The government named Shashanka Bhide, Ashima Goyal and Jayanth Varma as its nominees on the central bank's monetary policy committee (MPC) late on Monday.
1 min read6 Oct 2020For the monetary policy committee, the biggest headache is the return of inflation this time aroundPrices of most commodities have shown a rise despite a large part of demand being wiped out due to lockdown
2 min read3 Aug 2020Two major events union Budget and Reserve Bank of India's monetary policy review are staring at India's local currency. Ashok Gautam, ED and Treasury Head, IDBI Bank speaks to Nasrin Sultana, Mint shares his outlook on Indian rupee.
23 Jan 2020RBI is expected to deliver a 25 basis points (bps) cut in its repo rateShares of InterGlobe Aviation Ltd will be in focus
3 min read7 Aug 2019In the sixth bi-monthly monetary policy review, RBI surprisingly reduced the repo rate by 0.25% to 6.25%RBI also cut its estimates on headline inflation, which cooled off to an 18-month low of 2.2% in December
1 min read7 Feb 2019RBI likely to cut interest rates by a quarter percentage point in February, Goldman analystsRBI governor Shaktikanta Das to chair his first Monetary Policy Committee meeting next month
1 min read21 Jan 2019For RBI, the December inflation data gives enough fodder to consider a rate cutBut the road to lower policy rates is paved with global uncertainties and unbending core inflation
2 min read19 Jan 2019The new norms for pricing of retail loans, including home and auto loans, will be applicable on new loans extended from April 1.
1 min read5 Dec 2018In its previous policy review in October, the RBI had projected retail inflation to be around 3.9-4.5% in the October-March period of 2018-19
1 min read5 Dec 2018The MPC lowered its inflation projection to 3.9-4.5% from 4.8% for the second half of the current financial year
3 min read5 Oct 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared