Monetary policy refers to the actions taken by a country's central bank. It aims to control inflation and stabilise the currency. This policy influences interest rates and money supply. Central banks use tools like open market operations and reserve requirements. Effective monetary policy can promote economic growth. It plays a crucial role in maintaining financial stability. Understanding it is essential for economic health.
The Reserve Bank of India (RBI) withdrew ₹2 lakh crore liquidity through a Variable Rate Reverse Repo (VRRR) auction. The operation was conducted to absorb excess funds from...
India’s GDP growth projection by the International Monetary Fund (IMF) for 2024 has declined, affecting its global ranking. The IMF reduced India’s growth forecast to 5.9% from an...
The International Monetary Fund (IMF) released its latest World Economic Outlook, forecasting a global economic growth slowdown to 3.0% in 2024. The revision marks a 0.2 percentage point...
The Indian rupee depreciated against the US dollar due to the latter's strengthening in global currency markets. The rupee fell by 0.5% to 83.20 per dollar on the...
The Reserve Bank of India (RBI) launched its medium-term strategy framework named ‘Utkarsh 2029’ in Mumbai. The framework outlines RBI’s strategic priorities and operational goals for the next...
The Reserve Bank of India (RBI) has introduced a Variable Rate Reverse Repo (VRRR) auction worth ₹2 lakh crore. This move aims to absorb the excess liquidity in...
The Reserve Bank of India (RBI) has projected India’s Gross Domestic Product (GDP) growth at 6.9% for the fiscal year 2026-27. This forecast reflects the central bank’s assessment...
India’s statistical system has undergone a major update with the revision of the Gross Domestic Product (GDP) base year from 2011-12 to 2022-23. The revised estimates were released...
The Reserve Bank of India’s decision to keep policy interest rates unchanged at the February Monetary Policy Committee (MPC) meeting signals a phase of cautious consolidation. After cumulative...
India is set to host Bharat Steel 2026, a two-day international conference-cum-exhibition on 16–17 April at Bharat Mandapam, New Delhi. Organised by the Ministry of Steel, the event...
