The Reserve Bank of India’s Monetary Policy Committee (MPC) met out of turn to review and compile the report required under Section 45ZN of the RBI Act, 1934 & Regulation 7 of the RBI MPC & Monetary Policy Process Regulations 2016. Which will be delivered to the government and explain why it failed to maintain […]
ShreeMetalPrices: Crown Prince Mohammed bin Salman of Saudi Arabia is expected to visit India in November.
The crown prince Mohammed bin Salman of Saudi Arabia, is most likely to travel to India for a quick visit in the middle of November. The trip’s main objectives are likely to be the effects of the crisis in Ukraine, particularly with regard to energy security. As well as bilateral trade & investments. (Read More) […]
The upcoming week is jam-packed with numerous domestic and international macroeconomic data, as well as the beginning of India Inc.’s corporate earnings for the September quarter. Dalal Street will also closely monitor changes in the INR, crude oil prices, FII flows, Futures & Options cues, and geopolitical tensions. According to Ajit Mishra of Religare Broking, […]
ShreeMetalPrices: The central bank of India will Shortly Test Launch a Digital Version of Indian Currency.
The Reserve Bank of India (RBI), which is India’s central bank, announced that it would shortly start a pilot programme to introduce a digital version of the rupee for particular use cases.The RBI stated in an official letter that it has also produced a concept note on Central Bank Digital Currency (CBDC) that intends to […]