The RBI monetary policy committee (MPC) has decided to keep the policy repo rate unchanged at 6.50% and other policy rates were also kept unchanged. ‘The monetary policy committee decided unanimously at 6.50 per cent with a readiness to act if the situation so warrants,’ RBI Governor Shaktikanta Das said.
6 Apr 2023Core inflation is largelyunchanged and may decline further as crude prices, exchange rate stabilize at lower levels
2 min read5 Dec 2018Food inflation is on the decline, but core inflation remains sticky at 6%-plus. So, a repo hike is out of the question
3 min read4 Dec 2018The India rupee is down about 5% against the dollar this year and yields have spiked on government and corporate bonds
2 min read5 Jun 2018Irrespective of whether RBI raised rates or not, interest rates for home, personal and car loans under MCLR would go up
2 min read5 Jun 2018The Reserve Bank of India is expected to maintain status quo at the 6 June monetary policy meeting
1 min read4 Jun 2018HSBC's Hitendra Dave also said concerns on the rupee touching 68 per dollar is unfounded as current account deficit is just 2% of GDP
5 min read23 May 2018The Reserve Bank of India (RBI) is seen assuming a more hawkish tone or effecting a 25 bps repo rate hike at the 4-6 June monetary policy meeting
2 min read21 May 2018Even as RBI is likely to hold rates, MPC members will sound extremely cautious and chart out the risks on the inflation front
3 min read7 Feb 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared