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Monday, October 7, 2024
TopicRBI

Topic: RBI

RBI surprises with no rate cuts, slashes full-year growth projections to 5%

RBI's monetary policy committee retains repo rate at 5.15% & reverse repo at 4.9% in a unanimous decision, notes 'there is space for future action'.

RBI needs to take unconventional steps as rate cuts aren’t helping economy: Bond manager

RBI should pull down long-term yields by selling short-tenor bonds and reinvesting in longer-term ones, says IDFC AMC’s Suyash Choudhary.

Yes Bank has a plan to raise $2 billion, but investors aren’t convinced

Yes Bank's shares fell about 8% since it announced the names of the investors for its proposed preferential allotment of equity shares.

Depositors of failed banks will get only upto Rs 1 lakh insurance cover: RBI subsidiary

Deposit Insurance and Credit Guarantee Corporation (DICGC)'s response comes in the wake of the PMC Bank crisis and other bank frauds that have put people's savings at risk.

Company law tribunal admits RBI plea to begin bankruptcy proceedings against DHFL

The debt-ridden DHFL owes Rs 92,715.45 crore to the RBI, and is set to be the first financial services firm to be resolved through the bankruptcy code.

Kaushik Basu calls for ‘paradigm shift’ in economics, Kala on fading ‘rage against rape’

The best of the day’s opinion, chosen and curated by ThePrint’s top editors.

RBI likely to cut interest rates for 6th time in 2019 to support growth

In five reductions so far in 2019, interest rates have been lowered by a total of 135 basis points over concerns that growth momentum is slowing down.

Why RBI governor Shaktikanta Das has the easiest job in central banking

The troubling state of India’s economy makes RBI governor Shaktikanta Das's task uncomplicated. He just has to keep cutting rates & hope they work.

How the RBI is ensuring the rupee remains weak to help exports and boost growth

Weakness in the rupee despite robust inflows is seen as a sign the RBI wants to curb a sharp appreciation in the currency that can hurt exports.

India’s big plan to bring rupee trading home is an uphill task

Indian authorities are concerned a surge in rupee trading overseas threatens the stability of the currency, especially in times of stress.

On Camera

Make it a Fundamental Right of every religionist to propagate, convert: TT Krishnamachari

On 6 December 1948, TT Krishnamachari spoke in the Constituent Assembly during a debate on Article 19, supporting it as it is, including how it's framed in the matter of religion.

How businesses can become more resilient to the physical impacts of climate change

Extreme weather events have impacted 50% of corporate respondents to a recent survey. This underlines the importance of significant action now to increase climate resilience.

Iran’s Shahab-3, India’s Agni-1 to US’s Minuteman III—ballistic missile arsenals, who has what

Iran used Shahab-3, along with Fattah-1 hypersonic missiles, to attack Israel after the killing of Hezbollah leader Hasan Nasrallah in air strikes on Lebanon's Beirut.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?