New Delhi: With the economy is yet to recover from the impact of the second COVID wave, the Reserve Bank of India (RBI) on Friday kept the benchmark interest rate unchanged for the seventh time in a row at 4 per cent.
Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das took the decision to maintain the status quo to support the ongoing growth recovery amid continued uncertainty and global financial market volatility.
The accommodative stance of MCP also saw the reverse repo rate being kept unchanged at 3.3 per cent.
The MPC has been given the mandate to maintain annual inflation at 4 per cent until March 31, 2026, with an upper tolerance of 6 per cent and lower tolerance of 2 per cent.
Bhubaneswar: The state government has extended the last date for submission of inputs for preparation…
Bhubaneswar: The Forest Department has suspended three field officials in connection with the electrocution death…
Mumbai: The first poster of the Tiger Shroff-starrer ‘Baaghi 4’ is out. The poster shows…
Bhubaneswar: What came first -- chicken or egg? Scientists have finally found some evidence to…
Mumbai: Ashneer Grover of Shark Tank India fame, who was slammed by Salman Khan on…
New Delhi: Prime Minister Narendra Modi met outgoing US President Joe Biden and other world…
Balasore: A POCSO Court has sentenced a man to rigorous imprisonment for 25 years for…
Bhubaneswar: An elderly man from West Bengal was found hanging in the room of a…