RBI rate cut in Dec? Unlikely, say experts

Despite gross domestic product (GDP) growth being lower-than-expected for the July-September quarter, the six-member Monetary Policy Committee (MPC) may not cut the policy repo rate in the review......

Wholesale inflation at 4-month low of 1.31% in Aug

Wholesale inflation fell to a 4-month low of 1.31 per cent in August due to a decline in prices of vegetables and fuel, even though onion and potato prices spiked, according to official data......

RBI seen warming up for a neutral shift in stance

With concern on food inflation ebbing with the monsoon progressing well, the Reserve Bank of India (RBI) is warming up to the idea of a change in stance to “neutral” from......

Ambanis Own 10% of India's Wealth

The Adani family, led by Chairman Gautam Adani, is the most valued first-generation family business at Rs 15.44 trillion. IMAGE: Reliance Industries Chairman Mukesh Ambani and his family at the......