The Australian Parliament on Monday ratified the Economic Cooperation and Trade Agreement (ECTA) with India, paving the way for implementing the deal as early as January 1, 2023
Swap rates decline post fall in US, India inflation
RBI Monetary Policy Live update: This would be the fourth hike in the policy repo rate by the Reserve Bank of India, which is currently at 5.4%
The current account deficit remains uncomfortably high as India's growth momentum outpaces the rest of the world.
Currency trades in a narrow zone; ends the day at 77.71 against dollar
While the RBI's monetary policy committee kept rates steady in its recent policy review in April, UBS expects the Indian central bank to hike rates starting June 2022
The Reserve Bank of India kept the key policy rates unchanged in its monetary policy review, surprising most experts who were betting on a reverse repo rate hike. Find out what the status quo mean
The rates represent a particular stance with regard to the monetary policy and the committee decided to continue with the accommodative stance, said RBI Governor Shaktikanta Das
RBI has announced the decision of the MPC to keep the major policy repo rate at 4 per cent and reverse repo rate at 3.35 per cent unchanged
The key message from the December meeting is that monetary policy remains fully geared towards growth
The RBI stopped the Government Securities Acquisition Programme (G-SAP), through which it has infused Rs 2.2 trillion of liquidity in the system
The RBI has calendarized its VRRR auction and stands ready to enhance its duration. This is the first sign of preparing the market for an eventual increase in the reverse repo rate.
Reserve Bank of India (RBI) is likely to retain the benchmark interest rate at the existing levels at its upcoming monetary policy review, feel experts
The amendments come just days after the RBI won approval from the government to retain its 2-6 per cent inflation target range for the next five years
As growth recovers, the MPC said inflation would moderate towards the range 4.5-5.4 per cent in the remainder of FY21.
RBI Governor Shaktikanta Das had earlier said although there was headroom for further monetary policy action, it was important to keep "our arsenal dry and use it judiciously."
RBI took cognizance of the difficult situation amid the global coronavirus crisis and announced a number of measures for the export and import sector
While the repo rate remained at 5.15 per cent and the stance "accommodative", the central bank said there would be rate cuts as and when opportunity came
Extends restructuring window for MSME loans, DCCO of project loans for commercial realtors
While the FM seems to have left the fiscal scenario in better shape than it appears to have been through most of this year, she has had to eschew any plans to revive investments