Tag: michael debabrata patra

Buy now pay later, credit card spending reducing savings of youth: RBI Deputy Governor
Posted in Economy

Buy now pay later, credit card spending reducing savings of youth: RBI Deputy Governor

The “buy now, pay later” (BNPL) schemes and the credit card spending facilitate immediate consumption and reduce the savings of the younger generations, said Michael…

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food inflation: Monetary policy must be disinflationary to quell food price pressures: RBI bulletin
Posted in Economy

food inflation: Monetary policy must be disinflationary to quell food price pressures: RBI bulletin

The Reserve Bank of India (RBI) may need to continue with disinflationary monetary policy and it has to remain cautious as the pressure stemming from…

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RBI statistics pane: RBI sets up Dy Guv Patra-chaired expert panel to benchmark India's statistics to global standards
Posted in Economy

RBI statistics pane: RBI sets up Dy Guv Patra-chaired expert panel to benchmark India’s statistics to global standards

The Reserve Bank of India has set up an expert panel to benchmark India’s statistics to global standards and improve them as needed, the central…

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rbi: Cabinet secretary-led panel to interview five candidates for RBI deputy governor's post on June 1
Posted in Economy

rbi: Cabinet secretary-led panel to interview five candidates for RBI deputy governor’s post on June 1

The Cabinet Secretary-headed panel is scheduled to interview shortlisted candidates on June 1 for the post of RBI deputy governor, which falls vacant on June…

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The Economic Times
Posted in Economy

Private consumption, rural demand to drive India’s growth in Q1 of FY24: RBI’s monthly bulletin – The Economic Times Video

India’s growth is likely to be driven primarily by private consumption, supported by reviving rural demand, and renewed buoyancy in manufacturing in the April-June quarter,…

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rural demand india growth: Private consumption, rural demand to drive India's growth in Apr-Jun quarter, highlights RBI bulletin
Posted in Economy

rural demand india growth: Private consumption, rural demand to drive India’s growth in Apr-Jun quarter, highlights RBI bulletin

India‘s growth is likely to be driven primarily by private consumption, supported by reviving rural demand, and renewed buoyancy in manufacturing in the April-June quarter,…

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Sporadic supply shocks may be a concern: RBI paper
Posted in Economy

Sporadic supply shocks may be a concern: RBI paper

The Reserve Bank of India’s (RBI) monthly bulletin sounded caution about sporadic and localised supply shocks that may need fine-tuning of measures within or outside…

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rbi bulletin: Substantial disinflation achieved, but road to be travelled stretches ahead till inflation is at 4 per cent: RBI Bulletin
Posted in Economy

rbi bulletin: Substantial disinflation achieved, but road to be travelled stretches ahead till inflation is at 4 per cent: RBI Bulletin

The Reserve Bank of India (RBI) on Friday published its monthly bulletin where it stated that the Monetary policy is at work and substantial disinflation…

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Indian economy gaining momentum since second quarter, emerges from pandemic stronger
Posted in Economy

Indian economy gaining momentum since second quarter, emerges from pandemic stronger

The Indian economy emerged from the pandemic stronger than expected and has gained momentum since the second quarter of the current fiscal even as year-on-year…

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India Budget 2023: Emphasis on capital expenditure in India's budget could boost growth: RBI Bulletin
Posted in Economy

India Budget 2023: Emphasis on capital expenditure in India’s budget could boost growth: RBI Bulletin

India’s consumption-led economy would get a further boost from the government’s emphasis on capital expenditure, which is expected to encourage private investment and generate jobs,…

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