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REVEALED: 47 - The Real Truth

Forex reserves down by $1.763 billion to $630.19 billion

MUMBAI: The country's foreign exchange reserves declined by $1.763 billion to $630.19 billion in the week ended on February 11, the RBI data showed.

The Times of India

Interest rates are unlikely to go any lower, signals RBI

MUMBAI: The Reserve Bank of India (RBI) on Wednesday indicated that interest rates have bottomed out and yields are inching up in debt instruments as well as deposits, in clear indications that there may not be any rate cuts in the near future.

The Times of India

Tenuous tack: On RBI’s policy stance

The RBI must be ready to recalibrate its inflation projections and shift policy stance

The Hindu

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Budget 2022-23 proposals, recent monetary policy set tone for broad-based economic revival: RBI

MUMBAI: The 2022-23 budget proposals and the recent monetary policy announcements have set the tone for a durable and broad-based economic revival which has started gaining traction as the nation emerges from the third wave of the Covid-19 pandemic, according to an RBI article.

The Times of India

Morning Digest | Cryptocurrencies akin to Ponzi schemes, says RBI; India driving force of Quad, says White House, and more

A select list of stories to read before you start your day

The Hindu

Cryptocurrencies threaten financial sovereignty, need to be banned: RBI deputy governor

MUMBAI: Making a strong case for banning cryptocurrencies, Reserve Bank deputy governor T Rabi Sankar on Monday said they are even worse than Ponzi schemes and threaten the financial sovereignty of a country.

The Times of India

Cryptocurrencies akin to Ponzi schemes, says RBI Deputy Governor

Last week, RBI Governor Shaktikanta Das also delivered a stark warning against investing in cryptocurrencies

The Hindu

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Retail inflation rises to 7-month high of 6.01% in January

NEW DELHI: Retail inflation based on consumer price index (CPI) accelerated to 6.01 per cent in January, data released by government showed on Monday.

The Times of India

RBI to observe financial literacy week during Feb 14-18

The Reserve Bank of India (RBI) will observe 'financial literacy week' during February 14-18, in order to propagate financial education messages among the public across the country.

Dynamite News

Frozen by uncertainty: On RBI and its mandate to ensure price stability

RBI has forsaken its mandate of ensuring price stability to give an impetus to the economy

The Hindu

In current times, monetary and fiscal policies cannot be a 'question of either or': Shaktikanta Das

MUMBAI: Defending the long pause in interest rate hike and the continuing accommodative stance, Reserve Bank of India (RBI) governor Shaktikanta Das on Thursday said in current times, "monetary and fiscal policies cannot be a question of either or, but must go in tandem with each other".

The Times of India

Cautiously progressing to introduce digital currency; do not want to rush it: RBI governor

MUMBAI: Days after the government said the Reserve Bank will introduce a digital currency in 2022-23, governor Shaktikanta Das on Thursday said the central bank does not want to rush and is carefully examining all aspects before introduction of the Central Bank Digital Currency (CBDC).

The Times of India

Consumer confidence shows gradual improvement in January, future expectations turn weak: RBI report

NEW DELHI: Consumer confidence showed gradual improvement in January 2022, but remained in pessimistic zone, survey released by the Reserve Bank of India (RBI) showed on Thursday.

The Times of India

Warning Indians against cryptocurrencies, RBI chief says tulips have more value

NEW DELHI: A week after budget 2022-23 proposed 30 per cent tax on gains made from cryptocurrency trades, Reserve Bank of India (RBI) governor Shaktikanta Das termed it as a "threat to macroeconomic and financial stability".

The Times of India

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The Times of India

Explained: Why RBI didn't hike rates for 10th time in a row and what it means for you

The Reserve Bank of India left key interest rates unchanged for a tenth straight meeting, retaining an accommodative stance amid the threat of the Omicron variant. It believes India's economic recovery is still incomplete and needs continued policy support.

The Times of India

RBI projects retail inflation at 4.5% in FY23

MUMBAI: The Reserve Bank of India on Thursday said inflation based on consumer price index (CPI) is expected to come well below its upper tolerance level, at 4.5 per cent, in the next fiscal year beginning April 2022, helped by better fresh crop arrivals, supply-side interventions, as well as prospects…

Dynamite News

RBI keeps repo, reverse repo rates unchanged for 10th time in a row

In the last monetary policy review of the current financial year, the Reserve Bank of India (RBI) on Thursday decided to keep repo and reverse repo rates unchanged.

The Times of India

RBI keeps repo rate unchanged at 4%; maintains accommodative stance

NEW DELHI: The Reserve Bank of India's (RBI) monetary policy committee (MPC) on Wednesday unanimously decided to keep repo rate unchanged at 4 per cent for the tenth consecutive time and continued with the accommodative stance.

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The Times of India

Artists told to 'modify' paintings in Chennai subway

CHENNAI: An innocuous bid to recreate Chola-era paintings on the sidewalls of RBI subway on Rajaji Salai, as part of 'Singara Chennai 2.0' will now undergo 'modifications' as the Greater Chennai Corporation has asked the artists to not highlight 'Hindu idols' to avoid controversy. About 20% of the artwork has…

Benzinga

Indiam Government Officials Were Constantly Monitoring The Crypto Sector

India’s finance minister, Nirmala Sitharaman, has reportedly revealed that the government is “constantly monitoring” and “watching the crypto sector.” Referring to her budget speech, she noted that crypto taxation will be implemented before the central bank, the Reserve Bank of India (RBI), issues its digital currency.

The Times of India

Finance minister to address RBI board on February 14

NEW DELHI: Finance minister Nirmala Sitharaman is scheduled to address the post-budget meeting of the RBI's central board on Monday and highlight key points of the Union Budget 2022-23, including the fiscal consolidation roadmap and high capex plan.

The Times of India

Forex reserves down by $4.531 billion to $629.755 billion

MUMBAI: The country's foreign exchange reserves declined by $4.531 billion to stand at $629.755 billion in the week ended January 28, RBI data showed on Friday.

The Times of India

RBI may hike reverse repo rate by 0.25% in next week's policy: Report

MUMBAI: The Monetary Policy Committee (MPC) may go for a hike of up to 0.25 per cent in the reverse repo rate at which the RBI absorbs excess liquidity and leave the repo rate at which it lends, to narrow the policy rate corridor, a British brokerage said on Thursday.

Dynamite News

RBI to issue digital rupee using blockchain in FY 22-23: Sitharaman

To boost the Indian economy, the Reserved Bank of India (RBI) will be issuing a digital rupee using blockchain and other technologies in the Financial Year 2022-23, Finance Minister Nirmala Sitharaman told the Parliament on Tuesday.

The Hindu

RBI measures helped Indian economy step out of oblivion

Dy. Governor of central bank says they engineered turnaround of the economy

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203 stories

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63 stories

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