Highlights

  • RBI keeps rates on hold
  • RBI: recovery not strong enough yet will need support

Latest news

HRW accuses Israel of 'acts of genocide' for Gaza water access

HRW accuses Israel of 'acts of genocide' for Gaza water access

Arvind Kejriwal urges NDA allies to reconsider support for BJP over Amit Shah’s Ambedkar remark

Arvind Kejriwal urges NDA allies to reconsider support for BJP over Amit Shah’s Ambedkar remark

Nuclear-armed Pakistan says fresh US sanctions 'biased'

Nuclear-armed Pakistan says fresh US sanctions 'biased'

Andhra High Court upholds lesbian couple’s right to live together, parents told not to ‘interfere’

Andhra High Court upholds lesbian couple’s right to live together, parents told not to ‘interfere’

Mumbai boat tragedy: Life jackets made mandatory for rides from Gateway of India

Mumbai boat tragedy: Life jackets made mandatory for rides from Gateway of India

FIR against Samajwadi Party’s Sambhal MP for power theft

FIR against Samajwadi Party’s Sambhal MP for power theft

Eknath Shinde pays tribute to RSS founder, highlights Sangh's nation-building role

Eknath Shinde pays tribute to RSS founder, highlights Sangh's nation-building role

Delhi to Promote Linguistic Diversity with Multilingual Road Signages and Bureaucratic Nameplates

Delhi to Promote Linguistic Diversity with Multilingual Road Signages and Bureaucratic Nameplates

RBI Monetary Policy: Central bank does not rock the boat, holds rates

Repo and Reverse Repo Rate remains unchanged at 3.35%

RBI Monetary Policy: Central bank does not rock the boat, holds rates

RBI delivered as per script, not rocking the boat and holding rates steady across the board. The monetary policy will remain accommodative said the chief of Mint Street easing nerves of a possible end of low rates.

Also watch | RBI Monetary Policy: Record low rates stay as Omicron plays spoilsport

RBI On Growth
RBI Governor while underscoring importance for the policy to be accommodative stated that "Recovery, that was interrupted by second wave of pandemic is gaining traction, but is not strong enough to be self-sustaining and durable. This underscores vital importance of continued policy support."

RBI on Omicron
Highlighting the discussion within the committee members , Governor Shaktikanta Das said the "MPC regarded the accentuation of headwinds emanating from global developments as the main risk to the domestic economy which is now clouded by Omicron variant."




ADVERTISEMENT

Up Next

RBI Monetary Policy: Central bank does not rock the boat, holds rates

RBI Monetary Policy: Central bank does not rock the boat, holds rates

New Zealand falls into recession with abrupt economic slowdown

New Zealand falls into recession with abrupt economic slowdown

Dollar Pushes Indian Rupee to Record Low of 85, Fed's Policy Outlook in Focus

Dollar Pushes Indian Rupee to Record Low of 85, Fed's Policy Outlook in Focus

Oil Prices Rally on Inventory Drop, Market Awaits Fed Projections

Oil Prices Rally on Inventory Drop, Market Awaits Fed Projections

SEBI Expands UPSI Definition, Strengthens ESG and Governance Frameworks

SEBI Expands UPSI Definition, Strengthens ESG and Governance Frameworks

Gold Imports surge in November: Commerce Ministry examining data for any calculation error

Gold Imports surge in November: Commerce Ministry examining data for any calculation error

ADVERTISEMENT

editorji-whatsApp

More videos

Indian Stock Market: Mixed Sectoral Performance Amid IPO Highlights

Indian Stock Market: Mixed Sectoral Performance Amid IPO Highlights

Parliamentary Panel bats for legal guarantee of MSP to protect farmers' interests

Parliamentary Panel bats for legal guarantee of MSP to protect farmers' interests

Bihar fully prepared to create robust business ecosystem, investment safe: Dy CM Samrat Choudhary

Bihar fully prepared to create robust business ecosystem, investment safe: Dy CM Samrat Choudhary

"If they tax us, we tax them...," Trump Signals Tough Trade Stance; Reciprocal Tariffs on India

"If they tax us, we tax them...," Trump Signals Tough Trade Stance; Reciprocal Tariffs on India

Top 5 Losers of NIFTY 50: A Day of Decline for Leading Stocks

Top 5 Losers of NIFTY 50: A Day of Decline for Leading Stocks

India's renewable energy capacity addition doubled to 15 GW in Apr-Nov: Pralhad Joshi

India's renewable energy capacity addition doubled to 15 GW in Apr-Nov: Pralhad Joshi

 Indian Markets Open Lower Amid Caution Ahead of U.S. Federal Reserve Meeting

Indian Markets Open Lower Amid Caution Ahead of U.S. Federal Reserve Meeting

Five of top-10 most valued firms together add Rs 1.13 lakh Crore in market valuation

Five of top-10 most valued firms together add Rs 1.13 lakh Crore in market valuation

Airlines are price takers, they do not have influence on prices they pay: IATA Chief Economist

Airlines are price takers, they do not have influence on prices they pay: IATA Chief Economist

India’s import of Russian oil drops in November on shrinking discounts

India’s import of Russian oil drops in November on shrinking discounts

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.