monetary policy committee

New Delhi, April 8 Investors' wealth swelled by ₹16.25 lakh crore on Wednesday, mirroring a sharp rally in the stock market where the BSE Sensex jumped nearly 4 per cent, after the US and Iran announced a two-week ceasefire.Rising for the fifth day in a row, the 30-share BSE Sensex jumped...

The Reserve Bank of India has maintained interest rates at 5.25 percent. Announcing the first bi-monthly monetary policy for the current fiscal, RBI Governor Sanjay Malhotra stated that the Monetary Policy Committee has unanimously decided to keep the repo rate at 5.25 percent with a neutral...

Mumbai, April 8 – The Sensex and Nifty benchmark indices traded sharply higher on Wednesday afternoon, in line with a strong rally in global markets and a drop in crude oil prices following the announcement of a two-week ceasefire by the US and Iran.The 30-share BSE Sensex jumped 2,988.82...

Mumbai, April 8 The rupee appreciated by 50 paise to 92.56 against the US dollar in early trading on Wednesday, following US President Donald Trump's announcement of a two-week suspension of military strikes against Iran.Forex traders said the announcement of a two-week ceasefire triggered a...

New Delhi, April 6 Finance Minister Nirmala Sitharaman said on Monday that India has fiscal space to support sectors affected by the escalating West Asia crisis, while the Reserve Bank has room to cut interest rates to deal with global challenges.The Monetary Policy Committee, headed by the...

April 06, New Delhi: The Reserve Bank of India’s Monetary Policy Committee (MPC) meeting is scheduled to begin on Monday, with investors and economists closely monitoring for signals regarding interest rates and inflation outlook.The meeting is taking place amid heightened global uncertainty...

Mumbai, April 5 The Reserve Bank is likely to keep the benchmark policy repo rate unchanged at 5.25 per cent in the April monetary policy review meeting, as the West Asia crisis is likely to push up inflation, according to economists.The continuing geopolitical tensions in West Asia...

New Delhi, March 25 The government on Wednesday asked the Reserve Bank to maintain retail inflation at 4 per cent with a margin of 2 per cent on either side for another five years ending March 2031.To control price increases, the government in 2016 gave the RBI a mandate to keep retail...

New Delhi, March 9 The impact of rising global crude prices on inflation is not expected to be substantial at this point, as India's inflation is near the lower bound, Finance Minister Nirmala Sitharaman said on Monday.In response to a written question in the Lok Sabha, Sitharaman said that...

Mumbai, February 25 The chances of the benchmark interest rate going up are "negligible," despite the build-up of inflationary pressure due to geopolitical tensions, said Saugata Bhattacharya, an external member of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC), on Wednesday...