after the Reserve Bank of India reduced the key policy rate by 25 basis points in line with street expectations. The Governor also said, most of the depreciation in the Indian currency is driven ...

Under the FIT framework, the RBI targets maintaining headline CPI inflation at 4 per cent, (+/-2) percent. The governor said after being introduced in the 2016 and reviewed in 2021, FIT has has ...

All six members of the Reserve Bank of India’s monetary policy committee, chaired by Governor Sanjay Malhotra, voted unanimously to lower the benchmark repurchase rate by 25 basis points to 6.25 ...

Malhotra, a career bureaucrat who took over as the Governor of RBI in December, also said that the Rs 1 lakh crore of tax relief given to the middle class to spur consumption will not have any major ...