Nov 30, 2015 at 15:51 | Source: Moneycontrol.com
DBS Group expects the RBI to hold repo rate steady at 6.75 percent. "A combination of pending wage adjustments, uptick in CPI inflation readings, delay in supply-side fixes and external event risks (US Fed rate hikes) will leave the central bank on a cautious footing," it says.
Nov 30, 2015 at 08:59 | Source: Reuters
Asia's third-largest economy likely expanded 7.3 percent in the second quarter of the current financial year 2015/16 that ends in March, compared with 7 percent in April-June, according to analysts polled by Reuters.
Nov 28, 2015 at 16:30 | Source: CNBC-TV18
Chetan Ahya, Managing Director & Chief Economist Morgan Stanley, believes the 7th Pay Commission won't threaten the government's fiscal deficit target as the 12-months trailing number is right now at 3.4 percent.
Nov 17, 2015 at 22:28 | Source: PTI
Since January this year, the RBI has reduced repo rate by 125 basis points to 6.75 percent.
Nov 06, 2015 at 18:04 | Source: CNBC
On the topic of Prime Minister Modi's new gold monetization scheme, Rajan was confident that people would flock to the initiative.
Oct 28, 2015 at 17:01 | Source: Moneycontrol.com
A slight ray of hope was seen for the sluggish real estate sector when Reserve Bank of India (RBI) cut the repo rate by 50 basis points to 6.75 percent in September. However, an increase in stamp duty will increase the prices of the flats.
Oct 23, 2015 at 17:48 | Source: PTI
The official did not elaborate on composition or voting rights of the RBI Governor in the MPC, which will replace the current practice of the Governor deciding on interest rate on advice of the technical advisory committee.
Oct 21, 2015 at 19:17 | Source: Reuters
Meanwhile, three members suggested a 25 bps rate cut, while one adviser recommended the repo rate be kept unchanged.
Oct 15, 2015 at 14:14 | Source: Reuters
Weakening inflation and concern that a China-led global slowdown was weighing on Asia's third-largest economy pushed India's central bank to cut the repo rate to a 4 1/2-year low of 6.75 percent last month, taking many by surprise.
Oct 13, 2015 at 13:00 | Source: CNBC-TV18
If one were to look at the average IIP growth for April to August then around 20-25 percent was contributed from this sector, says Anubhuti Sahay, Senior Economist-Global Research, Standard Chartered Bank.