RBI’s actions beyond a 25bps rate cut to be closely watched
While a 25bps rate cut in the upcoming RBI MPC policy is largely expected, market focus will be on the central bank’s actions beyond the rate cut, a report by Emkay Global Financial Services stated on Thursday. The RBI is likely to continue
FM Sitharaman to hold post-budget meeting with RBI top brass on Feb 8
Finance Minister Nirmala Sitharaman is set to address the Reserve Bank of India’s central board on February 8 in a post-budget meeting aimed at coordinating fiscal and monetary measures to boost GDP growth. The meeting will take place a day after the RBI
RBI purchased another 8 tonnes of gold in Nov as safe-haven asset
The Reserve Bank of India (RBI) bought another eight tonnes of gold in November 2024 as central banks around the world continued their buying spree, with a collective purchase of 53 tonnes of the precious metal during the month, according to the latest
RBI gets bomb threat in ‘Russian’ language, 2nd time in a month
Following a string of online bomb threats in the country, the Reserve Bank of India (RBI) has received a bomb threat via email, marking the second such incident this month for the central bank. Apparently written in the Russian language, the email was
India’s Growth Story Remains Strong, Real GDP Projected to Grow 7.2% in FY25: RBI Governor
The Reserve Bank of India (RBI) Governor, Shaktikanta Das, affirmed that India’s growth trajectory remains robust, with real GDP expected to grow at 7.2% in the fiscal year 2024-25. He highlighted that key drivers of this growth—consumption and investment demand—are gaining traction. Das
RBI MPC Set to Maintain Status Quo; Focus on Repo Rate
As the Reserve Bank of India (RBI) prepares to announce the outcome of its Monetary Policy Committee (MPC) meeting on October 9, industry experts anticipate that the central bank will keep policy interest rates unchanged. They suggest that if food inflation continues to