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Monday, October 7, 2024
TopicRBI

Topic: RBI

Stock market suffers worst this week after RBI announces repo rate cut by 25 bps

The S&P BSE Sensex fell 1.1% and NSE Nifty 50 Index was down by 1.2% which marks the worst performance since May.

RBI says monetary policy easing will continue as ‘long as necessary’ to revive growth

RBI Governor Shaktikanta Das said policy makers will continue with the "accommodative stance" while ensuring inflation remains within the target.

Risks from Modi govt’s power sector reform to state finances higher than envisaged: RBI

Under the Ujwal DISCOM Assurance Yojana, or UDAY, states were to take over 75% of power utilities’ debts & include it in their fiscal deficit calculations.

RBI lowers key policy rate by 25 bps in fifth straight cut, repo rate 5.15% now

Acknowledging the persistent economic slowdown, RBI also lowers the growth forecast for 2019-20 to 6.1 per cent from 6.9 per cent.

Growth, inflation, financial stability – issues to watch as RBI is set to cut rates today

While all 33 economists surveyed by Bloomberg News expect a reduction, their forecasts range from 20 basis points to 40 basis points.

Another interest rate cut by RBI tomorrow won’t be of much help

Problem isn’t that banks are reluctant to pass on RBI’s rate cuts. It’s that the government leaves little enough for the private sector to borrow anyway.

RBI set to cut rates tomorrow amid worries over crises at PMC, Lakshmi Vilas Bank

RBI is set to lower its benchmark rate for fifth time this year Friday, days after it reassured the public that banking system is safe and stable.

Sunil Khilnani on the idea of Gandhi, Mohan Bhagwat on Gandhi’s ‘joy’ in the RSS

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

How PMC Bank hid its bad loans and duped RBI for years

A letter by PMC Bank’s former managing director describes in detail how the bank duped RBI about its growing exposure to HDIL.

Indiabulls, hurting from share slide, seeks to bring forward court date on fraud charges

Indiabulls’ shares plunged after the Delhi High Court admitted a plea against the shadow lender and RBI placed restrictions on its acquisition target, Lakshmi Vilas Bank.

On Camera

Why Modi-Shah have failed to develop mass leaders in states the way Vajpayee-Advani did

BJP had leaders like Modi, Chouhan, Raje, Raman Singh, BSY, and Dhumal who kept the party’s flame burning. Those promoted by Modi-Shah in the last 10 years fail to inspire confidence.

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.

‘Nightmare at Chennai Marina’: 4 dead, 96 hospitalised after pandemonium at packed IAF air show

Lakhs of people were stranded at beach in heat as crowd control measures apparently failed. At least 14 lakh people were in attendance though police had expected around 10 lakh.

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?