Breaking News: RBI keeps repo rate unchanged at 6.25%, to withdraw incremental CRR from Dec 10
Advertisement
Advertisement
Advertisement
This is the first monetary policy since Prime Minister Narendra Modi announced
The Monetary Policy Committee (MPC) kept the Cash Reserve Ratio (CRR) unchanged . The
Indian economy grew 7.3% between July and September. The announcement comes at a time when there is a surge of capital flows back into the United States. This might give Federal Reserve room to cut rates next week.
The RBI maintained an accommodative stance. The projects CPI at 5% in Q4 of 2016-17 with risks tilted to the upside.
Advertisement
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Having an regional accent can be bad for your interviews, especially an Indian one: study
- Dirty laundry? Major clothing companies like Zara and H&M under scrutiny for allegedly fuelling deforestation in Brazil
- 5 Best places to visit near Darjeeling
- Climate change could become main driver of biodiversity decline by mid-century: Study
- RBI initiates transition plan: Small finance banks to ascend to universal banking status