Economy News Today highlights on December 20, 2024: Raghuram Rajan recalls having ’plenty of cooperation’ with govt as RBI governor: ‘Whether BJP or Congress…’
Economy News Today highlights on December 20, 2024: From key announcements to major events impacting the micro and macro economy of the country and the world, this platform provides you with all the latest updates on the economy.
Economy News Today highlights on December 20, 2024: Stay informed with the latest information and news about the Indian economy, world economy, global indicators, government policy for the economy, and real-time insights on dynamic GDP growth with our live coverage. LiveMint is the one-stop hub for those looking for the latest economic news and willing to understand the intricacies and details of their impact on our daily lives. Catch real-time updates here.
Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.
Follow updates here:
20 Dec 2024, 11:18 PM IST
Economy News Today Live: Raghuram Rajan recalls having ’plenty of cooperation’ with govt as RBI governor: ‘Whether BJP or Congress…’
- Raghuram Rajan, former RBI governor, reflected on his cooperative relationship with the government during his tenure, regardless of the ruling party, emphasizing constructive discussions with Finance Minister Arun Jaitley on major policy issues.
20 Dec 2024, 10:30 PM IST
Economy News Today Live: US Fed’s preferred inflation yardstick edges higher by 2.4% in November, stays within Wall Street estimates
20 Dec 2024, 10:15 PM IST
Economy News Today Live: States push for more fiscal room, seek expansionar Union budget
- Punjab and Kerala sought special financial packages including more loans, grants, and borrowing flexibility
20 Dec 2024, 09:36 PM IST
Economy News Today Live: RBI’s monetary policy panel divided over timing of rate action
- While all three RBI members in the six-member monetary policy committee insisted policy status quo was essential to curb India’s inflation, two external members argued that lower interest rates were necessary to boost economic growth.
- Earlier in December, the MPC voted to hold the repo rate at 6.5%.
20 Dec 2024, 08:20 PM IST
Economy News Today Live: RBI MPC minutes: Only price stability can ensure growth in Indian economy
- RBI MPC minutes: The RBI's Monetary Policy Committee emphasizes the need for durable price stability for economic growth, maintaining the repo rate at 6.50% for the 11th time.
20 Dec 2024, 07:50 PM IST
Economy News Today Live: RBI MPC Minutes: Inflation-growth balance now unsettled, food CPI to moderate in Q4; 5 key highlights
- RBI MPC Minutes: Inflation-growth balance now unsettled, food CPI to moderate in Q4; 5 key highlights
20 Dec 2024, 05:46 PM IST
Economy News Today Live: GST rate overhaul to face tough review amid tepid urban demand and inflation worries
- A ministerial group led by Bihar deputy chief minister Samrat Chaudhary is expected to make its recommendations to the GST Council for tax rate changes on Saturday.
20 Dec 2024, 04:40 PM IST
Economy News Today Live: RBI MPC may delay rate cut to April 2025 amid US Fed’s hawkish stance: Will this impact growth?
- The RBI may postpone its rate cut cycle to April 2025 due to the US Federal Reserve's hawkish stance. The Fed's reduced rate cuts and the rising US dollar complicate RBI's efforts to balance domestic growth and inflation.
20 Dec 2024, 02:17 PM IST
Economy News Today Live: Trump warns Europe to buy more US oil and gas or face tariffs
- Donald Trump said on his Truth Social site: “I told the European Union that they must make up their tremendous deficit with the United States by the large scale purchase of our oil and gas. Otherwise, it is TARIFFS all the way!!!”
20 Dec 2024, 02:11 PM IST
Economy News Today Live: Does the Fed even know what it’s trying to do?
- The rate cuts are hard to explain alongside the projections officials released Wednesday.
20 Dec 2024, 05:30 AM IST
Economy News Today Live: Mint Primer: How India’s trade gap soared, and how it might hurt
- Widening trade deficit puts pressure on the current account balance. Rising imports have increased demand for dollars, weakening the local currency.
20 Dec 2024, 05:10 AM IST
Economy News Today Live: Bharat Dal, coming soon to an online grocer near you
- The ministry of consumer affairs is expected to mandate e-commerce companies to offer cheaper pulses under the Bharat Dal to combat rising food prices and improve access to an essential source of protein
- Top Gainers
- Top Losers
- 52 Week High