TAG: Shaktikanta Das
RBI to undertake study after May to assess India’s potential growth
The Reserve Bank of India (RBI) will undertake a study to assess India’s potential growth and real growth rate after the estimate of national income for 2023-24 is released at the end of May, RBI Governor Shaktikanta Das said on Friday.“We will undertake...
6 months ago
RBI MPC Highlights: Here are the key takeaways
1/9 RBI to keep rates unchanged by a 5:1 majority. (Image: PTI) 2/9 RBI maintains a stance of 'withdrawal of accommodation', says RBI governor Shaktikanta Das. (Image: ANI) 3/9 Core inflation has declined steadily, notes RBI; MPC must actively...
6 months ago
Moneycontrol Pro Panorama | The unbearable weight of food inflation
Dear Reader,The Panorama newsletter is sent to Moneycontrol Pro subscribers on market days. It offers easy access to stories published on Moneycontrol Pro and gives a little extra by setting out a context or an event or trend that investors should keep tr...
2 months ago
RBI Governor urges banks to monitor credit-deposit gap to avoid liquidity issues
Indian banks need to carefully monitor the gap between credit and deposit growth to avoid a potential structural liquidity issue, the governor of the Reserve Bank of India (RBI) said on Tuesday."Young Indians are aspirational. They get attracted to differ...
1 month ago
RBI MPC to have new faces: PM Modi-led panel to appoint new external members by October
RBI MPC latest news: The Narendra Modi government is in process of appointing new external members to the Monetary Policy Committee of the Reserve Bank of India, multiple media reports said on Friday.The appointments will be finalised ahead of the October...
1 month ago
Q1FY25 growth slightly lower at 6.7% due to dip in govt expenditure and agriculture growth: RBI Guv Das
Reserve Bank of India (RBI) Governor Shaktikanta Das addressed the first quarter growth figures for the current financial year, noting that while the RBI had projected a growth rate of 7.1 percent, the actual figure reported by the National Statistical Of...
1 month ago
India has potential to grow at 7.5% or above, says RBI governor Das
India has the potential to grow at 7.5 percent or more, Reserve Bank of India (RBI) governor Shaktikanta Das has said, which is a little above the central bank's full-year forecast for 2024 of 7.2 percent."I think India's potential growth today... is abou...
1 month ago
As inflation softens, will RBI cut rates?
The election season is nearly underway as polling begins in J&K on September 18, Haryana goes to polls on October 5, followed by Maharashtra and Jharkhand in the coming months. This, while prices of onions and potatoes are still off the charts - onion...
4 weeks ago
Shaktikanta Das tames volatile Rupee with $689 billion in forex reserves
India’s central bank chief Shaktikanta Das has pulled off a rare balancing act: Clamping down on volatility in the rupee while allowing it to drift lower to aid Prime Minister Narendra Modi’s export ambitions.The Reserve Bank of India’s foreign-exchange r...
3 weeks ago
Three reasons why October RBI MPC is crucial
The upcoming monetary policy may be one of the most important and interesting one to note for the country.Will it be a unanimous decision to hold rates at the current level with the new monetary policy committee? Will we track the US market on rate cuts l...
1 week ago