MUMBAI: The Indian economy has shown a stronger rebound in recovery momentum than expected, said Reserve Bank of India governor Shaktikanta das Thursday. Addressing the 4th Annual Day of the Foreign Exchange Traders Association of India (FEDAI), he cited a normalization of activity at various speeds in Q2FY21, after the …
Read More »RBI Governor Shaktikanta Das Tests Positive for Covid-19, Says He Is Asymptomatic
Reserve Bank of India (RBI) Governor Shaktikanta Das said Sunday that he tested positive for coronavirus. He is 63 years old. Shaktikanta Das confirmed the news on Twitter. He said that he will continue to work from isolation. He also said that he is in contact with all lieutenant governors …
Read More »Shaktikanta Das addresses the media on the outcome of the MPC meeting
RBI MPC Meeting Highlights: RBI Governor Shaktikanta Das has kept the repurchase rate unchanged once again at the latest monetary policy committee meeting. The stance is also unchanged at the meeting that concluded today. In another important announcement, the RBI governor said that the Real Time Gross Settlement (RTGS) payment …
Read More »Small Positive Growth May Not Be ruled out in Fiscal Year 21, Says Former RBI Governor Rangarajan
A small positive economic growth in 2020-21 may not be ruled out as sectors such as agriculture and essential goods and services were fully operational in the first quarter despite the coronavirus-induced lockdown, according to a document written in co-authored by former RBI Governor C Rangarajan. Rangarajan and India’s EY …
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