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MONETARY POLICE STANCE
RBI cuts repo rate by 50bps; here's what key economists sayThe Reserve Bank of India (RBI) surprised markets by reducing the repo rate by 50 basis points to 5.5% and cutting the Cash Reserve Ratio (...- RBI to stop daily variable rate repo auctions on surplus liquidityThe Reserve Bank of India will halt daily VRR auctions from June 11 due to surplus liquidity exceeding 1% of NDTL. This move aligns with st...
- 'Like Jekyll and Hyde': WB Governor slams Mamata Banerjee, says people have lost faith in govtGovernor C V Ananda Bose called the alleged rape and murder of a woman doctor in Kolkata "society's most shameful moment" and said West Ben...
- Kangana Ranaut slap row: CISF woman constable gets offer of legal assistanceSome farmer outfits supported the CISF constable who allegedly slapped Kangana Ranaut at the Chandigarh airport over her stance on farmers'...
- Drunk teacher declares holiday in dry state BiharIn Bihar's Rohtas district, a teacher at Upgraded Middle School came to school in a drunken state and ordered a holiday. He was fined and r...
- India benchmark yield sees biggest monthly drop in six in Nov"The sudden drop in Treasury yields in November has led to similar movement in Indian bond yields, though the magnitude is not similar," sa...
- Dollar rises broadly, yuan slumps as China's COVID unrest rattles sentimentIn an attempt to bolster China's slowing economy - which has struggled under its stringent COVID restrictions - the nation's central bank s...
- Japan's Shinzo Abe sought to revive economy, fulfil conservative agendaThe conservative lawmaker, who quit abruptly as premier in 2007 after one year in the post, swept back for a rare second stint in 2012 pled...
- Former Japanese Prime Minister Shinzo Abe dies after being shot by gunmanAbe, Japan's longest-serving prime minister, held office in 2006 for one year and again from 2012 to 2020, when he was forced to step down ...
- Sri Lanka orders 'offensive' to contain riotsThe unrest in Sri Lanka has spiralled after Monday's events, when government supporters with sticks and clubs attacked demonstrators in Col...
- RBI to support growth as it hopes Covid impact remains limited to Q1The central bank worryingly suggested that if the second wave is not contained in the coming months “losses in terms of lives, employment a...
- RBI may slash interest rate by 25 bps: SBI reportHeadline inflation still remains significantly benign and growth has hit a soft patch.
- SLR cut to tackle liquidity woes: D-Street, India Inc react to RBI money policyThe Monetary Policy Committee (MPC) kept repo rate unchanged at 6.5 per cent.
- What mutual fund managers say about RBI policyThe Reserve Bank of India (RBI) kept its key policy rates – repo and reverse repo – unchanged in its fifth bi-monthly monetary policy.
- Bouquets & brickbats: D-Street, India Inc react to RBI rate hikeHere's how Dalal Street experts and India Inc's captains reacted to the RBI rate hike.
- RBI likely to stay put on rates, flag concerns on food inflation, oil’s surgeThis year’s Budget made a key announcement, pegging the MSP for farmers at 1.5 times the cost.
- Moody's upgrade turns sentiment around for rupeeSince the upgrade by Moody's, Indian currency has appreciated from 65.30 to 64.35.
- National Human Rights Commission ensures Gujarat government pays kin of fake encounter victimNHRC took up the matter on a complaint from the brother of the victim, alleging that Rahim was killed by the Gandhi Nagar police in a fake ...
- China, Russia to push for new global currency at G8 summitDeveloping economies at G8 summit will argue the world needs a new global reserve currency as an alternative to dollar. What will replace d...
- World leaders at G-20 seek agreement on economyWorld leaders headed into the G-20 summit talks seeking to forge a new global deal for economic recovery amid divisions between the US and ...
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