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Reuters
June 5, 2018
The anticipated increase could put a dent in growth, which has recovered after blows from the November 2016 demonetisation and the bumpy July 2017 launch of a national goods and services tax. India reported stellar 7.7 annual per cent growth for the quarter ended March 31.


BusinessToday.In
New Delhi, June 5, 2018
As per the RBI Act, the central bank should have four deputy governors - two from within the ranks and one commercial banker and an economist to head the monetary policy department. Other serving Deputy Governors are Viral V Acharya, NS Vishwanathan and BP Kanungo.


PTI
June 4, 2018



BusinessToday.In
New Delhi, June 4, 2018
RBI panel to decide on policy rates in 3-day MPC meet starting todayRising inflation and high crude oil prices will weigh on the minds of the six Monetary Policy Committee (MPC) members at their three-day meeting beginning here today to decide the key policy rate. The seven-quarter high growth rate of 7.7 per cent in January-March 2018 and forecast of a normal monsoon has reduced the clamour for a cut in the benchmark lending rate (repo) by the Reserve Bank of India (RBI). Retail ...


PTI
New Delhi, June 3, 2018
The seven-quarter high growth rate of 7.7 per cent in January-March 2018 and forecast of a normal monsoon has reduced the clamour for a cut in the benchmark lending rate by the Reserve Bank of India.


BusinessToday.In
New Delhi, June 3, 2018
Markets are likely to take cues from the RBI policy meet, where the central bank is expected to keep status quo, says Yogesh Mehta, Vice President, Retail Research, Motilal Oswal Securities in BusinessToday.In Weekly Market Wrap. He advises investors to opt out of junk stocks and go for quality portfolio holdings.


PTI
New Delhi, June 3, 2018
Clocking its fastest rate of growth in seven quarters, the Indian economy grew at 6.7 per cent during the financial year 2017-18, retaining the tag of the fastest growing major economy in the March quarter.


BusinessToday.In
New Delhi, May 30, 2018
The Telecom Regulatory Authority of India (TRAI) plans to use blockchain technology to contain unsolicited calls and messages; with petrol and diesel price rise likely to hit inflation, the banking regulator may now be forced to tighten the monetary policy and hike interest rates in its June 6 meeting and one out of every five Indians in the age group of 27-37 who are the most prolific in using digital banking apps, reported a digital banking fraud in the past year. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.


BusinessToday.in
New Delhi, May 30, 2018
AirAsia CEO Tony Fernandes booked by CBI for violating aviation normsThe CBI has booked AirAsia CEO Tony Fernandes and several others for allegedly violating aviation norms. The crime branch is also carrying out searches at six locations. On Tuesday, the CBI said that they booked these officials over alleged violation of aviation norms, namely the 5/20 rule for getting international flying licenses as well as violation of Foreign Investment Promotion Board (FIPB) rules. The 5/20 r...


BusinessToday.In
New Delhi, May 18, 2018
The worse news is that things might get a lot worse here on - some analysts have predicted it to hit $100 by the next year.


PTI
May 17, 2018



PTI
New Delhi, May 6, 2018
Currencies in 500, 200 and 100 denominations are comfortable mode for transactions and the printing of Rs 500 notes have been ramped-up to about Rs 3,000 crore everyday to take care of extra demand, economic affairs secretary Subhash Chandra Garg said.


PTI
April 22, 2018



PTI
April 22, 2018



PTI
April 22, 2018



PTI
April 20, 2018
The six-member Monetary Policy Committee had left the benchmark repo rate unchanged for the third time in a row after deliberations on April 4-5.


PTI
April 18, 2018



Aseem Thapliyal
April 11, 2018
For the first quarter of the fiscal, the government kept the interest rates on small savings schemes unchanged. Since February 22, government bond yields fell 65 basis points to 7.127 level on April 5, 2018. Currently, the yield on the 10-year govt bonds stands at 7.465 percent.


PTI
April 5, 2018



BusinessToday.In
New Delhi, April 5, 2018
Earlier reports also suggested the Monetary Policy Committee (MPC) is unlikely to yield to the India Inc's pressure for a benign monetary policy stance by keeping policy rates unchanged against the backdrop of hardening global crude oil prices.


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