RBI paper says India must look for ways in which cash sitting idly in balance sheets of corporations and banks and reverse repo balances with the RBI finds its way into credit to productive sectors before it imposes a persistent deflationary weight on real activity

Misdirected stimulus that relies heavily on liquidity infusion when demand is depressed and incentivising loan defaults by routinely writing off NPAs threaten financial stability and economic recovery

In February last year, RBI had announced a revised Liquidity Management Framework (LMF) that was simplified and \"clearly communicated\" the objectives and toolkit for liquidity management

Equity markets are entering the New Year with hope. Here's what lies ahead

The RBI continues to be in wait and watch mode as there is very limited scope on what monetary policy can achieve given GDP in contraction mode and inflation risk on upside, says economists at State Bank of India 

During the session, Sensex touched a lifetime high of 45,148 and Nifty hit an all-time high of 13,280. During the week, Sensex and Nifty have risen 929 points or 2.1% and 289 points or 2.23%, respectively.

BSE Sensex breached the 45,000 mark for the first time today, recording an unprecedented high, as RBI kept its repo rate unchanged. The central bank revised its forecast of economic growth for the current fiscal year 2021 to - 7.5%. Watch the video as Rajeev Dubey, Editor, Business Today, explains the reasons behind the jump in  sensex numbers.

Das says COVID-19 broke out even as the world was gripped by a synchronised slowdown in activity, which made the agony even more excruciating; adds RBI's role as debt manager and banker to government was tested to the hilt in 2020

Speaking at the Monetary Policy Committee (MPC) announcement, Das said that the CPI inflation is likely to be 6.8% for Q3 adding that it is pegged to come down to 5.8% for Q4

RBI Governor says he hopes second half of the fiscal year will show positive growth; inflation is likely to remain elevated with some relief in winter months from prices of perishables and bumper Kharif arrivals, adds Das

RBI Governor Shaktikanta Das says MPC voted unanimously to keep policy repo rate unchanged at 4 per cent; changes its FY21 real GDP target to 7.5 per cent as compared to 9.5% contraction projected earlier

Share market: Development on COVID-19 vaccine front, FII flow trends, RBI policy meet, auto sales numbers will set tone for Dalal Street next week

This is a nebulous idea designed to mean anything and everything under the sun without the burden of economic logic, facts and evidence

Consumer price inflation continued to rise in Ocotober as prices in food basket remained high during the month; vegetables, pulses and protein products remained costlier, driving inflation higher

The economists at SBI believe that India's GDP will remain in negative territory in all the four quarters of FY21 and any positive growth will be seen only in FY22

MPC meet: RBI also decided to continue with the accommodative stance of monetary policy as long as necessary -- at least during the current financial year and into the next year, said Governor Das

India will be among a select few countries to have this facility. For this, payment system operators to be licenced on a perpetual basis, says RBI Governor Shaktikanta Das 

MPC Meet Live Updates: Shaktikanta Das says the monetary policy committee has voted unanimously to keep repo rate unchanged; India will see a \"3-speed recovery\", though it will vary from sectors-to-sectors, says the RBI Governor

Stock Market News Updates Today:Tata Steel, followed by Bharti Airtel, L&T, M&M, Bajaj Finance and HDFC were among the top gainers today. On the other hand, HUL, Reliance Industries, TCS, Nestle India and Tech Mahindra were among the top laggards

The six-member Monetary Policy Committee (MPC) headed by RBI Governor is scheduled to meet for three days starting September 29