The consumer price index (CPI) based inflation for the month of May fell to 4.75 per cent in May compared with 4.83 per cent in the previous month, according to Government data….
RBI is obsessed with inflation war; That should be okay for us
If you feel the monetary policy review has turned a boring affair every two months with no action on any front, then I won’t blame you. The last time there was any action was…
Why did RBI leave key rates unchanged?
The Reserve Bank of India (RBI), as expected, on June 7 kept the key lending rate unchanged at 6.5 percent. That rate action — or no action — is in line with what the…
Will RBI Governor Stick to the Script on Rates?
The Reserve Bank of India (RBI) Governor Shaktikanta Das is set to announce the monetary policy outcome tomorrow. Most economists predict the central bank will maintain the current rates as the battle…
What are the key takeaways from a weak 2024 verdict for Narendra Modi 3.0?
Finally, the janata’s verdict is out. Majority of the exit polls have been proven wrong when votes were counted on June 4 in world’s largest democracy. Majority of the pollsters predicted BJP-led…
Modi Tsunami! Sensex zooms 2000 points, Nifty above 23000 as markets welcome NDA win projections by Exitpolls
Benchmark equity indices Sensex and 50-share Nifty soared on Monday after Exit polls indicated 300 plus seats for BJP-led National Democratic Front (NDA). If that proves to be true, Modi is set…
Stock markets set to gain on Monday as polls indicate big win for Modi
Are stock markets set for a big gain on Monday? It looks like so. Markets are likely to cheer possibility of a landslide victory for Modi in 2024 general elections as indicated…
The Indian central bank is upset with erring non-banks. Why?
The Reserve Bank of India (RBI) has once again taken firm action against a prominent player in India’s financial services industry. On May 29, the RBI imposed strict restrictions on two firms…
RBI Just transferred Rs 2.1 trillion to government. Do you want to know how?
On May 22, the Reserve Bank of India (RBI) announced an unprecedented surplus transfer of Rs 2.22 lakh crore to the government, sparking widespread speculation. This amount is significantly higher than the…
RBI clamps down on Edelweiss group; imposes restrictions on ECL Finance, ARC
In the latest instance of strict actions against non-banking lenders, the Reserve Bank of India (RBI) on May 29 announced supervisory actions against ECL Finance Limited and Edelweiss Asset Reconstruction Company Limited…