Rupee depreciates 0.55% to near its lowest ever on China-US trade war

While far from being a currency war, India does not have much of an option but to depreciate to accommodate its exports at a time when China shows its intent to let its currency depreciate.......

RBI may cut repo 25 bps, to stay cautious on inflation

The Reserve Bank of India (RBI) is likely to cut the repo rate by 25 bps in the mid-quarter review of its monetary policy on Tuesday. However, given that the inflation rate is still above its......

Rate cut may have to wait until Jan

The Wholesale Price Index-based inflation may have eased to its weakest in 10 months in November but the Reserve Bank of India is not expected to cut repo rate, the key policy rate -- at which......

India to see modest recovery in 2013

India is likely to witness a modest recovery in the coming year, even without major policy initiatives, largely owing to 'resiliency of consumption', according to a Deutsche Bank report."Recovery......