RBI governor Shaktikanta Das has his task cut out
RBI governor Shaktikanta Das has his task cut out as Fed surprises with a 50 basis point rate cut
For the RBI, the global interest rate easing cycle comes with its own set of challenges. If a global rate-cutting cycle accelerates in the near future, the emerging markets including India could face increased capital inflows,
Timing of interest rate cut hinges on inflation path: RBI governor Shaktikanta Das
Presently, the majority of the RBI’s monetary policy committee, which sets the interest rate, are in favour of durably aligning India’s headline inflation to its medium term target of 4 per cent
When will RBI cut rates? Shaktikanta Das' ‘staying the course’ response
RBI governor Shaktikanta Das emphasizes the need for steady policy amid softening inflation, targeting a rate of 4%.
Rate cut hinges on inflation trajectory: RBI Governor Shaktikanta Das
The benchmark interest rate in the country will hinge on the future trajectory of inflation, Reserve Bank of India Governor Shaktikanta Das has said, emphasising that month-on-month inflation momentum — whether it’s building up or moderating — will be key to the central bank’s decision-making process.
All Eyes Now On The RBI As U.S. Federal Reserve Cuts Interest Rates By 50 BPS
The U.S. central bank kicked off an anticipated series of interest rate cuts on Wednesday. The half percentage point reduction, however, was larger than anticipated. The U.S. Fed Chair Jerome Powell called the move a ‘recalibration’ to account for the decrease in inflation since last year.
Expert opinions on the 50 bps US Fed rate cut: Will RBI make the next move?
The US Federal Reserve's 50 bps rate cut signals the start of a new easing cycle after months of speculation. Experts view this as both an opportunity for markets and a potential risk, stressing the need for careful monitoring of economic indicators in the coming months.
India’s Das Tames Once-Volatile Rupee With $689 Billion Reserves
India’s central bank chief Shaktikanta Das has pulled off a rare balancing act: Clamping down on volatility in the rupee ...
Shaktikanta Das using a China-like $700 billion coffer to help Modi's ambitions and safeguard the economy
India's central bank chief Shaktikanta Das has managed to control rupee volatility while allowing it to weaken, supporting ...
India's central bank chief plays down fears of a deposit crunch
Reserve Bank of India Governor Shaktikanta Das raised the issue of slowing bank deposits underperforming an expansion in loans in an interview with CNBC.
Rupee Among Least Volatile Currencies Globally: Shaktikanta Das
The rupee has emerged as one of the least volatile currencies worldwide, remaining very stable against the US dollar and t ...
Shaktikanta Das wants policymakers to not jump on inflation data
Reserve Bank of India Governor Shaktikanta Das said policymakers need to remain firm despite a slight dip in inflation. While ...
Watch CNBC's full interview with Shaktikanta Das, Reserve Bank of India's Governor
CNBC's Tanvir Gill spoke to Shaktikanta Das, Reserve Bank of India's governor, in an exclusive interview for CNBC ...
RBI Guv Shaktikanta Das signals no policy change despite dip in inflation
Most economists don’t expect the RBI to ease borrowing costs until the final quarter of this year, predicting it will likely ...
India’s Das Tames Volatile Rupee With $689 Billion Reserves
India’s central bank chief Shaktikanta Das has pulled off a rare balancing act: Clamping down on volatility in the rupee ...