RBI Monetary Policy June 2024 Highlights: RBI holds repo rate at 6.50%; forecasts 7.2% GDP growth for FY25

RBI Monetary Policy June 2024 Highlights: RBI holds repo rate at 6.50%; forecasts 7.2% GDP growth for FY25

Aspirational Goals for RBI@100 in a Multi-Year Time Frame: 1. Monetary Policy and Liquidity Management  Positioning the Reserve Bank as Leader of the Global South  Review of Monetary Policy Framework to address:  Balancing price stability and economic growth from an Emerging Market Economy (EME) perspective;  Refinements in monetary policy communication; and …

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RBI Monetary Policy 2024 Live: RBI holds repo rate at 6.50%; forecasts 7.2% GDP growth for FY25

RBI Monetary Policy June 2024 Highlights: RBI holds repo rate at 6.50%; forecasts 7.2% GDP growth for FY25

Aspirational Goals for RBI@100 in a Multi-Year Time Frame: 1. Monetary Policy and Liquidity Management  Positioning the Reserve Bank as Leader of the Global South  Review of Monetary Policy Framework to address:  Balancing price stability and economic growth from an Emerging Market Economy (EME) perspective;  Refinements in monetary policy communication; and …

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fii selloff: FIIs follow ‘sell in May and go away’ mantra ahead of election results with Rs 25,600 crore sell-off

fii selloff: FIIs follow ‘sell in May and go away’ mantra ahead of election results with Rs 25,600 crore sell-off

By selling Indian stocks worth nearly Rs 25,600 crore last month, foreign institutional investors (FIIs) followed the old Wall Street adage of ‘Sell in May and go away’. FIIs have dramatically increased their net shorts positions in index futures from 5,000 contracts on May 29 to 3.18 lakh on May 31. “The main trigger for …

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