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 RBI cut its benchmark policy rate by 25 basis points on Tuesday, for the second time since the start of the year in a bid to help revive flagging growth in Asia's third-largest economy, but......
India must make tough spending choices, Finance Minister P Chidambaram said on Thursday, even as he unveiled a bigger-than-expected outlay for the coming fiscal year in one of the most highly......
India's central bank kept its key policy repo rate unchanged on Tuesday as widely expected, but warned about inflationary risks should a shortfall in monsoon rains spark a surge in food prices. The......
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......