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Business  /  Published 23.05.22

RBI: Another rate hike in June

RBI Governor Shaktikanta Das on Monday hinted at another interest rate hike in early June to bring down stubbornly high inflation rate which has remained above the tolerance level for the past four mo...
By Our Bureau, PTI in New Delhi

Business  /  Published 23.05.22

Duty sop may push up yields

Bond yields may resume their upward journey after the Centre on Saturday slashed excise duties on petrol and diesel. The government reduced the excise duties on petrol by Rs 8 per litre and diesel Rs...
By Our Special Correspondent in Mumbai

Business  /  Published 20.05.22

Sensex tumbles 1416 points

“The long-term investors should focus on the large caps since a lot of value has emerged because the prices have been coming down, while the results and outlook have been strong. Volatility is t...
By Our Special Correspondent in Mumbai

Business  /  Published 18.05.22

Rate hike may not be the answer

Are you feeling the squeeze on your food and fuel bills? Here’s more confirmation that you are paying more for your vegetables, fruit and petrol:  India’s Wholesale Price Index hit a ...
By Paran Balakrishnan in New Delhi

Business  /  Published 17.05.22

RBI rejects 6 bank licence bids

The Reserve Bank has rejected six applications for setting up banks, including for small finance banks, as these were "not found" suitable, the central bank said on Tuesday. The RBI in a st...
By Our Bureau, PTI in Mumbai

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Business  /  Published 17.05.22

CII chief forecasts 7.4-8.2% growth

The economy is expected to expand by 7.4 per cent to 8.2 per cent under different crude price scenarios, the newly elected CII president Sanjiv Bajaj said on Monday. He said the rate hike by the Rese...
By Our Special Correspondent in New Delhi

Business  /  Published 14.05.22

RBI seen to front-load repo rate hikes

Soumya Kanti Ghosh, group chief economic adviser, SBI said the RBI is likely to raise the policy rate at its June and August meetings by a cumulative 75bps. The MPC will after that take a more balanc...
By Our Special Correspondent in Mumbai

Business  /  Published 13.05.22

Retail inflation at eight-year high

Core inflation, which is calculated by excluding ‘‘food and beverages’’ and ‘‘fuel and light’’ from the overall inflation, shot up to 6.8 per cent in Ap...
By Our Special Correspondent in New Delhi

Business  /  Published 12.05.22

Inflation soars, rupee slides

India’s latest monthly inflation and industrial production numbers are out and they’re not good. India’s headline inflation rate accelerated to an eight-year peak of nearly 8 per cen...
By Paran Balakrishnan in New Delhi

Business  /  Published 12.05.22

RBI set to hike repo: Report

With headline inflation accelerating to an eight-year high of 7.79 per cent in April, ratings agency Crisil said price rise is getting broad-based, and the Reserve Bank is likely to respond with rate ...
By Our Bureau, PTI in Mumbai


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