Indian stock markets shut for Eid celebrations
Indian stock exchanges are shut Thursday for Eid, with normal trading activities resuming Friday.
Indian stock exchanges are shut Thursday for Eid, with normal trading activities resuming Friday.
As the global economy continues to navigate uncertain waters, India finds itself at a crucial juncture, with its central bank steering the ship through turbulent seas.
The decision was taken at the Monetary Policy Committee (MPC) meeting of the apex bank.
Reserve Bank of India Governor Shaktikanta Das on Friday proposed to enable UPI for cash deposit facility.
Reserve Bank of India (RBI) Governor Shaktikanta Das at the Monetary Policy Committee (MPC) meeting on Friday announced the policy rate unchanged at 6.5 per cent.
The results of the auctions will be announced on the same day and the payment by the successful bidders will be made on April 8.
He was speaking at the opening ceremony of RBI@90, a programme marking 90 years of the Reserve Bank of India (RBI) in Mumbai.
“The RBI must address the aspirations of the youth and develop ‘out-of-the-box’ policies for all these emerging sectors to help the youth,” urged the PM.
The facility for the exchange of the Rs 2000 banknotes has been available at the 19 issue offices of the RBI since May 19, 2023.
India recent economic indicators paint a mixed picture, marked by a noteworthy reduction in the current account deficit (CAD) alongside persistent challenges in the trade balance.
