June 14, 2018 04:38 PM IST
Market analysts call Indian rupee overvalued and predict that it may reach up to Rs 70 per dollar, possibly, by the next year
June 14, 2018 12:07 PM IST
WPI witnessed a growth of 3.18 percent in April and 2.26 percent in May 2017
June 14, 2018 08:29 AM IST
ICRA's principal economist Aditi Nayar says the Monetary Policy Committee’s (MPC) surprise decision wisely hedges before the crucial data on monsoon, minimum support prices (MSP) and volatile global oil prices play out going forward.
June 12, 2018 05:51 PM IST
RBI revised CPI inflation estimated for 2018-19 and projected it at 4.8-4.9 percent in April-September
June 11, 2018 11:58 AM IST
On June 6, the Reserve Bank of India (RBI) raised the repo rate for the first time since 2014, by 25 basis points to 6.25 percent, as recent data showed significant increases for both inflation and growth. But the central bank kept its "neutral" policy stance unchanged.
June 07, 2018 09:14 PM IST
The government breached its fiscal deficit target of 3.2 percent of GDP, but managed to meet its revised target of 3.5 percent for FY18.
June 06, 2018 09:36 PM IST
Rise in inflation expectations was cited as a key reason behind the monetary policy committee's decision to hike the policy repo rate by 25 basis points to 6.25 percent on Wednesday.
June 06, 2018 09:13 PM IST
Some housing financing companies focusing on the affordable housing segment have shown an above-average increase in delinquencies with gross NPA between 4 to 5 percent.
June 06, 2018 07:49 PM IST
Soon after RBI's Monetary Policy Committee hiked repo rate by 25 basis points, here's what top bankers said about the move.
June 06, 2018 06:52 PM IST
Since the beginning of the year, INR has depreciated by more than 5 percent.
June 06, 2018 04:46 PM IST
A unanimous decision to hike rates comes with a dovish undertone
May 14, 2018 05:36 PM IST
RBI, last month, slashed CPI inflation estimate to 4.7-5.1 percent for April-September 2018
May 14, 2018 12:12 PM IST
WPI witnessed a growth of 2.47 percent in March and 3.85 percent April 2017
May 07, 2018 02:40 PM IST
The BOJ last month removed any reference to a timeframe for hitting its 2 percent inflation target, in a surprise move analysts said was aimed at keeping market expectations for more stimulus in check.
May 05, 2018 03:00 PM IST
In place of a thicket of forces that held inflation down in recent years, the economy is digesting massive fiscal stimulus from the Trump administration's tax cuts and spending as well as import tariffs that have sent steel and aluminium prices higher.
April 19, 2018 07:33 PM IST
The RBI deputy says he is likely to shift decisively to vote for a beginning of “withdrawal of accommodation” in the June MPC meeting
April 13, 2018 08:28 PM IST
Bhalla also said that real interest rate, which is the difference between the nominal interest rate and inflation, is very high in India and not justified for an emerging economy.
April 13, 2018 03:45 PM IST
American brokerage Morgan Stanley, has said that the rise in inflation in the second half of the year which the RBI's lowered estimate also expects, may also result in a "shallow rate hike" cycle from October-December.
April 05, 2018 02:35 PM IST
Repo rate, which is the rate at which banks borrow from RBI to meet short term fund requirements, stands at six percent while the reverse repo stands at 5.75 percent.
March 26, 2018 01:55 PM IST
The country is well poised to click a growth rate of 7-8 percent and with focus on start-ups, MSMEs and infrastructure investment it can step on to higher growth pedestal, Economic Affairs Secretary Subhash Chandra Garg said.
March 18, 2018 11:11 AM IST
For the Reserve Bank, the Consumer Price Index (CPI)-based retail inflation continues to remain the prime focus, besides monsoon, high crude oil prices and global financial conditions.
March 14, 2018 01:20 PM IST
On the basis of Wholesale Price Index (WPI), inflation was 2.84 per cent in January and 5.51 per cent in February 2017.
March 13, 2018 02:17 PM IST
According to Swiss brokerage firm UBS, the headline CPI inflation may average close to 4.7 per cent in 2018-19 (as against 3.6 per cent estimated in 2017-18).
March 05, 2018 10:49 AM IST
Services activity suffered for most of last year following a ban of high value currency notes in November 2016. The July 1 implementation of a national sales tax 1 was another setback, weakening demand.
February 26, 2018 02:42 PM IST
According to the global financial services major, minutes from the February 7 meet of Monetary Policy Committee (MPC) seem "hawkish", and highlight upside risks to inflation.
