Thursday, 20 January, 2022
TopicShaktikanta Das

Topic: Shaktikanta Das

Shaktikanta Das reappointed as RBI governor for three years

With the second term of three years, Das will head the RBI till December 2024. The decision was taken by the Appointments Committee of Cabinet headed by PM Narendra Modi.

RBI laser-focused on bringing inflation back to 4% without disruption, says Governor Das

Retail inflation, which was above 6 per cent during May and June, has started moving down and stood at 4.35 per cent in September.

Need higher investment in healthcare, infrastructure for sustainable growth: Shaktikanta Das

Speaking at an event Wednesday, the RBI Governor said restoring the durability of private consumption, the mainstay of aggregate demand, will be 'crucial' in the post-pandemic future.

RBI optimistic about 9.5% GDP growth projection for FY22 being met, Shaktikanta Das says

RBI Governor Das further said the central bank will seek to gradually move towards achieving the 4% target, but the possibility of a sustained increase in inflation is unlikely.

RBI to conduct operations to manage unanticipated liquidity flows, says Shaktikanta Das

While speaking at an event, RBI governor said the fine-tuning operations was done so that liquid conditions in the system evolve in a balanced and evenly distributed manner.

Continued monetary policy support to revive economy need of the hour, says RBI Governor

MPC external member Jayanth R Varma voted against RBI's accommodative stance and argued for raising money market rates towards repo rate of 4 % from currently 3.35%.

Rate cut on housing loans, commercial real estate bodes well for economy, RBI Governor says

While announcing the third bi-monthly monetary policy review Friday, RBI Governor Shaktikanta Das said reduction on lending rate has reduced the burden on households.

Growth, not stubborn inflation, to be focus of RBI policy meeting this week

RBI Governor Shaktikanta Das has maintained that growth is the main challenge and that inflation, while sticky, is only a 'transitory hump.'

Financial inclusion will continue to be priority for sustainable recovery: Shaktikanta Das

The RBI Governor said that the central bank will soon be coming out with the first financial inclusion index, which will assess progress in terms of access, usage and quality.

India’s forex reserves may have crossed record $600 bn: RBI Governor Shaktikanta Das

The country's foreign exchange reserves rose by $2.865 billion to a record high of $592.894 billion for the week ended 21 May, boosted by gold and currency assets, as per RBI data.

On Camera

YourTurn

How England’s dying industrial towns became the West’s largest jihad factory

Malik Faisal Akram had no known affiliation with jihadist groups. Ideas that led him to take hostages in a Texas synagogue seeped into his mind almost by osmosis.

NTPC looks to coal imports to avoid new power crunch

India’s largest electricity producer is aiming to secure cargoes starting from April, when power consumption in India typically surges on summer cooling demand.

Defence

File photo of IAF drone seen flying in Leh on 18 Nov 2020 | ANI

Indian firm gets foothold in prized global ‘kamikaze’ and armed drones market

Global demand for loitering munition & armed drones saw a jump after Azerbaijan was able to defeat superior Armenian armed forces in 2020 with the help of these systems.
Illustration by Soham Sen | ThePrint

Read my lips, I’m hurting, says Pakistan’s National Security Policy. What it means for India

The new policy is mostly chaff, but it reveals the most inward-looking Pakistan in 3 decades. It needs breathing space, and is realising loss of stature and friendship with US.
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