Experts anticipate October CPI inflation to reach between 5.83% and 6.2%, driven by rising vegetable and edible oil prices.
So, why is it not easing its policy? First ... the asset-liability mismatch for banks has gone up. In this scenario, if RBI had decided to cut the repo rate, banks would have cut their lending ...
The chances of a rate cut by the Reserve Bank of India next month were blown out of the water by ... Ironically, the Monetary ...
Uttar Pradesh has amended its Foreign Direct Investment policy 2023 to broaden eligibility for foreign investors by allowing ...
Food inflation rose to 9.69% in October, up from 9.24% in September. Rural inflation also increased to 6.68%, compared to ...
Poll medians through the end of next year showed the RBI cutting ... to loosen monetary policy settings." (Other stories from the October Reuters global economic poll) Sign up here.
India is at the forefront of the digital revolution, with financial technology driving digital payments and the digital ...
India’s inflation accelerated to a 14-month high and breached the upper end of the central bank’s target, giving it further ...
"The reserves have been built up to take care of excessive volatility. If there are sharp outflows, RBI will step in to ... and fallout from China's policy responses that could affect India's ...
A jeweller in Mumbai was tricked by a man posing as an RBI employee, who used fake payment receipts to steal gold worth ₹1 lakh.
As per RBI, by October-end, only Rs 6970 crore worth of Rs 2000 banknotes remain out. Exchange facility continues at RBI ...
The RBI’s Monetary Policy Report issued in October 2024 has more to say on ... and adverse weather events.” They add up to 10 ...