The year 2022 saw the Reserve Bank of India (RBI) start acting on the policy repo rate after a gap of two years. Illustration: Dominic Xavier/Rediff.com The six-member monetary policy committee of......
The Reserve Bank of India kept its policy interest rate unchanged at a five-year low of 6.50 percent on Tuesday, while signalling the prospect of another cut later this year if monsoon rains dampen......
RBI's forex reserves fell $113.5 million for the week ended Aug 7 to $353.35 billion The recent devaluation of the yuan has led to a weakness in the rupee against the dollar. There are......
A sharp fall in inflation has provided India with a window to cut interest rates for a third time this year, as the central bank prepares for a policy review on June 2. "We are expecting a 25 basis......
India's consumer price inflation eased to a four-month low of 4.87 percent in April, while the annual industrial output growth slowed to 2.1 percent in March, government data showed on Tuesday.......