RBI

May 26, 2022

Inflation forecast will drive rate action, says RBI governor Shaktikanta Das

The Reserve Bank of India is committed to containing inflation while keeping growth in mind, governor Shaktikanta Das told MC Govardhana Rangan and Bodhisatva Ganguli in […]
May 26, 2022

RBI to hike repo rate by 50 basis points, lower FY23 growth to 7 pc in June review: Barclays

Mumbai: The Reserve Bank will opt for a larger, 0.50 per cent, hike in key rates at its next monetary policy review in June to protect […]
May 26, 2022

‘0’ returns in equities may slow retail flows

Mumbai: The pace of retail investor flows into the stock market could reduce as the trailing 12-month returns drop towards ‘0’ in another three to four […]
May 25, 2022
GIFT City: NDF trades surge bringing relief for RBI

GIFT City: NDF trades surge bringing relief for RBI

Mumbai: Currency derivative trading in the GIFT City has gained traction with the monthly volume touching as much as $27 billion in the non-deliverable forwards (NDF) […]
May 25, 2022

RBI issues norms for import of gold by qualified jewellers

The RBI on Wednesday came up with norms for facilitating physical import of gold through India International Bullion Exchange IFSC (IIBX) or similar authorised exchange by […]
May 25, 2022

Ten steps the government has taken recently to cool prices

The government responded to high inflation in the economy by announcing a series of steps to cool prices and cushion the impact on the common man. […]
May 24, 2022
GIFT City: NDF trades surge bringing relief for RBI

Funding cap, weak markets sour rich investor sentiment on IPOs

Rich investors – among the biggest bidders in recent initial public offerings – are eschewing such share sales these days as uncertain markets and regulatory changes […]
May 24, 2022
GIFT City: NDF trades surge bringing relief for RBI

Bond market now a two-way Street

Mumbai: The Centre’s decision to slash motor-fuel taxes appears to have split India’s bond markets down the middle, with yields on the curve’s short end falling […]
May 23, 2022

India may go for more duty cuts against runaway inflation

The government is considering some more short- to medium-term measures that can dampen inflation further after cutting excise duty last week to bring down prices of […]