MUMBAI: RBI governor Sanjay Malhotra in his maiden monetary policy committee (MPC) meeting had said that it was an ‘appropriate time’ to cut rates, given the macroeconomic outlook and expected inflation alignment with the target. Malhotra had argued that monetary easing, along with agricultural growth and budgetary measures, would stimulate household consumption, housing investment and…
NEW DELHI: Finance minister Nirmala Sitharaman said Saturday that coordinated fiscal and monetary actions by govt and RBI will help boost consumption and there are initial signs of a good order book for the first quarter of the next fiscal year, which will help boost private investment.“After the budget, the few inputs I have received…
This is the first MPC meet of the newly appointed RBI Governor Sanjay Malhotra. RBI MPC meet date, time: Reserve Bank of India’s Monetary Policy Committee (MPC) meeting is being keenly watched this week for a possible repo rate cut of 25 basis points. This is the first MPC meet of the newly appointed RBI…
MUMBAI: RBI on Monday announced measures to inject over Rs 1.5 lakh crore into money markets, marking the largest monetary easing since the pandemic. These steps aim to address the liquidity shortfall caused by the central bank’s intervention in selling dollars to stabilise the rupee.RBI is estimated to have sold over $50 billion from its…
