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“India’s potential growth is propelled by structural drivers,” says RBI Guv Shaktikanta Das as he announces the monetary policy.
RBI MPC opts for status quo, keeps repo rate unchanged at 6.5%, maintains monetary policy stance as withdrawal of accommodation.
Today’s Rate
Tuesday 12 Nov. 2024
Gold 24 KT
75,900 /-
Gold 22 KT
70,600 /-
Silver / Kg
90,000 /-
Platinum
44,000 /-
Recommended rate for Nagpur sarafa Making charges minimum 13% and above
Growth is accelerating and outpacing most analysts’ forecasts and the MPC decides to remain focused on withdrawal of accommodative stance. Uncertainty in food prices continue to impinge on headline inflation.
“Momentum in domestic activities continues to be strong,” Das says.
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