It is expected that the economic growth will improve from the second quarter onwards and the ill effects of Covid-19 on the economy are declining.
Reserve Bank governor Shaktikanta Das underlined the need for closely monitoring the price situation with a view to anchoring inflation expectations
RBI’s decision to maintain the status quo keeping the repo rates unchanged at 4% indicates a continuation of its accommodative stance
MPC revises CPI inflation outlook to 5.7%, retains its GDP growth projection of 9.5% for FY22
The MPC, a six-member team headed by RBI governor Shaktikanta Das, had left the rates unchanged last time, citing concerns about inflation.
The RBI is scheduled to announce its bi-monthly policy review on August 6 at the end of the three-day meeting held from August 4 to August 6
Reserve Bank Governor Shaktikanta Das will unveil the resolution of the Monetary Policy Committee (MPC) on Friday
The US markets ended higher on Thursday as a new quarter and the second half of the year began with upbeat economic data and a broad-based rally.
RBI Governor Shaktikanta Das has pitched for policy support from all sides -- fiscal, monetary and sectoral -- to nurture recovery of the economy
Gold investment: One of the key drivers of gold prices nowadays is the negative real yields on bonds in a low interest rate regime