by AIP Online Bureau | Aug 10, 2023 | Banking & Bancassurance, Disaster & Management, Eco/Invest/Demography, Indian News, Policy, Regulation
Shaktikanta Das,Governor,Reserve Bank of India “Liquidity plays a major role with regards to inflation – both in pushing up inflation and controlling inflation,” RBI Governor Shaktikanta Das said, explaining the decision.”While inflation has...
by AIP Online Bureau | Aug 4, 2023 | Eco/Invest/Demography, International News, Policy, Wealth Management/ Philanthropy
Upcoming decisions are on a knife-edge. Pausing too early could cause financial conditions to loosen too fast, re-igniting inflationary pressures. Stopping too late could trigger a credit crunch and a recession. So far, nine developed economies have raised rates by a...
by AIP Online Bureau | Jun 14, 2023 | Eco/Invest/Demography, International News
Fed Chair Jerome Powell The Fed has raised its benchmark rate by a substantial 5 percentage points since March of last year — the fastest pace of increases in 40 years. WASHINGTON: The Federal Reserve kept its key interest rate unchanged Wednesday after having raised...
by AIP Online Bureau | Jun 8, 2023 | Eco/Invest/Demography, Indian News, Policy, Regulation
Shaktikanta Das, Governor, RBI The RBI maintained its policy stance of “withdrawal of accommodation” to ensure inflation progressively aligns with the committee’s target while remaining supportive of growth, Governor Shaktikanta Das said while...
by AIP Online Bureau | Apr 9, 2023 | Eco/Invest/Demography, Indian News, Life, Wealth Management/ Philanthropy
The return on post office term deposits of two years under the small savings schemes is 6.9 per cent, the same as offered by most banks on deposits of similar maturity New Delhi: Post office term deposits, which were fetching lesser returns than bank FDs in the recent...
