The latest bimonthly policy announcement by the Reserve Bank of India has kept all policy rates unchanged for the fourth consecutive time since May 2020. The repo rate stays at 4 per cent and the reve...
The Reserve Bank of India (RBI) on Friday decided to hold rates and continue with its accommodative stance to help the recovering domestic economy gain more traction but was silent on the timeframe fo...
Retail inflation tumbled to a 14 month low of 4.59 per cent amid a dramatic fall in vegetable prices and contraction in overall food prices. Analysts in a Reuters poll had predicted inflation ...
The country’s retail inflation slightly eased in August to 6.69 per cent as food prices fell, but remained above the upper limit of the RBI tolerance band of 6 per cent for the fifth straight mo...
There is unlikely to be any good news on the inflation front with prices rising above the Reserve Bank of India’s medium term target in August, a Reuters poll has showed.
The poll of nearly 50 ...
Delhi chief minister Arvind Kejriwal has cut the value added tax on diesel to 16.75 per cent from 30 per cent, leading to a price drop of over Rs 8.36 per litre in the capital. This has raised hopes t...
The Cassandras are having a field day. Anyone can rummage through a slag heap of gloomy macroeconomic numbers and build a seemingly irrefutable argument that the Indian economy is going through a wrin...
Retail inflation rose significantly to over three-year high of 5.54 per cent in November, mainly on account of higher food prices.The inflation based on Consumer Price Index (CPI) was 4.62 per cent in...
Retail inflation dropped to a four-month low of 5.91 per cent in March, mainly because of a fall in the prices of food items, especially vegetables. However, it remained above the mid-point of the RBI...
Retail inflation rose to a four-month high of 2.57 per cent in February, driven by higher food prices, but remained lower than the RBI’s expectations, giving hope the central bank could cut the key ...