Govt invites applications for RBI deputy governor's post, last date Nov 30

One of the deputy governors, Michael Patra's term ends on Jan 15. Photograph: Francis Mascarenhas/Reuters The government has invited applications for the post of deputy governor of the Reserve......

Rate hikes since May '22 helped reduce inflation by 1.60%: RBI paper

The cumulative rate hikes of 2.5 percentage points by the central bank since May 2022 negatively impacted headline inflation by 1.60 per cent, a paper by senior RBI staffers said on Monday.......

MPC's Repo Rate Decision Not Unanimous

Dr Nagesh Kumar, one of the three new MPC members, wanted the MPC to reduce the repo rate by 25 basis points to 6.25%. IMAGE: Reserve Bank of India Governor Shaktikanta Das. Photograph: Francis......

RBI unlikely to cut interest rate in October

The Reserve Bank is unlikely to cut the benchmark interest rate in its forthcoming bi-monthly monetary policy review later in the week as retail inflation is still a cause of concern, and there is......

India handed 2010 Commonwealth Games baton

The formal countdown to next year's Delhi Commonwealth Games began on Thursday with the ceremonial Queen's Baton Relay that saw Queen Elizabeth II handing over the glittering baton to India's......