Inflation soars to 14-month high of 6.2% in Oct

Retail inflation breached the Reserve Bank's upper tolerance level, soaring to a 14-month high of 6.21 per cent in October mainly on account of rising food prices. Photograph: Amit Dave/Reuters......

Govt invites applications for RBI deputy governor's post, last date Nov 30

One of the deputy governors, Michael Patra's term ends on Jan 15. Photograph: Francis Mascarenhas/Reuters The government has invited applications for the post of deputy governor of the Reserve......

50 bps cut in interest rate likely by March 2025: Axis Mutual Fund

'Investors can consider staying invested in long duration products as there is a possibility of rate cuts in the near term.' Illustration: Dominic Xavier/Rediff.com Positive macros — lower......

Sensex, Nifty close lower on selling in Reliance, spike in retail inflation

Benchmark stock indices closed lower on Tuesday following losses in bellwether Reliance Industries and retail inflation hitting a nine-month high in September. Photograph: Danish Siddiqui/Reuters......