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Thursday, December 19, 2024 | 05:44 PM ISTEN Hindi

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Inflation kept at 6% or below despite adverse circumstances, says FM

Finance Minister Nirmala Sitharaman welcomes RBI decision, says it has taken a 'good call'

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Union Finance Minister Nirmala Sitharaman on Thursday said the inflation has been kept at six per cent or below despite adverse circumstances as a result of the Covid-19 pandemic and the Russia-Ukraine conflict.

Price rise is a matter on which the Centre is very sensitive and responsive, she said.

 

Sitharaman said the pandemic and the conflict had a bearing on the prices of commodities which India import, adding that the government has taken measures including giving subsidies.

Will you compare the situation prevailing everywhere, particularly after Covid, particularly after Russia and Ukraine war? The (prices of) commodities we import are all

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Market Breadth fairly positive; 102 stocks hit 52-week high

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Rate sensitive shares gain up to 3% as RBI keeps repo rate unchanged

Shares of rate sensitive sectors such as financials including banks, non-banking financial companies (NBFCs) and housing finance companies (HFC), real estate and automobiles were trading firm after the Reserve Bank of India (RBI) on Thursday kept the repo rate unchanged at 6.5 per cent.

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RBI to set up portal to search across multiple banks for unclaimed deposits

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Topics : AstaGuru

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First Published: Apr 06 2023 | 5:21 PM IST

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