With the economy heading for a double-digit inflation due to the spiralling food prices and costlier fuels and manufactured articles, the Reserve Bank is expected to hike its key policy rates next......
Economists expect a push to reforms by newly-appointed Finance Minister Pranab Mukherjee, who they said is the right person to head the important ministry. "Excellent! (on Mukherjee being named as......
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......
Supported by a sharp rise in new business orders and with accelerating output performance, the expansion in India's manufacturing sector gathered pace in October, according to the latest HSBC......
Economists were 'slightly surprised' by the extent of the cash reserve ratio hike (of 0.75 per cent) but felt that the Reserve Bank of India's move was strongly influenced by rising inflationary......