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Government Retains 4% Retail Inflation Target Till 2031 in Consultation with RBI

The central government has retained the 4% retail inflation target for the next five years, from April 1, 2026, to March 31, 2031, with a tolerance band of 2–6%. This decision, made in consultation with the Reserve Bank of India (RBI), continues the inflation-targeting framework that was first introduced in 2016. The move aims to maintain price stability while allowing some flexibility in the target, accommodating short-term volatility. The government’s inflation target, outline

Finance & Economics

25 Mar 2026 23:51 PM 122 views

Government Retains 4% Retail Inflation Target Till 2031 in Consultation with RBI

The central government has retained the 4% retail inflation target for the next five years, from April 1, 2026, to March 31, 2031, with a tolerance band of 2–6%. This decision, made in consultation with the Reserve Bank of India (RBI), continues the inflation-targeting framework that was first introduced in 2016. The move aims to maintain price stability while allowing some flexibility in the target, accommodating short-term volatility. The government’s inflation target, outline

Finance & Economics

China seeks stronger yuan as Xi Jinping outlines push for global reserve currency

Global News

02 Feb 2026 12:15 PM 127 views

China seeks stronger yuan as Xi Jinping outlines push for global reserve currency

Global News

Trump criticizes Fed chair Powell over interest rates after FOMC decision

US President Donald Trump sharply criticized Federal Reserve Chair Jerome Powell on Thursday following the central bank’s decision to leave interest rates unchanged, accusing him of delaying necessary rate cuts and undermining the nation’s economic strength, national security and global competitiveness. The comments came shortly after the Federal Open Market Committee announced it would maintain its benchmark interest rate, a move that aligned with market expectations but drew strong poli

US News

29 Jan 2026 11:40 AM 282 views

Trump criticizes Fed chair Powell over interest rates after FOMC decision

US President Donald Trump sharply criticized Federal Reserve Chair Jerome Powell on Thursday following the central bank’s decision to leave interest rates unchanged, accusing him of delaying necessary rate cuts and undermining the nation’s economic strength, national security and global competitiveness. The comments came shortly after the Federal Open Market Committee announced it would maintain its benchmark interest rate, a move that aligned with market expectations but drew strong poli

US News

Fed chair to attend Supreme Court arguments in Trump challenge over governor removal

US News

19 Jan 2026 14:48 PM 256 views

Fed chair to attend Supreme Court arguments in Trump challenge over governor removal

US News

Japan central bank eyes rate increase amid inflation and weak growth

Japan’s central bank on Thursday began its final policy meeting of the year, with markets widely expecting a further increase in benchmark interest rates as officials continue the gradual shift away from years of ultra-loose monetary policy. The decision, scheduled to be announced on Friday, could mark the highest borrowing costs Japan has seen in three decades, underscoring the Bank of Japan’s determination to normalize policy amid persistent inflation pressures. Market pricing

Business

18 Dec 2025 14:18 PM 239 views

Japan central bank eyes rate increase amid inflation and weak growth

Japan’s central bank on Thursday began its final policy meeting of the year, with markets widely expecting a further increase in benchmark interest rates as officials continue the gradual shift away from years of ultra-loose monetary policy. The decision, scheduled to be announced on Friday, could mark the highest borrowing costs Japan has seen in three decades, underscoring the Bank of Japan’s determination to normalize policy amid persistent inflation pressures. Market pricing

Business

Appeals court rules Lisa Cook can stay at Federal Reserve despite Trump effort to remove her

A federal appeals court has ruled that Lisa Cook, a governor at the United States Federal Reserve, will remain in her position for now despite efforts by former President Donald Trump to remove her. The ruling from the US Court of Appeals for the District of Columbia Circuit came just before a major Federal Reserve meeting scheduled to begin on Tuesday, where policymakers are expected to weigh critical decisions on interest rates. Trump has sought to dismiss Cook from her role, accu

Crime & Justice

15 Sep 2025 22:03 PM 642 views

Appeals court rules Lisa Cook can stay at Federal Reserve despite Trump effort to remove her

A federal appeals court has ruled that Lisa Cook, a governor at the United States Federal Reserve, will remain in her position for now despite efforts by former President Donald Trump to remove her. The ruling from the US Court of Appeals for the District of Columbia Circuit came just before a major Federal Reserve meeting scheduled to begin on Tuesday, where policymakers are expected to weigh critical decisions on interest rates. Trump has sought to dismiss Cook from her role, accu

Crime & Justice

Who Is Lisa Cook? Fed Governor Faces Trump Removal Over Mortgage Fraud Allegations

Lisa Cook, appointed as a Federal Reserve governor by President Joe Biden in 2022, has become embroiled in a political and legal controversy. President Donald Trump recently called for her removal from the Fed, citing allegations of mortgage fraud. This decision has sparked widespread debate about political interference in the independence of the Federal Reserve, an institution that plays a crucial role in shaping US monetary policy and regulating the financial

Political News

26 Aug 2025 08:31 AM 973 views

Who Is Lisa Cook? Fed Governor Faces Trump Removal Over Mortgage Fraud Allegations

Lisa Cook, appointed as a Federal Reserve governor by President Joe Biden in 2022, has become embroiled in a political and legal controversy. President Donald Trump recently called for her removal from the Fed, citing allegations of mortgage fraud. This decision has sparked widespread debate about political interference in the independence of the Federal Reserve, an institution that plays a crucial role in shaping US monetary policy and regulating the financial

Political News

Poonam Gupta Becomes First Woman in 10 Years to Be Appointed as RBI Deputy Governor

