monetary policy

Seoul, April 11 – The South Korean government announced on Saturday that cash assistance for the bottom 70% of income earners will begin being distributed later this month as part of efforts to alleviate the financial strain caused by rising oil prices.The aid will initially be provided to the...

Mumbai, April 10 The Reserve Bank of India (RBI) will conduct a Variable Rate Reverse Repo (VRRR) auction worth Rs 2 lakh crore seven days from Friday."In view of the current surplus liquidity conditions, it has been decided to conduct a VRRR auction on Friday," the central bank said in a...

Washington, April 9 IMF Managing Director Kristalina Georgieva on Thursday urged central banks grappling with the impact of the US-Israel war on Iran to fight inflation even at the cost of growth, arguing that "pain is an unavoidable consequence of any conflict".In her address at the IMF...

Washington, April 9 – A global oil shock linked to the Middle East conflict is set to hit growth and fuel inflation across energy-importing economies, the International Monetary Fund (IMF) Managing Director Kristalina Georgieva warned on Thursday.In her opening speech ahead of the IMF's Annual...

New Delhi, April 9 India has consistently demonstrated remarkable resilience during global crises, not only surviving them but also transforming through the turbulence to emerge stronger, said Shaktikanta Das, Principal Secretary to the Prime Minister, on Thursday.Addressing the AIMA National...

Mumbai, April 8 Bankers described the Reserve Bank's decision to maintain interest rates in its policy review on Wednesday as a prudent and well-calculated measure.Specific measures for individual sectors, such as the removal of the Investment Fluctuation Reserve requirement and easing of CRAR...

Mumbai, April 8 The rupee appreciated by 52 paise to close at 92.54 against the US dollar on Wednesday after US President Donald Trump announced the suspension of military strikes against Iran for two weeks, and the Reserve Bank kept the key benchmark rate unchanged with a neutral stance.Forex...

Mumbai, April 8 The gross non-performing assets (NPAs) ratio of Indian scheduled commercial banks declined further to 2 per cent in December 2025, the Reserve Bank said on Wednesday.Gross NPAs – which represents the proportion of loans unpaid for over 90 days – for the banking system stood at...

Mumbai, April 8 The Reserve Bank on Wednesday decided to discontinue the Investment Fluctuation Reserve (IFR), an additional buffer that banks were required to maintain to protect against depreciation in the value of their investments, as a measure to support the capital adequacy of lenders...

Mumbai, April 8 Indian bond yields ended nearly 0.15 per cent lower on Wednesday, taking comfort from the conditional ceasefire in the West Asia conflict, and the Reserve Bank of India (RBI) maintaining the status quo on policy rates.According to the Clearing Corporation of India (CCIL), the...

Mumbai, April 8 Reserve Bank Governor Sanjay Malhotra expressed confidence on Wednesday that interest rates will remain low in the medium to long term, given the benign inflationary conditions.Addressing the media at a post-monetary policy conference, Malhotra said the Indian economy is very...

Mumbai, April 8 Reserve Bank Governor Sanjay Malhotra on Wednesday termed the ceasefire between the US and Iran as "pleasant news," which was taken into account while making the policy decision hours later."At 5:30 am, we received some pleasant news, perhaps not entirely unexpected," Malhotra...

Kolkata, April 8 Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), S Mahendra Dev, said on Wednesday that the Indian Rupee is expected to stabilize at the 92-93 level against the US dollar, and he expressed optimism that foreign investment flows will improve in the near...

New Delhi, April 8 Stable interest rates on home loans, combined with strong demand from end-users, will help real estate developers sustain sales momentum, said real estate bodies CREDAI and NAREDCO on Wednesday, while praising the RBI's decision to keep the repo rate unchanged.The two...

New Delhi, April 8 The Reserve Bank's decision to maintain the status quo on interest rates is a measured approach to strengthen the macroeconomic environment, given the global headwinds influencing economic sentiment, experts said on Wednesday.The Reserve Bank kept its key policy rate (repo)...

Mumbai, April 8 Reserve Bank Governor Sanjay Malhotra announced on Wednesday that the monetary authority will be introducing a new framework for non-bank lenders in the wake of uncertainty surrounding Tata Sons' listing issue."We are coming up with a new framework for NBFCs. We should be doing...

Mumbai, April 8 The benchmark indices Sensex and Nifty ended nearly 4 per cent higher on Wednesday, following a strong rally in global markets and a drop in crude oil prices, after the US and Iran announced a two-week ceasefire.For the fifth day in a row, the 30-share BSE Sensex jumped...

Mumbai, April 8 The rupee appreciated by 47 paise to close at 92.59 (provisional) against the US dollar on Wednesday after US President Donald Trump announced the suspension of military strikes against Iran for two weeks, and the Reserve Bank kept the key benchmark rate unchanged with a neutral...

New Delhi, April 8 Silver prices surged by Rs 15,028 to Rs 2.46 lakh per kilogram in futures trading on Wednesday, driven by strong global trends and increased investor sentiment following the announcement of a two-week ceasefire by the US and Iran.On the Multi Commodity Exchange, the silver...

Mumbai, April 8 Reserve Bank Governor Sanjay Malhotra expressed confidence on Wednesday that interest rates will remain low in the medium to long term, given the benign inflationary conditions.Addressing the media at a post-monetary policy conference, Malhotra said the Indian economy is very...