This week, market started with a gap-up and maintained the gain with volatility
The market was on a rampant during the last 2 months. In CY22, main index is down by 15% while mid & small caps by 20 to 30%
Shaktikanta Das said the economy has the potential to grow at a reasonably high pace, provided private capital investment resumes
The central bank is for an outright ban, government wants some form of regulation
The government has reappointed Das as the governor of the central bank for a period of three years beyond December 10, 2021
The retail inflation has started to move down after being above 6% in May and June. In September, the inflation was ruling at 4.35%
CPI inflation is seen at 5.3% for this fiscal. In Q2, it is seen at 5.1%, 4.5% in Q3 and 5.8% in Q4, with risks broadly balanced.
Repo rate is the rate at which the RBI provides liquidity to banks to overcome short-term mismatches.
Repo rate and reverse repo rate have been kept unchanged along with accommodative stance
He noted that there would be a need to guard against any emergence of the digital divide, as digitisation gains speed after the pandemic
