Sunday, Sep 25, 2022
Dec 08, 2021 Outlook Business Team It was widely expected that the RBI would maintain status quo with benchmark interest rates in the backdrop of concerns raised by the Omicron variant of the coronavirus.
Oct 29, 2021 Outlook Web Desk According to an official order, the government has reappointed Das as the governor of the central bank for a period of three years beyond December 10, 2021.
Monetary Policy Committee (MPC) decided to maintain status quo, that is keeping benchmark repurchase (repo) rate at 4 per cent, RBI Governor Shaktikanta Das said while announcing the bi-monthly monetary policy review.
May 05, 2021 Outlook Web Bureau RBI governor Shaktikanta Das on Wednesday, said the Covid-19 pandemic has reversed the economic situation in India, with the country witnessing a shift from strong economic recovery to facing a fresh crisis.
Effective regulation is a priority for the Reserve Bank, and regulation should not constrain innovation in the fintech space, the governor said
The reverse repo rate will also continue to earn 3.35 per cent for banks for their deposits kept with RBI.
The Reserve Bank of India is positioning itself to provide an enabling environment where regulated entities are catalysed to exploit these new avenues, Das said.
RBI Governor Shaktikanta Das also said that inflation is likely to remain elevated throughout winter
The RBI governor announced that the decision was taken unanimously and added that the reserve repo rate too was kept unchanged at 3.35 per cent.
Speaking at the annual day event of Foreign Exchange Dealers' Association of India (FEDAI), Das said there are downside risks to growth across the world and also in India.
RBI Governor Shaktikanta Das has tested positive for Covid-19 today and says to continue work from isolation.
Three new external members in the panel voted in today's decision.
Supply chain disruptions persist, resulting in inflation pressures across segments, RBI Governor Shaktikanta Das said while announcing the decisions taken by the central bank’s Monetary Policy Committee (MPC).
RBI Governor Shaktikanta Das said the farm sector is emerging as a bright spot.
RBI Governor Shaktikanta Das said the financial sector should return to normal functioning without relying on regulatory relaxation as the new norm.
Chidambaram's remarks came a day after the RBI delivered an emergency rate cut for the second time in as many months on Friday as it judged that the Covid-19 pandemic poses a grave threat to the country and will lead to the first economic contraction in 40 years.
The press briefing by RBI Governor comes days after Finance Minister Nirmala Sitharaman held five press briefings to announce the fine print of centre's Rs 20 Lakh Crore Covid-19 economic package.
The RBI may have reduced the reverse repo rate, but it will be too much of optimism to expect banks’ lending to pick up because of this move.
A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.
PTI Photo
Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.
PTI Photo
A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.
PTI Photo
Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.
PTI Photo/ Shahbaz Khan
The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.
PTI Photo/ Shahbaz Khan
He would take his colour, brushes and canvas outside to paint and talk with his love. He would stand close to the window and paint, keeping an eye on his muse.
They say the violin mimics the human sound. In his case, it was that of love, of longing. He didn’t know any other way of loving.
Younger people do not have much progressive beliefs; a 2017 survey found that one-third of young people opposed inter-caste marriage.
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The pandemic has made it clear that virtual learning is here to stay. In the West, the big question is whether it will dilute the quality of the college experience and education. In India, which grapples with digital divide, the question remains whether this will reach most people at all.
Jan 15, 2022 Saikat Majumdar 
Even after two years of the Covid-19 pandemic, many 'informed' individuals in India continue to deny the virus with unscientific claims and unfounded data. The latest? Omicron will end the pandemic.
Jan 08, 2022 Rakhi Bose 
Across Asia there are deeply entrenched obstacles to a mode of higher education that is liberal in multiple senses – disciplinary and epistemological but also social and political.
Jan 01, 2022 Saikat Majumdar 
The two incidents in the recent past, one in Mon district of Nagaland and the other at Lakhimpur Kheri in Uttar Pradesh, undermined the core principles democracy and federalism.
Dec 28, 2021 Tanvir Aeijaz 
