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 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......
The main reason was that CPI inflation would likely remain below 4 per cent till July. Almost nobody expects the six-member Monetary Policy Committee of the Reserve Bank of India (RBI) to tinker......
Economists caution that the underlying cause could be an alarming drop in demand -- something that’s not good for economic growth. Economists are not enthused about the trade surplus......
RBI's forex reserves fell $113.5 million for the week ended Aug 7 to $353.35 billion The recent devaluation of the yuan has led to a weakness in the rupee against the dollar. There are......