RBI rate cut in Feb may not be a done deal, say economists

Even as the high inflation figure for October has ruled out any possibility of a rate cut by the Reserve Bank of India’s (RBI’s) monetary policy committee (MPC) in December, a rate cut......

RBI lists these 3 as 'important banks' in 2024

State Bank of India, HDFC Bank and ICICI Bank have again been named as Domestic Systemically Important Banks (D-SIBs) by the Reserve Bank of India. Illustration: Uttam Ghosh/Rediff.com The Reserve......

High inflation, FII exodus drag markets down

Benchmark indices Sensex and Nifty tumbled more than 1 per cent on Wednesday amid retail inflation soaring to a 14-month high of 6.21 per cent in October and unabated foreign fund outflows.......

Investors become poorer by Rs 5.29 lakh cr as markets slump

A sharp fall in the equity market made investors poorer by Rs 5.29 lakh crore on Tuesday when the BSE benchmark Sensex tumbled over 800 points. Photograph: Danish Siddiqui/Reuters A host of......