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Some would be disappointed as the central bank maintained the status quo regarding interest rates, holding them at 4 per cent for over a year now
Read more about Top Headlines: CBSE Class 12 Board cancelled, Maruti's sales take 71% hit on Business Standard. Our top headlines Wednesday track the Indian economy
Read more about A no-action policy with focus on growth on Business Standard. 'Unwinding' is unlikely to happen before the third quarter of this year even if we don't mess up in tackling a possible third wave of Covid; rate hike may have to wait for next year
Read more about Inflation range of 2-6% is appropriate for monetary policy: RBI report on Business Standard. Even as the foreword of the report has been written by RBI governor Shaktikanta Das, the report is not the official view of the central bank
The Reserve Bank of India on Friday promised abundant liquidity to calm market nerves, after yields surged past 6% amid apprehension of extra supply of government papers.