Articles for tag: Consumption, Control, DAS, Emphasizing, GDP, Governor, Growth, Indias, Inflation, Investment, Optimistic, RBI, reassures, Shaktikanta, Slowing, Trends

Market News

RBI Governor Shaktikanta Das reassures India’s growth amid slowing GDP, emphasizing inflation control and optimistic consumption and investment trends.

RBI Governor Shaktikanta Das reassures India’s growth amid slowing GDP, emphasizing inflation control and optimistic consumption and investment trends.

Shaktikanta Das, Governor of the Reserve Bank of India, affirmed that India’s economic growth story remains strong despite a slowdown in GDP during the first quarter. He highlighted that consumption and investment are both increasing. Das emphasized the need for new members in the Monetary Policy Committee to ensure timely meetings. He noted optimism in ...

Market News

India’s Bond Market Set to Shift as RBI Eyes Rate Cuts and Demand Rises

India’s Bond Market Set to Shift as RBI Eyes Rate Cuts and Demand Rises

ICICI Prudential Life Insurance is set to increase its investments in longer-duration federal government bonds, including the benchmark 10-year bonds, due to a favorable demand-supply scenario. Ketan Parikh, the head of fixed income investments, noted that the company’s long-term focus aligns well with investing in these longer-term bonds. As India’s fiscal deficit drives borrowing, the ...

Market News

RBI Proposes Same-Day Loans for Vendors: A Bold Step Toward Inclusion

RBI Proposes Same-Day Loans for Vendors: A Bold Step Toward Inclusion

The Reserve Bank of India (RBI) is encouraging fintech companies to consider offering “same-day” loans specifically designed for street vendors and hawkers. These loans would allow borrowers to receive and repay funds within 24 hours, aiming to enhance financial inclusion for individuals at the lower end of the economic spectrum. However, sources indicate that interest ...

50 Current Affairs Questions and Answers for Business category as on May 19, 2024

50 Current Affairs Questions and Answers for Business category as on May 19, 2024

Stay updated with the latest happenings in the financial world with these 50 multiple-choice questions. Based on significant events and updates reported on May 19, 2024, this comprehensive quiz is perfect for those preparing for competitive exams or anyone keen on current affairs. Current Affairs Questions and Answers for Business category Q1: Which company announced ...

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