File photo of PM Modi and Shaktikanta Das (Pic credit: PTI) NEW DELHI: Former RBI governor Shaktikanta Das has been appointed as principal secretary-2 to Prime Minister Narendra Modi, a post that has been created for the first time. The notification was made on Saturday by the appointments committee of the cabinet.The appointment of Das, … Read more
MUMBAI: RBI governor Sanjay Malhotra in his maiden monetary policy committee (MPC) meeting had said that it was an ‘appropriate time’ to cut rates, given the macroeconomic outlook and expected inflation alignment with the target. Malhotra had argued that monetary easing, along with agricultural growth and budgetary measures, would stimulate household consumption, housing investment and … Read more
Budget 2025 & RBI MPC impact: A repo rate cut is always good news for home loan borrowers, since EMIs come down. (AI image) Loan EMI calculator after RBI MPC meet: Reserve Bank of India (RBI) governor Sanjay Malhotra on Friday announced the Monetary Policy Committee’s unanimous decision to cut the key repo rate by … Read more
NEW DELHI: Union finance minister Nirmala Sitharaman on Sunday outlined India’s economic trajectory, fiscal policies, and key government initiatives after she presented the 8th consecutive union budget a day earlier.Sitharaman reaffirmed the Centre’s commitment to fiscal consolidation while ensuring economic growth, infrastructure expansion, and sectoral support. Addressing global economic challenges, she detailed strategies to navigate … Read more