The centre and state governments likely to reduce taxes to bring down high fuel prices
Das on Thursday said the central bank's asset purchases did not dilute its balance sheet or compromise on core principles of central banking
The sector has been rendered vulnerable by the pandemic necessitating concerted effected effects to combat the stress and focus on the revival of the sector
The benchmark 10-year bond yield, at 6.17%, was up 22 basis points since its low last week
Prime Minister Narendra Modi's administration is proposing to prohibit all private cryptocurrencies in the country and create a framework for an official digital currency
Fall in inflation gives MPC room to continue to support growth in economy
The Reserve Bank remains committed to ensure the availability of ample liquidity in the system to foster congenial financial conditions, says Governor
RBI advises against any change in inflation goalposts, monetary policy targets
The meeting on Tuesday was chaired by RBI Governor Shaktikanta Das through video conferencing
The central bank is offering commissions as high as 50 paise per Rs 100 face value for a bond maturing in 2050, compared with just 1.24 paise on April 30, 2020
The central bank on Friday devolved nearly the entire bond auction on primary dealers, as the markets were demanding higher yields for five-year and 10-year bonds being sold
There's a tug-of-war between the RBI and the bond market, as the central bank refuses to accept higher yields
The Reserve Bank of India has so far bought about Rs 2.5 trillion of net debt in the current financial year
RBI will need to do a tough balancing act
India, in fact, will be the third nation in the world after the United States and Brazil, where retail participants can take direct exposure on the government bond market
RBI Governor Shaktikanta Das, and Deputy Governors Michael Debabrata Patra and B P Kanungo spoke on a range of topics in a post-policy press meet
The Economic Survey, last week, had suggested that there should be one more round of AQR of banks after the Covid-related forbearance is over
Despite the fiscal activism in the Budget, the MPC stated that the recovery was yet to gain firm traction and needed continued policy support
The six-member MPC kept interest rates on hold, but said it will keep its stance accommodative to support the government's huge borrowing programme
GDP projection revised upwards, but lower than Eco Survey's