Finance Secretary Tuhin Kanta Pandey NEW DELHI: Finance secretary Tuhin Kanta Pandey on Tuesday said govt has taken measures to lower fiscal deficit and delivered a non-inflationary Budget, and hoped that the RBI’s monetary policy will work in tandem with fiscal policy to support growth. He also said that although rupee depreciation increases inflation on…
MUMBAI: Finance minister Nirmala Sitharaman on Monday called for bank interest rates to be “far more affordable”, arguing that several people found the cost of borrowing “very stressful”.Making a case for lower lending rates, she said that India required its businesses to ramp up and invest in new facilities so that the goal of “Viksit…
MUMBAI: Wednesday’s 50 basis points rate cut decision by the US Federal Reserve may not prompt an immediate response from RBI in its Oct policy, though it could benefit India by easing pressure on the rupee and lowering borrowing costs for those with access to global markets.In the equity market, the rate cut at the…
NEW DELHI: The Reserve Bank of India on Tuesday announced that the RBI Governor Shaktikanta Das has received an “A+” rating in the Global Finance Central Banker Report Cards 2024 for the second consecutive year.According to a statement released by the Global Finance Central Banker Report Cards 2024, the central bankers who have earned an…
