New Delhi, June 22 (IANS) Easing Middle East tensions and recent policy measures by the Reserve Bank of India and the government have eased near‑term stress on the Indian rupee, a report said on Monday.The report from Elara Securities said the domestic currency could appreciate against the American dollar in H1 FY27, as current account pressures reduce and flows improve, keeping the rupee oscillating within a 93‑95 range.If the US Federal Reserve raises rates, as expected with a 50 basis‑p…
Latest Monetary Policy News & Updates
Washington, June 7, (IANS) US President Donald Trump on Sunday expressed confidence in newly appointed Federal Reserve Chair Kevin Warsh on Sunday, saying he was “fantastic” and should make his own decisions on monetary policy, while arguing that the US Central bank should lower interest rates rather than raise them despite a stronger-than-expected jobs report. In an exclusive interview with NBC’s Meet the Press, Trump said he did not intend to pressure Warsh as he prepares to chair his first Fe…
New Delhi, June 5 (IANS) The reforms, rewards and resilience seen in the RBI MPC decisions can result in potential capital flows of $40 billion, which can pull back the rupee to 92-93 level against US dollar, an SBI Research report said on Friday, adding that it expects rate pause in RBI’s August policy.“We believe RBI will continue to look through inflation prints before taking a considerate call of a potential rate hike. We continue to believe that growth considerations could trump a more …
New Delhi, June 3 (IANS) As global economic growth slows down amid the West Asia crisis, India is projected to register 6.3 per cent growth in 2026–27 (FY27) and 6.4 per cent in 2027–28 (FY28), the Organisation for Economic Cooperation and Development (OECD) said on Wednesday.In the emerging-market economies, China’s growth is projected to ease from 5.0 per cent in 2025 to 4.5 per cent in 2026 and 4.3 per cent in 2027, as energy-related vulnerabilities and real estate sector adjustments we…
New Delhi, May 18 (IANS) Markets will face pressure from rising rates and currency headwinds, impacting rate‑sensitive sectors such as banking, real estate and capital‑intensive industries, a report said on Monday.The report from Systematix Institutional Equities said as wholesale inflation surged in April and the rupee risks breaching Rs 100 and official CPI forecasts will soon touch 6 to 7 per cent.”The latest Rs 3 per litre fuel price hike, following the Prime Minister’s austerity appea…
New Delhi, May 17 (IANS): Oil prices in the global market are likely to remain in the high range of $90 to 110 per barrel “as there is little prospect of a swift and durable settlement between the US and Iran and with it the full reopening of the Strait of Hormuz”, according to a Moody’s global report on geopolitical risks.Moody’s said even if safe passage in the Strait were to resume in the next six months, the oil market would remain supply-constrained, with persistently higher and more vola…
New Delhi, May 8 (IANS) Economists on Friday said they do not expect the Reserve Bank of India (RBI) monetary policy committee to exhibit any urgency to tighten policy as yet amid fast-evolving geopolitical situation.RBI Governor Sanjay Malhotra said last month that Central Bank is closely monitoring the fallout from the West Asia conflict and will not make firm commitments on the future path of policy rates.He signalled that the central bank was in no hurry to move on rates. “We are in a wait-a…
New Delhi, May 6 (IANS) India has earned an endorsement from one of the world’s top credit rating agencies, with Moody’s Ratings placing the nation among the most resilient large emerging market economies over the past five years, which is a recognition that comes at a time when global financial markets remain on edge over trade tensions and geopolitical uncertainty.In a recently released report, Moody’s said India ‘better placed’ than most of its emerging market peers to absorb future global sh…
Washington, April 30 (IANS) US President Donald Trump blasted Federal Reserve Chairman Jerome Powell after the central bank chief said he would stay on as a governor. “Jerome ‘Too Late’ Powell wants to stay at the Fed because he can’t get a job anywhere else — Nobody wants him,” Trump wrote on his Truth Social account on Wednesday (Local time), reports XinhuaEarlier, Powell confirmed he will step down as chair on May 15 but plans to remain on the Federal Reserve Board as a governor for a period…
Washington, April 30 (IANS) US Federal Reserve Chair Jerome Powell has warned that the central bank’s independence is “at risk” amid what he called unprecedented legal challenges, raising concerns about its ability to set policy free from political pressure. “These legal actions by the administration are unprecedented in our 113-year history,” Powell said on Wednesday (local time). He added that such moves are “battering the institution” and could undermine its role in guiding the …