RBI Governor Shaktikanta Das on Thursday said the central bank continues to have "serious and major" concerns about the cryptocurrencies like Bitcoin and has conveyed them to the government.
'We don't anticipate a scenario of high inflation getting generalised, high asset prices not feeding price rise,' says RBI Governor
Economy is booming in the country after second COVID wave, said SC as it refused to entertain a batch of pleas seeking contempt action against Governor of RBI and senior officials of other banks
He reiterated his stance that G-Sec is a "public good", as it is the benchmark for pricing various instruments in the economy
Govt securities provide robust backbone for development of corporate bond market, says RBI Governor
His was the lone dissenting voice against a continued "accommodative" stance, minutes of the August 4-6 meetings showed
The need of the hour is twofold: first, continue the monetary policy support to the economy; and second, remain watchful of any durable inflationary pressures, says RBI Governor
Reserve Bank Governor Shaktikanta Das opined that continued policy support with a focus on revival and sustenance of growth was the most desirable and judicious policy option at the moment
Overseas funds have poured $7.2 trillion into the nation's equities this year and net inflows are expected to continue.
'There is no blanket ban on opening of current accounts', said M Rajeshwar Rao
Bankers said this move comes as a support to stressed firms from sectors like tourism, real estate, hospitality and others hit badly by second wave
The Reserve Bank of India (RBI) sounds relatively more confident on growth now and, at the same time, its concerns on inflation are clearly higher
The Monetary Policy Committee (MPC) left the repo rate unchanged at 4 per cent while continued with the accommodative stance to revive and sustain growth on a durable basis.
Reserve Bank Governor Shaktikanta Das on Friday welcomed the government's decision to end retrospective taxation and termed it as a "timely" move.
Live updates: Monetary policy committee's decisions being read out by RBI governor Shaktikanta Das
The temporary supply shocks that have led to higher inflation has been kept aside by the MPC while focusing on growth
Economic activity has evolved broadly along expected lines: Shaktikanta Das
Financial inclusion will continue to be the policy priority for the central bank, to make the post-pandemic recovery more inclusive and sustainable, Das said