India’s fuel demand slipped in January after hitting a nine-month peak in December, hit by lower mobility due to cold weather in parts of the country and a slowdown in…
Category: Economy
Why aren’t Indian markets enthused about FY24 GDP growth forecast of 6.4%-6.5%?
Reserve Bank of India Governor Shaktikanta Das on Wednesday announced India’s GDP growth forecast for 2023-24 at 6.4 per cent. The Economic Survey 2023, presented by Finance Minister Nirmala Sitharaman, projected a…
RBI to launch QR code-based coin vending machines
The Reserve Bank of India will launch a pilot project on QR code-based coin vending machine. The announcement was made by RBI Governor Shaktikanta Das during the Monetary Policy Committee…
RBI’s UPI push: G20 travellers can use UPI for payments at select airports
The Reserve Bank of India has said that it will allow all inbound travellers to use Unified Payments Interface (UPI) payments for their merchant payments while they are in the…
RBI Guv Shaktikanta Das projects CPI inflation at 5.3% for FY24
Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday said that inflation is projected at 6.5 per cent for 2022-23, with Q4 at 5.7 per cent. On the assumption…
RBI MPC projects GDP growth for 2023-24 at 6.4%, says Gov Shaktikanta Das
Reserve Bank of India Governor Shaktikanta Das, in the Monetary Policy Committee meeting announcements on Wednesday, said that GDP is expected to grow at 6.4 per cent for 2023-24. Q1…
RBI raises repo rate by 25 basis points to 6.5% from 6.25%
Reserve Bank of India repo rate: RBI Governor Shaktikanta Das-headed Monetary Policy Committee (MPC) has raised the repo rate by 25 basis points to 6.5 per cent on Wednesday from…
RBI Monetary Policy announcements today; repo rate likely to be hiked by 25 bps
Reserve Bank of India (RBI) governor Shaktikanta Das will give out the monetary policy committee (MPC) statement today at around 10 am. The monetary policy committee meeting lasted from February…
Russia’s Novatek in talks with Indian companies on LNG, may consider rupees
Novatek, Russia’s largest liquefied natural gas producer, has been in talks with Indian companies including GAIL on the supply of LNG and may consider taking payments in rupees, the company’s…