India building up gold reserves, says Das

[ad_1] Reserve Bank Governor Shaktikanta Das on Friday said India has been building up gold reserves as part of its forex deployment.Also read:RBI’s forex reserves build-up leads to a huge $64.182 billion accretion in FY24 so far “We are building...

MPC keeps repo rate unchanged at its 1st meeting of FY25

[ad_1] RBI Governor Shaktikanta Das addresses during a press conference regarding the monetary policy decisions, in Mumbai on Friday | Photo Credit: ANI The RBI’s rate setting panel, as was widely anticipated, stood pat on the policy repo rate in...

RBI keeps repo rate unchanged at 6.50% for seventh consecutive time

[ad_1] The Reserve Bank of India’s Monetary Policy Committee on Friday decided to keep the repo rate unchanged at 6.50% for the seventh consecutive time.The repo rate is the interest rate at which the central bank lends money to commercial...

Food price uncertainties to weigh on inflation trajectory, RBI retains FY’25 forecast at 4.5%

[ad_1] The Reserve Bank on Friday said that food price uncertainties will continue to weigh on the inflation trajectory going forward, even as it retained 4.5 per cent retail inflation projection for the current fiscal.Also read: RBI to allow UPI...

RBI retains 7% GDP growth forecast for FY25 – RBI Governor Shaktikanta Das

[ad_1] The Reserve Bank on Friday retained the GDP growth forecast of 7 per cent for the 2024-25 financial year, lower than the 7.6 per cent expansion estimated for FY24. In its February monetary policy, the RBI had projected the...