The RBI has cut the repo rate by a cumulative 115 basis points this year on top of a 135-basis-point-reduction last year. Das said the MPC chose to hit the pause button to allow commercial banks to pl...

Viral Acharya, the former deputy governor of the Reserve Bank of India (RBI), has warned against the central bank monetising the government’s budget deficit, citing risks to inflation and extern...

The governor of the Reserve Bank of India has claimed that the Indian economy is coming back to normalcy after the easing of the lockdown. The prime minister had also claimed a few days earlier that g...

Retail inflation rose to 6.09 per cent in June — higher than the 6 per cent upper margin mandated by the RBI. However, economists feel the central bank could still ease rates because of concerns...

The government on Friday held back the release of the complete data of the index of industrial production for April, saying it is not appropriate to compare the data with the earlier months because of...

Doubts remain on whether the Centre will release retail inflation data for May on Friday having failed to do so for April. A Reuters poll of 35 economists has forecast an inflation of 5.50 per cent in...

Thieves broke into an onion warehouse in Bihar late on Sunday night and escaped with hundreds of sacks full of the precious bulb, leaving the owner distraught and police dumbstruck.Stealing 328 sacks ...

The Centre is considering imposing stock limits on onion traders as the retail prices of the key kitchen staple have shot up to Rs 70-80 per kg in the national capital and other parts of the country ...

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 soared in January to 7.59 per cent — the highest level since May 2014 — while factory output shrank by 0.3 per cent in December, darkening growth prospects in an economy that is l...