September 08, 2024 05:46 (IST)
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Ex-RG Kar principal Sandip Ghosh's aide Prasoon Chatterjee, who was seen at crime scene, detained by ED in money laundering case | Former Delhi minister and AAP MLA Rajendra Gautam joins Congress | Kangana Ranaut announces her film Emergency postponed, says 'still waiting for CBFC certification' | ED raids ex-RG Kar principal Sandip Ghosh and others' residences in money laundering case | Supreme Court likely to hear RG rape-murder case on Sept 9
RBI's 3-day MPC meeting starts

RBI's 3-day MPC meeting starts

Mumbai: The Reserve Bank of India's Monetary Policy Committee has started its three-day meeting on Wednesday to deliberate on interest rates and analyze the state of the economy.

Banks and financial institutions welcome RBI's 'surprise' move to pause repo rate hike for now

Banks and financial institutions welcome RBI's 'surprise' move to pause repo rate hike for now

Mumbai/IBNS: The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Thursday decided to keep the repo rate unchanged at 6.5%. This came as a big relief as most experts had opined that the apex bank should take a pause amid global economic uncertainties and the economy has reached a saturation point beyond which it may be difficult to absorb any more rate hikes.

Former RBI Gov Raghuram Rajan says central bankers should gear up for low inflation: Report

Former RBI Gov Raghuram Rajan says central bankers should gear up for low inflation: Report

Former Reserve Bank governor Raghuram Rajan Friday warned that the global economy could go back to a low inflation regime and central bankers implementing restrictive monetary policies should keep that in mind, according to a Bloomberg report.