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  Monetary Policy: RBI keeps repo rate unchanged for 9th time in a row at 6.5 pc

  Business | August 08, 2024 11:29 IST

  This marks the ninth consecutive time the MPC has held the repo rate at 6.5%, maintaining its stance of 'withdrawal of accommodation' to steer inflation towards the desired target. The decision received majority support, with four out of six members in favour.

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  Nirmala Sitharaman to address post-Budget RBI board meet on Tuesday

  Business | February 14, 2021 13:38 IST

  Fiscal deficit -- the excess of government expenditure over its revenues -- is estimated to hit a record high of 9.5 per cent of the gross domestic product (GDP) in the current fiscal ending March 31 due to the COVID-19 pandemic.

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  RBI Board meet on Monday to mull over Jalan panel report

  Business | August 25, 2019 13:20 IST

  The RBI Board meeting on Monday to finalise its annual accounts, is also likely to take up the Bimal Jalan panel's recommendations on Economic Capital Framework (ECF) along with the dividend payment to the government, sources said.

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  US Fed lifts Sensex to 3-yr high, up 684 pts before RBI meet

  September 19, 2013 19:50 IST

  Mumbai: The Sensex today soared 684 points to an almost three-year high after the US Federal Reserve unexpectedly left its stimulus programme unchanged, easing fears of capital outflows and giving RBI Governor Raghuram Rajan some

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  Food Inflation Down To 4-Yr Low Of 4.35%; All Eyes On RBI Meet

  December 15, 2011 17:16 IST

  New Delhi, Dec 15: A sharp fall in vegetable prices brought food inflation to a near four-year low of 4.35 per cent for the week ended December 3, raising hopes that RBI may halt the