare, all sectors ended in red.
May 3, 2024 -
Indian economy remains in bright spot: Ministry of Finance
Many international organisations assert India's pivotal role in determining the growth path of Asia in the coming years, the review report said.
April 28, 2024
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