Retail Inflation Cooled from 6.83% in Aug to 5% in Sept In recent economic news, India has witnessed a significant decline in retail inflation, with the rate dropping from 6.83% in August to 5% in September. This development holds critical implications for various sectors, including those that aspirants preparing for government exams like teaching, police,…
RBI Flags High Inflation as Key Risk to Macroeconomic Stability, Vows to Bring Inflation to 4% The Reserve Bank of India (RBI) has raised concerns over rising inflation rates, identifying it as a critical risk to the country’s macroeconomic stability. In its recent announcement, the RBI has pledged to take measures to bring inflation down…
RBI Revealed Its Fourth Bi-Monthly Monetary Policy The Reserve Bank of India (RBI) recently announced its Fourth Bi-Monthly Monetary Policy, which holds significant importance for various government exams, including those for positions in the banking sector, civil services like IAS, and more. In this article, we will delve into the key highlights of this policy…
RBI Deputy Governor M. Rajeshwar Rao Gets One-Year Term Extension In a significant development in the banking sector, the Reserve Bank of India (RBI) has recently extended the term of Deputy Governor M. Rajeshwar Rao by one year. This move has garnered attention and holds relevance for aspirants preparing for various government exams, including those…
RBI Monetary Policy Meeting 2023: Key Highlights and Analysis The Reserve Bank of India (RBI) recently concluded its Monetary Policy Meeting for the year 2023, announcing several crucial decisions that have far-reaching implications for the Indian economy. This article delves into the key highlights of the meeting, discusses why this news is important, provides historical…
RBI’s Annual Report 2022-2023 The Reserve Bank of India (RBI) recently released its Annual Report for the fiscal year 2022-2023. This report provides valuable insights into the state of the Indian economy and the various measures undertaken by the central bank to ensure stability and growth. In this article, we will delve into the key…
Retail Inflation Drops :18-Month Low of 4.70% in April In a positive development for the economy, retail inflation in India witnessed a significant decline, reaching an 18-month low of 4.70% in April. This drop in inflation has brought much-needed relief to policymakers, consumers, and businesses across the country. The decline can be attributed to various…
