We are giving up this discretion to give an explicit assurance to the markets that we will assist them in the conduct of the borrowing programme, said Patra
The amendments come just days after the RBI won approval from the government to retain its 2-6 per cent inflation target range for the next five years
RBI Monetary policy: RBI today decided to keep rates unchanged today amid rising inflation, lockdowns and Covid surge. Stay tuned for all the LIVE updates
Status quo expected on Wednesday, but guidance will hold the key for bond market
Investors should stay true to their asset-allocation for investing for long-term goals. They may look at accrual-oriented funds, like the low duration and short-term funds
Attaining different objectives could become more difficult
RBI Governor Shaktikanta Das headed six-member MPC is scheduled to meet from April 5 to 7. The policy meet outcome will be announced on April 7
Reversal of interest rate cut should have been avoided
From cutting interest rates on small savings schemes to Cabinet okays Rs 10,900 cr PLI for food processing units, here are top headlines this morning
Govt mandates RBI for maintaining retail inflation target at 4% (plus or minus 2%) till March 31, 2026, said Tarun Bajaj
Indian markets: A good tactical strategy in the near-term, according to analysts at Antique Stock Broking, is to allocate investible surplus to the Pharma sector as the coronavirus infection rate is o
The 4% rise in average all-India minimum wages is almost the same as CPI inflation rate between 2015-16 and 2019-20, meaning that in real terms, the increase has been insignificant
Gold prices eased on Wednesday, as the dollar touched a more than two-week high after US Federal Reserve Chair Jerome Powell reassured Congress that inflation would not spiral out of control
After unlock, demand improved month-on-month till December, when it hit a speed-breaker
Widespread expectations of a coming US economic boom are forcing bond fund managers to dust off their playbooks to combat a nemesis they have not had to worry about for more than a decade: inflation
The US Fed has learned from the "taper tantrum", and will carefully choreograph words and deeds in the coming years
RBI should not digress from maintaining price stability
The US economy is heading for its strongest growth in nearly 40 years, the Fed said, and central bank policymakers are pledging to keep their foot on the gas despite an expected surge of inflation
Fed sees 2021 GDP growth of 6.5%, unemployment at 4.5%; Powell says worst economic outcomes of pandemic avoided
Falling crude oil prices to support margins