How postmen, and their wives, may help set India's monetary policy

Global investors may well be putting their faith in postmen like Phanin Deka when they decide to buy or sell Indian assets in the future.He is one of about a thousand post workers collecting data......

Highlights of RBI's monetary policy

Following are the highlights of Reserve Bank of India's monetary policy announced on September30,2022. Photograph: Vivek Prakash/Reuters Benchmark interest rate hiked by 50 basis points to......

US Fed rate cut unlikely to impact foreign inflows into India

The US Fed rate cut of 50 basis points is unlikely to have any significant impact on foreign inflows into India, Economic Affairs Secretary Ajay Seth said on Thursday. The Federal Reserve building......

India's manufacturing sector growth eases slightly in Jul

India's manufacturing sector growth eased slightly in July, on softer increases in new orders and output, while cost pressures and demand strength led to the steepest increase in selling prices......