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Swati Bhat

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RBI says willing to let foreigners hold more govt debt

India's current limit of $25 billion for ownership of government bonds by FIIs is fully utilised, leading to calls for increasing it India's central bank is committed to steadily increasing how......

India grew at 7.5% in March; economists explain the big picture

Image: India is poised for good growth in FY16. Photograph: Reuters India's economic growth accelerated to 7.5 per cent in the three months through March from a year earlier, while the annual......

Oct-Dec current account deficit narrows

India's current account deficit reached $8.2 billion, or 1.6 percent of gross domestic product, in the October-December quarter, lower than the previous quarter but double from a year earlier, the......

Government faces potential clashes with RBI over who decides rates

The two sides disagree over the size of the committee, its composition and whether the central bank chief would have the final say, in the form of a veto. Having agreed this week to formally adopt......

No looking back: India all set for growth amid shrinking deficit

India's economy will grow at a rate of more than 8 percent in the 2015/16 fiscal year, while consumer inflation will drop to between 5 and 5.5 percent, a government economic report said on......

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