Tag: Shaktikanta Das

Adani Group under fire, once again: The bribery indictment story so far and what next?

StocksNovember 22, 2024

The Adani Group, led by billionaire Gautam Adani, was caught in yet another controversy, this time facing allegations from US prosecutors. Indicted for a million-dollar bribery scheme, Gautam Adani and seven others, including his nephew...

No respite! Adani Group stocks plunge up to 11% as Kenya cancels deals after US charges against Gautam Adani

BusinessNovember 22, 2024

Adani Group has rejected accusations as "baseless", whilst Indian government officials have remained silent on the matter. Adani Group stocks latest news: Adani Group stocks experienced continued market pressure as its shares declined for...

RBI parks majority of its gold reserves in India; Local holdings up 100 tonnes in H1

EconomyOctober 29, 2024

Domestic holdings of gold by the Reserve Bank of India (RBI) rose by more than 100 metric tonnes in the half-year ended September,...

Quite risky to cut rates at this stage: RBI Guv Shaktikanta Das

EconomyOctober 19, 2024

MUMBAI: Any move to cut interest rates right now would be hasty and potentially fraught with risk as inflation remains above target and...

‘RBI not police’: Governor Shaktikanta Das on action against financial market

BusinessOctober 18, 2024

Reserve Bank of India governor Shaktikanta Das on Friday said that the central bank doesn't act as a policeman but keeps...

RBI governor Shaktikanta Das: Rate cut now is very risky

BusinessOctober 18, 2024

Das has repeatedly said the RBI wants to see inflation settling around the 4% target level on a durable basis before considering...

RBI may shift monetary stance to ‘Neutral’; rate cuts likely by December 2024: Nuvama

EconomyOctober 5, 2024

The Reserve Bank of India (RBI) will shift its monetary stance to 'neutral' from current 'withdrawal of accommodation' in credit policy this month,...

Newly reconstituted MPC with 3 new members to begin maiden meeting on Monday

EconomyOctober 2, 2024

Newly reconstituted Monetary Policy Committee of the Reserve Bank of India with three new appointed external members will commence its maiden meeting on...