Retail inflation eased to a 16-month low of 4.06 per cent in January mainly on account of softening of food and vegetable prices, government data showed on Friday.
It is for the second consecutive mo...
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...
American brokerage BofA Securities on Friday said the Indian economy continues to be “weak”, pointing to activity indicators tracked by it.
On the positive side, the brokerage said credit...
Inflation based on the wholesale price index slowed to 1.22 per cent in December on lower food prices, especially kitchen staples such as onion and potato. WPI was 1.55 per cent in November 2020 and 2...
India’s industrial production entered the negative zone after two months with a year-on-year contraction of 1.9 per cent in November because of poor showing by the manufacturing and mining secto...
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 current forecasts for the growth rates of gross domestic product are, expectedly, quite grim. The real GDP, that is national income corrected for price changes, is estimated to contract by 7.7 per...
India should maintain its medium-term inflation target at 4 per cent when it carries out a five-year review of the goal in March, two senior central bank officials recommended in a paper released on t...
Ashima Goyal supported RBI’s intervention in the forex market as over-valued rupee can hurt exports, raise country risk and lead to a sharp depreciation later.
“Prolonged inflows ca...