The repo rate cut should be interpreted as a pre-emptive measure to create a buffer, ensuring that the economy enters the forthcoming year with adequate liquidity.
New Delhi: India’s policy of managing the exchange rate’s volatility hasn’t changed, central bank Governor Sanjay Malhotra said, quashing speculation that it was allowing...
RBI governor Sanjay Malhotra, in MPC statement, said the main purpose of open-market bond purchases was to infuse primary liquidity & not to influence the currency or bond yields.
A monthly publication of the Trade Exposure Inflation Index would enable markets, analysts, and the public to observe how much of inflation is actually imported versus how much is domestically generated.
The other emerging market currencies experienced a more pronounced depreciation against the dollar than the rupee in 2024, resulting in a relative appreciation effect.
RBI retained its projection of 6.5% growth, but highlighted global uncertainty, particularly due to renewed tariffs from July & volatility in commodity prices as risks to growth outlook.
This comes amid looming uncertainties as Trump’s tariff regime kicks in. RBI also revised its growth estimates for FY25-26, lowering GDP estimates by 20 points to 6.5% from 6.7%.
The one thing that keeps the relentless beauty of trans people alive is their community. But for lawmakers, kinship is ‘deception’, ‘allurement’, and ‘undue influence’.
Aluminum prices, already rising before the conflict, have gained further as traders and buyers focus on the potential for tighter markets and shrinking global inventories.
It’s easy to understand why the government can’t speak the hard truth. When this war ends, as all wars do, India’s interests will lie with both the winner and the loser.
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