News
India's final composite PMI for July was 54.3, unchanged from the previous month.
India's final services PMI for July was 53.3, below the expected 54.5 and the previous reading of 53.1.
Russia says the attack damaged three ships near Odessa.
The Governor of the Reserve Bank of India concluded his speech.
Indian market regulators have stated that no structural or design flaws were found in the CAS (Closing Auction Session). It is too early to determine whether a review is necessary at this stage. Brokers have been urged to increase their participation. No timetable for a review has been considered at this time.
The Russian Ministry of Defense reported that three ships were damaged near Odessa.
India's central bank reserve requirement ratio as of August 5 was 3%, in line with expectations and unchanged from the previous value.
The Reserve Bank of India's reverse repo rate as of August 5 was 3.35%, unchanged from the previous rate.
The Governor of the Reserve Bank of India has proposed a unified and standardized regulatory framework for lending rates. India's stronger macroeconomic fundamentals will help it weather global shocks.
Reserve Bank of India Governor: Additional measures will be announced.
The Russian Ministry of Defense stated that the facilities were used for military purposes.
Reserve Bank of India Governor: We will continue to curb excessive volatility and suppress speculative behavior in the foreign exchange market.
Reserve Bank of India Governor: A healthy balance of payments surplus is expected.
Reserve Bank of India Governor: Foreign exchange reserves can cover more than 10 months of imports.
Reserve Bank of India Governor: India's foreign exchange reserves remain ample.
The Russian Ministry of Defense stated that Russia has disrupted logistics hubs in and around Kyiv.
Reserve Bank of India Governor: Capital flow measures implemented in June will support capital inflows.
Reserve Bank of India Governor: Core inflation is expected to be 4.3%.
Reserve Bank of India Governor: Parameters at the banking system level are healthy.
Reserve Bank of India Governor: We will ensure adequate liquidity in the banking system.