BREAKING NEWS
Global Covid-19 death toll passes three million
After HDK’s allegations, Health Min says, there is no shortage of beds
Researchers led by Indian-origin scientist identify genes that fight virus causing COVID-19
Former CM HD Kumaraswamy tests positive for Covid-19
Hassan Rave party: Mangaluru woman head constable, son under scanner
PM Modi urges to keep Kumbh participation symbolic amid COVID crisis
Noted Tamil comic actor Vivek no more
Karnataka government tightens rules for weddings, public gatherings; releases guidelines
Karnataka reports biggest single day spike of 14,859 COVID cases ,78 deaths
Top seer at Kumbh Mela in Haridwar dies of COVID-19
SII CEO urges US to lift raw material export ban to ramp up vaccine production
CM BS Yediyurappa tests positive for Covid-19; shifted to Manipal hosp
K’taka to decide on future course of action to control COVID-19 on April 20, curfew to continue: CM
Govt simplifies process for re-issue of OCI cards; Indian-Americans welcome revised rules
Bantwal: Man held for refilling, selling empty gas cylinders
RBI keeps interests rates unchanged
PTI, Apr 7, 2021, 11:15 AM IST
Mumbai: Reserve Bank of India on Wednesday expectedly left interest rates unchanged and maintained an accommodative stance as the economy faces a renewed threat to growth due to the resurgence of COVID-19 cases.
The central bank kept the benchmark repurchase rate unchanged at 4 per cent and maintained an accommodative policy stance to support growth.
RBI Governor Shaktikanta Das said the Monetary Policy Committee (MPC) kept its estimate for economic growth unchanged at 10.5 per cent for the current fiscal.
MPC saw inflation edging up to 5.2 per cent in the first half of the new fiscal from 5 per cent in the January-March period and moderate to 4.4 per cent in Q3 of FY22.
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