The tremendous recovery in the stock exchanges after falling 36% between February and March 23, 2020, surprised many as it coincided with the spread of the coronavirus, and recently with the appearance of a more powerful mutant form of the virus in…
read moreIndia’s central bank on Friday reiterated its determination to reactivate growth impulses in the economy and mitigate the worst effects of the COVID-19 pandemic, extending its accommodative policy for the remainder of this year and 2021-2022, even when that was the key…
read moreDuring the bi monthly monetary policy presentation, the Reserve Bank of India’s Monetary Policy Committee (MPC) said on Friday that a faster and stronger rebound in the economy was “eminently feasible” if the momentum the current recovery it is gaining ground. MPC,…
read moreThe reorganized Reserve Bank of India (RBI) Monetary Policy Committee (MPC), which will meet this week, is expected to retain the main policy instrument: the repo rate, or the rate at which the RBI lend. funds in banks: unchanged at 4% on…
read more“The upticks that became visible in May and June after the lockdown was eased in several parts of the country, appear to have lost strength in July and August, mainly due to reimposition or stricter imposition of lockdowns, suggesting that contraction in…
read moreThe Reserve bank of India, decided to keep the economy’s benchmark interest rates unchanged on Thursday. The decision was made after three days of deliberations by the RBI’s Monetary Policy Committee. As part of the bi-monthly review of monetary policy on August…
read moreThe Monetary Policy Committee (MPC) of the Reserve Bank of India unanimously decided to keep the repo rate unchanged at 4%. While Governor Shaktikanta Das has said that the RBI’s accommodative stance continues, the maintenance of rates runs counter to general market…
read moreThe government is said to be considering a proposal from the banking lobby, the Association of Indian Banks (IBA), and the feasibility of the proposal is currently under consideration. Following the IBA’s proposal, the bad bank will have an ARC-AMC model and…
read moreIndia’s foreign exchange reserves crossed the $ 500 billion mark for the first time in the week ending June 5, 2020. Unlike 1991, when India had to compromise its gold reserves to avoid an important financial crisis, the country can now depend…
read moreThe Reserve Bank of India has released the results of the May 2020 cycle of its Consumer Confidence Survey (CCS). In view of the Covid-19 pandemic, the investigation was conducted through telephonic interviews on May 5 and 17, 2020 in thirteen major…
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