Latest News Related To RBI

Sir I need the Latest News about the Reserve Bank of India so please can you give me the latest news of the RBI and tell me from where I can download the latest news of the Reserve Bank of India?

RBI-RATES 2
PTI | 05:07 PM,Jul 17,2012

On the current situation, the RBI Governor said, "The On the current situation, the RBI Governor said, "The uncertainty surrounding economic activity has heightened in the post-crisis period. India is no exception." He added that assessing India's potential growth rate, consistent with our objective of low and stable inflation, remains a challenge. In its annual report for 2009-10, Subbarao said, the Reserve Bank had reported that the potential output of the Indian economy may have dropped from 8.5 per cent pre-crisis to 8.0 per cent post-crisis. "Latest assessment following the standard filtering technique suggests that potential output growth may have further fallen to around 7.5 per cent," he said. Meanwhile, for getting a clearer picture of the price rise trend, Subbarao proposed a producers price index saying that the present structure of measuring inflation does not capture the price movement of services. The Producer Price Index (PPI) will be better able to measure the average change over time in the sale prices of domestic goods and services, he said. "In its present structure, the Wholesale Price Index (WPI) does not capture the price movement of services. Also, it is a hybrid of consumer and producer price quotes," he said. Sellers' and purchasers' prices differ due to government subsidies, sales and excise taxes, and distribution costs, Subbarao said. "For these reasons, it is, therefore, desirable that we move towards developing a Producer Price Index (PPI) that measures the average change over time in the sale prices of domestic goods and services," he added.

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Answered By StudyChaCha Member

Can you provide me the details about Reserve Bank of India (RBI) latest recruitment?

Reserve Bank of India (RBI), Kolkata invites applications for the recruitment of Security Guard Posts

RBI Vacancy details:
Total No. of Vacancies: 08

Name of the Post:
Security Guard

Age Limit:
Your lower age limit is 18 years and upper age limit is 25 years as on 01-06-2013. Relaxation is applicable as per the rules.

Educational Qualification:
You must have passed Class X or under graduation.

Selection Process:
You will be selected based on written test and/ or interview.

Date
Last Date for Submission of Application: 22-07-2013

For more detail you can contact
Contact details
Reserve Bank of India
21st Floor, Central Office Building,
Shahid Bhagat Singh Marg, Fort, Mumbai, Maharastra 400001 ‎
022 2261 1954 ‎

Reserve Bank of India
Council House St,
Lal Dighi,
Kolkata, WB ‎

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