Experts anticipate October CPI inflation to reach between 5.83% and 6.2%, driven by rising vegetable and edible oil prices.
Commerce Minister Piyush Goyal called for the Reserve Bank of India (RBI) to cut interest rates, arguing that food inflation ...
However, the chances of a small cut in December do get thrown up ... the policy pivot in the US and an improving global investor sentiment. The Governor did reiterate that the RBI will continue ...
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 world’s fastest-growing major economy is “powered by buffers like strong macroeconomic fundamentals, stable financial ...
Uttar Pradesh has amended its Foreign Direct Investment policy 2023 to broaden eligibility for foreign investors by allowing ...
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.
"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 ...
Jayanth Rama Varma, a former member of the RBI’s rate panel, said there was no evidence that higher food costs are pushing up prices more broadly in the economy. Nomura Holdings Inc.’s Sonal ...
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.
India is at the forefront of the digital revolution, with financial technology driving digital payments and the digital ...
According to a quarterly report of Sa-dhan, as of June 30, 2024, microlenders’ combined microcredit portfolio stood at Rs 4.33 trillion, up 20.27 per cent ... Announcing the monetary policy review ...