Policies are Meant for Growth not for Impairment
Central Bank Digital Currency in India – An Overview Introduction: On 1st February, 2022, in its Union Budget which was placed in the Parliament, Government of India announced its launch of the Digital Rupee (a Central Bank Digital Currency (CBDC)) from 2022-23. It was announced that introduction of CBDC will be a big boost for …
MPC announced Monetary Policy Statement Today (i.e. 07th December 2022), the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), has announced its monetary policy statement. MPC has increased the policy rate (repo rate) by 35 basis points with immediate effect. This takes the repo rate to 6.25 per cent. As a result, …
Currency with Public at Rs. 30.89 lakh Crore – Higher than before Demonetization Currency with public refers to notes and coins used by people to transact, settle trades, and for buying goods and services. The figure comes after subtracting cash with banks from currency in circulation. Currency/ Cash with public in 21st October, 2022, was …
Inflation Paradigm Shift – An Overview An interesting article titled “Inflation’s paradigm shift, explained” published in the WEO forum on 3rd November 2022. First, let us what the paper talks about before going to our view. The article started with the following key points The Major highlights of the article stated are as follows A …
On 20th October, 2022, Reserve Bank of India (RBI), Deputy Governor, Shri T Rabi Sankar, delivered a Keynote address at the Annual Day event of Foreign Exchange Dealers Association of India (FEDAI) at Mumbai. Internationalisation of Indian Rupee On 20th October, 2022, Reserve Bank of India (RBI), Deputy Governor, Shri T Rabi Sankar, delivered a …
