Reserve Bank of India’s governor Shaktikanta Das on Monday while addressing high-level conference highlighted the need for emerging economies to strengthen their risk buffers.
Masonry Blog
Cost of imports up; RBI likely to turn cautious on Rupee
Imported inflation in India’s CPI has gradually increased since April 2024, contributing 0.5 percentage points by August 2024. With global prices rising, imported inflation is expected to further impact core inflation. The RBI is managing the rupee’s value to counter … Read More
Imported inflation edges up after months in the negative zone
Imported inflation is gradually rising from a negative base, contributing 0.5 percentage points to the Consumer Price Index inflation since April 2024. Global price increases and customs duty changes are influencing this trend, but strong FPI inflows and RBI intervention … Read More
US-India Strategic Partnership Forum to host India Leadership Summit 2024 on October 14
The US-India Strategic Partnership Forum (USISPF) aims to create a powerful partnership between the United States and India. As the only independent not-for-profit institution dedicated to strengthening the US-India partnership.
India’s industrial production sees marginal contraction, manufacturing production rises
India’s Index of Industrial Production (IIP) saw a marginal contraction of 0.1 per cent in the month of August, against July’s 4.7 per cent as manufacturing production rose by 1 per cent, the Ministry of Statistics data showed on Friday.
‘Enhancing Connectivity and Resilience’: PM Modi unveils 10-point plan to boost ASEAN-India ties
Prime Minister Narendra Modi unveiled a 10-point plan to bolster the ASEAN-India Comprehensive Partnership at the 21st ASEAN-India Summit to enhance connectivity and resilience.
US continues to be largest source of FDI in India: RBI census
With FDI growth outpacing overseas direct investment (ODI) rise, the ratio of outward to inward DI stock at market value declined to 16.1 per cent in March 2024 from 19.3 per cent a year, the RBI’s census revealed.
India’s forex reserves dip $3.7 bn to come off all-time record high
India’s foreign exchange reserves decreased by $3.7 billion to $701.18 billion as of October 4, according to the Reserve Bank of India. The RBI intervenes in the forex market to manage liquidity and prevent excessive rupee depreciation, ensuring orderly market … Read More
If rate cut happens in Feb, it will come with significant downward revision of GDP: Union Bank report
The Reserve Bank of India (RBI) holds the repo rate unchanged, shifting its policy stance to neutral, signaling ongoing inflation concerns. The UBI report suggests no rate cut in December due to rising inflation, with a possible rate cut and … Read More