Poonam Gupta, a prominent economist with global expertise, has been appointed as the new Deputy Governor of the Reserve Bank of India (RBI). Her appointment marks a historic milestone, as she becomes the first woman in over a decade to assume this high-ranking position at India’s central bank. She succeeds Michael Patra, who retired in January 2024. Gupta brings with her nearly two decades of international experience, having worked with the World Bank, International Monet

Business

02 Apr 2025 10:03 AM 1.13k views

Poonam Gupta Becomes First Woman in 10 Years to Be Appointed as RBI Deputy Governor

Poonam Gupta, a prominent economist with global expertise, has been appointed as the new Deputy Governor of the Reserve Bank of India (RBI). Her appointment marks a historic milestone, as she becomes the first woman in over a decade to assume this high-ranking position at India’s central bank. She succeeds Michael Patra, who retired in January 2024. Gupta brings with her nearly two decades of international experience, having worked with the World Bank, International Monet

Business

RBI Keeps Rates Unchanged, Lowers GDP Growth Forecast

On Friday, the Reserve Bank of India (RBI) announced it would keep the repo rate unchanged at 6.5% for the 11th consecutive time. This decision comes despite the GDP growth rate for the July-September quarter falling to a 7-quarter low of 5.4%, which was below the RBI's earlier projection of 7%. The RBI paused its rate hike cycle in April last year after raising rates by 250 basis points since May 2022. In the fifth bi-monthly monetary policy review for the current fiscal year,

Finance & Economics

06 Dec 2024 04:02 AM 968 views

RBI Keeps Rates Unchanged, Lowers GDP Growth Forecast

On Friday, the Reserve Bank of India (RBI) announced it would keep the repo rate unchanged at 6.5% for the 11th consecutive time. This decision comes despite the GDP growth rate for the July-September quarter falling to a 7-quarter low of 5.4%, which was below the RBI's earlier projection of 7%. The RBI paused its rate hike cycle in April last year after raising rates by 250 basis points since May 2022. In the fifth bi-monthly monetary policy review for the current fiscal year,

Finance & Economics

China Unveils Bold Monetary Stimulus to Revive Economy Amid Slow Growth Concerns

In response to growing concerns over slowing economic growth, the People's Bank of China (PBOC) has announced a comprehensive package of monetary stimulus measures. This initiative underscores the government's urgency to stabilize the economy and regain investor confidence, especially as the country risks missing its annual growth target of around 5%. Key elements of the package include a reduction in the seven-day reverse repurchase rate to 1.5% and a cut in the reserve req

Business

24 Sep 2024 04:50 AM 892 views

China Unveils Bold Monetary Stimulus to Revive Economy Amid Slow Growth Concerns

In response to growing concerns over slowing economic growth, the People's Bank of China (PBOC) has announced a comprehensive package of monetary stimulus measures. This initiative underscores the government's urgency to stabilize the economy and regain investor confidence, especially as the country risks missing its annual growth target of around 5%. Key elements of the package include a reduction in the seven-day reverse repurchase rate to 1.5% and a cut in the reserve req

Business

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#monetarypolicy

Government Retains 4% Retail Inflation Target Till 2031 in Consultation with RBI

Government Retains 4% Retail Inflation Target Till 2031 in Consultation with RBI

China seeks stronger yuan as Xi Jinping outlines push for global reserve currency

China seeks stronger yuan as Xi Jinping outlines push for global reserve currency

Trump criticizes Fed chair Powell over interest rates after FOMC decision

Trump criticizes Fed chair Powell over interest rates after FOMC decision

Fed chair to attend Supreme Court arguments in Trump challenge over governor removal

Fed chair to attend Supreme Court arguments in Trump challenge over governor removal

Japan central bank eyes rate increase amid inflation and weak growth

Japan central bank eyes rate increase amid inflation and weak growth

Appeals court rules Lisa Cook can stay at Federal Reserve despite Trump effort to remove her

Appeals court rules Lisa Cook can stay at Federal Reserve despite Trump effort to remove her

Who Is Lisa Cook? Fed Governor Faces Trump Removal Over Mortgage Fraud Allegations

Who Is Lisa Cook? Fed Governor Faces Trump Removal Over Mortgage Fraud Allegations

Poonam Gupta Becomes First Woman in 10 Years to Be Appointed as RBI Deputy Governor

Poonam Gupta Becomes First Woman in 10 Years to Be Appointed as RBI Deputy Governor

RBI Keeps Rates Unchanged, Lowers GDP Growth Forecast

RBI Keeps Rates Unchanged, Lowers GDP Growth Forecast

China Unveils Bold Monetary Stimulus to Revive Economy Amid Slow Growth Concerns

China Unveils Bold Monetary Stimulus to Revive Economy Amid Slow Growth Concerns

Austin Now Home to Tallest Building in Texas: Waterline Tower Breaks Record

Molly Schuyler Wins Z-Burger Championship With Record 40 Burgers in 10 Minutes

Ben & Jerry's Founder Arrested Over Gaza Protest

Video Game Reviews and Gameplay Tips

Gold Prices Rise by Rs 250 to Rs 80,550 per 10 Grams Amid Weakening Rupee

Raghav Chadha Hits Back at Nirmala Sitharaman's Remarks on Taxation in Parliament

Lafayette Thrift Shop Hosts Kitchen Sale Event June 3

Chandrababu Naidu, Chiranjeevi Attend Dr. Sharani’s "Mindset Shift" Book Launch in Vijayawada

CM Jagan Injured: Pawan Kalyan has feisty demand

Virtual Reality (VR) Gaming

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