Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
Indian bonds rallied the most in four months on Wednesday after the central bank announced fresh measures to boost banking-system liquidity, including government bond purchases and a foreign-exchange swap. The liquidity infusion is expected to offset cash drain from the RBI’s dollar sales to support the rupee, Asia’s worst-performing currency this year. (Mint) The Reserve […]
India’s recent macroeconomic data reinforces the case for a repo rate cut in the December monetary policy, Reserve Bank of India Governor Sanjay Malhotra said on Monday, triggering a drop in the bond yield. RBI Governor Sanjay Malhotra. (Reuters) “The monetary policy committee had signaled the scope of further rate cuts in October and the […]
The Reserve Bank of India’s inflation forecasting model is coming under increasing scrutiny from economists after the central bank consistently overestimated price pressures this year, contributing to a hawkish policy approach. With India’s inflation remaining soft, the RBI likely missed an opportunity to take pre-emptive action in August and October, PMEAC member Soumya Kanti Ghosh […]
