Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Shaktikanta Das

Missed inflation target, digital currency pilot mark RBI's 2022 map; growth vector to dominate ahead

MUMBAI: The Reserve Bank of India failed to deliver on its contracted inflation target for the first time, started fiat digital currency pilot and finally saw its efforts to improve bank balance sheets see fruition in 2022, making it a mixed year for the central bank.

The Times of India

Pause in rate hike could be costly policy error: RBI governor Shaktikanta Das in MPC meeting

MUMBAI: A premature pause in rate hike at this juncture could be a costly policy error as the battle against inflation is not over, RBI governor Shaktikanta Das opined while voting for 35 basis-point raise in the key lending rate earlier in the month, said minutes of the MPC meeting…

The Times of India

Next financial crisis will come from private cryptocurrencies: RBI chief Shaktikanta Das

NEW DELHI: Reserve Bank of India (RBI) chief Shaktikanta Das has once again warned about investment in cryptocurrencies.

The Times of India

From analysis to the latest developments in health,
read the most diverse news in one place.

RBI to promote innovation in financial sector, says governor Shaktikanta Das

MUMBAI: Reserve Bank governor Shaktikanta Das on Wednesday assured financial technology companies (fintech) that the central bank will continue to adopt a participative and consultative approach to facilitate innovation in the financial sector.

The Times of India

Retail inflation eases to 11-month low of 5.88% in November

NEW DELHI: Retail inflation based on consumer price index (CPI) eased to 11-month low of 5.88% in November, data released by the government showed on Monday.

The Times of India

‘Worst of inflation over’: RBI moderates rate hike to 35bps

MUMBAI: Reserve Bank of India governor Shaktikanta Das on Wednesday increased key interest rates by 35 basis points, taking the total increase in rates since May to 225 basis points.

The Times of India

RBI Monetary Policy Committee Hikes Policy Rate By 35 Bps To 6.25 Per Cent

The Reserve Bank of India monetary policy committee (MPC), which determines interest rates, has raised policy repo rate by 35 basis points (bps) to 6.25 per cent with immediate effect. Read on for details:

Dynamite News

Read news from The Economist, FT, and more,
with one subscription

Digital Rupee: Central Bank Digital Currency Is Going To Be Major Transformation Of The Way Business Is Done, Says RBI Guv

Governor Shaktikanta Das said, "Yesterday, we launched the trial of our digital currency, Central Bank Digital Currency (CBDC) project. It was indeed a landmark moment in the history of currency in our country. Read on for details:

Dynamite News

Acting early would have exerted heavy costs: Shaktikanta Das on RBI missing inflation target

NEW DELHI: RBI governor Shaktikanta Das said on Wednesday that Indian economy is growing steadily, drawing strength from its macroeconomic fundamentals and buffers.

The Times of India

RBI policymakers divided on future path of rates, meeting minutes show

MUMBAI: The Reserve Bank of India's (RBI) monetary policy committee may lean more on data in deciding the key interest rate going ahead even as policymakers appeared divided on the future path of rate hikes, minutes of its September meeting suggested on Friday.

The Times of India

India to be among fastest growing economies despite global challenges: RBI governor

MUMBAI: India is expected to be among the fastest growing major economies this fiscal, geopolitical turbulence notwithstanding, RBI governor Shaktikanta Das opined at last month's meeting of the rate setting panel MPC while going with the majority to raise the repo rate by 50 basis points to tame inflation.

The Times of India

Retail inflation jumps to 5-month high of 7.41% in September

NEW DELHI: Retail inflation based on consumer price index (CPI) surged to 5-month high of 7.41% in September, data released by the government showed on Wednesday.

The Times of India

RBI launches advanced supervisory monitoring system DAKSH

MUMBAI: Reserve Bank governor Shaktikanta Das on Thursday launched a new 'SupTech' initiative DAKSH - the bank's Advanced Supervisory Monitoring System, which is expected to make the supervisory processes more robust.

The Times of India

Boxed in: On need for inflation control as top policy priority

As high prices restrain consumption, inflation control must be the top policy priority

The Hindu

Get all your
news in one place.

100's of premium titles.
One news app.

The Hindu

Inflation on RBI radar; repo rate hiked

The Reserve Bank of India’s Monetary Policy Committee (MPC) on Friday raised the policy repo rate –

The Times of India

Explained: How RBI rate hike may impact your EMIs

NEW DELHI: The Reserve Bank of India's (RBI) decision to raise benchmark lending rates just ahead of the festive season may hit consumers' buying sentiments.

Dynamite News

RBI hikes repo rate by 50 bps to 5.90 pc, inflation projection retained

Mumbai The Reserve Bank of India (RBI) on Friday hiked repo rate">rate by 50 basis points to 5.90 per cent in order to control the rising inflation, keeping in line with the aggressive policies of central banks and the volatile markets prevalent across economies. Read more on Dynamite News:

The Independent UK

India raises interest rate to 5.90% to tame inflation

India’s central bank has raised its key interest rate to 5.90% and said developing economy were facing slowing growth, elevated food and energy prices, debt distress and currency depreciation

Get all your
news in one place.

100's of premium titles.
One news app.

The Hindu

Morning Digest | China remains a formidable challenge, says Navy chief; EWS quota does not erode rights of backward classes, Centre tells SC, and more

A select list of stories to read before you start your day

The Times of India

RBI wants fintech operators to follow rules of game: Shaktikanta Das

MUMBAI: Warning against mushrooming of lending apps and their usurious recovery prices, the Reserve Bank said it is not interested in penalizing operators or stifling innovation but wants them to follow the rules of the game, governor Shaktikanta Das said on Tuesday.

The Times of India

Soft landing for India means fast, if not fastest, growth

NEW DELHI: The Reserve Bank of India (RBI), which last month vowed to do “whatever it takes” to fight inflation, is expected to refocus efforts toward its own version of a soft landing where it tackles price gains while trying to ensure growth remains among the world’s fastest.

The Times of India

Banking system healthy enough to withstand external headwinds: Shaktikanta Das

MUMBAI: The banking system is healthy enough to withstand any negative spillovers from external headwinds emanating from the Jackson Hole speech by the US Fed, Reserve Bank governor Shaktikanta Das said on Monday.

The Times of India

Inflation peaked at 7.8%, 4% target by FY24: RBI governor

MUMBAI: Reserve Bank of India (RBI) governor Shaktikanta Das has said inflation expectations have been anchored after peaking at 7.8% in April 2022. The governor also said that the central bank would like to bring down inflation to within 4% over a time cycle of about two years or so.

The Hindu

Focused on inflation: On the RBI’s rate hike

A rate increase was needed to prevent inflation expectations from stymieing growth

The Independent UK

India raises interest rate to 5.4%, in 3rd hike since May

India’s central bank has raised its key interest rate by a half percentage point to 5.4% in its third such hike since May as it focuses on containing inflation

1 2 3 4 5

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Bharatiya Janata Party

Reserve Bank of India

243 stories

Monetary Policy Committee

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.