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RBI keeps retail inflation projection within target for next 12 months

RBI keeps retail inflation projection within target for next 12 months

CPI (Consumer Price Index) retail inflation is projected at 3.1 per cent for the second quarter this fiscal.

7 Aug 2019 12:22 PM IST

RBI cuts key rate by 35 bps to boost economic activitiy

RBI cuts key rate by 35 bps to boost economic activitiy

RBI trims GDP growth forecast for current fiscal to 6.9 per cent from 7 per cent previously predicted.

7 Aug 2019 11:55 AM IST

Inflation likely edged up to nine-month high in July: report

Inflation likely edged up to nine-month high in July: report

Food prices have risen due to lower-than-expected monsoon rains over the past two months.

7 Aug 2019 9:59 AM IST

Govt should borrow only long-term fund from overseas market: Jalan

Govt should borrow only long-term fund from overseas market: Jalan

India-'s sovereign external debt-to-GDP level is among the lowest globally at less than 5 per cent.

7 Aug 2019 9:01 AM IST

Centre promises all help to MSMEs and related stakeholders

Centre promises all help to MSMEs and related stakeholders

Finance Minister Nirmala Sitharaman and MSME Minister Nitin Gadkari met representatives from various MSME sectors on...

7 Aug 2019 1:41 AM IST

Earnings disappoint; gloomy Diwali seen

Earnings disappoint; gloomy Diwali seen

The countryâ€™s biggest lenders and automakers have all sounded warning bells over the slower growth in demand and...

7 Aug 2019 1:37 AM IST

Experts hope another 25 bps rate cut by RBI

Experts hope another 25 bps rate cut by RBI

Talking to reporters after the meeting, SBI chairman Rajnish Kumar had said he was hopeful of another rate cut by MPC.

6 Aug 2019 5:52 PM IST

$China media says US \destroying order\, after currency-manipulator branding$ Business

China media says US -'destroying order-', after currency-manipulator...

The accusation, which followed a sharp slide in the yuan on Monday, has driven an even bigger wedge between the...

6 Aug 2019 12:20 PM IST

Bankers agree to take steps to review interest rates: FinMin

Bankers agree to take steps to review interest rates: FinMin

Banks need to commensurately transmit rate cut benefit in lending, said an official release.

5 Aug 2019 8:25 PM IST

RBI may go for 25 bps rate cut on Wednesday: Report

RBI may go for 25 bps rate cut on Wednesday: Report

Consensus expects RBI to lower repo rate by 25 bps to 5.50 pc at its monetary policy meeting on August 7, DBS said.

5 Aug 2019 4:48 PM IST

Govt may impose countervailing duty on certain steel products from China, Vietnam

Govt may impose countervailing duty on certain steel products from...

The probe concluded that the products has been exported to India from these two countries at subsidised value.

5 Aug 2019 3:38 PM IST

India services activity reverses course, surges in July: PMI

India services activity reverses course, surges in July: PMI

The IHS Markit Services Purchasing Managersâ€™ Index rose to a one year high of 53.8 in July, up from 49.6 in June.

5 Aug 2019 11:03 AM IST