Tag: Reserve Bank of India
Government must protect market from Chinese dumping: MPC’s Nagesh Kumar
The Centre needs to step in to protect the domestic market from dumping by Chinese exporters, Monetary Policy Committee (MPC) member Nagesh Kumar told ET,…
Indian economy shows resilience amid global challenges: RBI report highlights domestic consumption revival
A revival in domestic consumption across markets helped the Indian economy withstand heightened global uncertainties and weak external demand, the Reserve Bank of India said…
Indian economy not immune to global challenges, but resilient: RBI report
Flux in the global economy presents considerable challenges to the global macroeconomic outlook and the Indian economy is not immune, the central bank said in…
India pushes to expand rupee settlement with key trade partners
India’s central bank is taking active steps to allow free-trade partners to settle transactions with it more easily in the rupee, a person familiar with…
Rate cut likely by year-end; GST reforms to boost credit demand: Goldman Sachs
An additional policy rate cut is expected before the end of the year, alongside recent GST simplifications, indicating that peak fiscal consolidation is behind us….
India gold reserves top $100 billion on surging bullion prices, forex down| Business News
India’s gold reserves crossed the $100 billion mark for the first time, according to the Reserve Bank of India’s latest forex reserves data, buoyed by…
Global shocks no worry, India stays investors’ darling: S&P Global Ratings President Yann Le Pallec
S&P Global Ratings expects India to demonstrate resilience against punitive tariff barriers and global trade shocks, with the economy expected to expand about 6.5% this…
India makes 85 pc of digital payment through UPI: RBI Guv Malhotra
About 85 per cent of the digital payment transactions take place through UPI in India, and the country can be a case study in inclusive,…
Can India’s economic growth weather the storm of US tariffs this fiscal year?
Mumbai: High-frequency indicators pointed to the likelihood of robust September-quarter growth, central bank governor Sanjay Malhotra had said during the October 1 monetary policy review,…
RBI Guv says Indian macroeconomic fundamentals are very strong; US tariffs not too concerning
Indian markets are “quite deep,” and the country’s macroeconomic fundamentals are “very strong,” Reserve Bank of India Governor Sanjay Malhotra said on Wednesday, striking a…