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Last month, we saw a spike in risk aversion due to hardening of crude oil prices leading to outflow of funds from emerging markets including India: Ajay Bodke, CEO, Prabhudas Lilladher.

Oil prices affect big economies

Global trade lost some traction due to intensification of trade wars and uncertainty stemming from Brexit negotiations.

2 Aug 2018 12:46 AM IST

RBI hikes repo rate, loans to get dearer

Revises Q2 inflation projections marginally downward.

2 Aug 2018 12:39 AM IST

Diverting from retail inflation, wholesale inflation (WPI) fell to 5.70 per cent in March from 6.55 per cent in the previous month.

RBI pegs retail inflation at 4.8 per cent for second half of FY 2019

Retail inflation has been projected to rise further to 5 per cent in the first quarter of next financial year 2019-20.

1 Aug 2018 4:12 PM IST

IDBI shares fell as much as 3.5 per cent to 73.6 rupees.

LIC-IDBI Bank deal gets clearance from Cabinet

The LIC-IDBI deal has been approved, after the meeting of Union Cabinet, chaired by Prime Minister Narendra Modi.

1 Aug 2018 4:04 PM IST

Commercial banks charge the state governments for every transaction. Officials said it was not clear whether the RBI would charge for transactions through the e-Kuber portal.

RBI retains GDP growth forecast at 7.4 per cent for FY'19

Central has also projected the GDP growth for first quarter of the next financial year at 2019-20 at 7.5 per cent.

1 Aug 2018 3:28 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI hikes repo rate by 25 bps to 6.5 pc after its 3rd bi-monthly MPC...

Reserve Bank of India has hiked the repo rate for the second consecutive month.

1 Aug 2018 2:43 PM IST

Indias manufacturing sector activity fell to a four-month low in February

Mfg sector activity eases in July amid softer increase in output, new...

This is the 12th consecutive month that the manufacturing PMI remained above the 50-point mark.

1 Aug 2018 11:20 AM IST

Moodys assumes that these effects will be largely offset by moderate fiscal and policy easing. (Photo: ANI)

US-China trade dispute likely to escalate, impact global growth

Trade restrictions are expected to cut about 0.25 percentage points off US' real GDP growth in 2019.

1 Aug 2018 8:50 AM IST

RBI Governor Urjit Patel, will announce the resolution of the MPC on its first bi-monthly monetary policy for financial year 2018-19 later in the day.

RBI in a tight spot, is expected to raise rates again

In June, repo rate was raised for the first time in over four years, by 25 basis points to 6.25 per cent.

1 Aug 2018 8:31 AM IST

The Gross Domestic Product (GDP) number by itself tell the whole story of a nations development?

GDP may moderate to 7.2 per cent in 2nd half of 2018: report

GDP grew at the fastest pace in seven quarters at 7.7 per cent in January-March quarter.

31 July 2018 1:18 PM IST

The Reserve Bank of India (RBI) late on Monday dropped Axis Bank from a list of banks it has cleared to import gold and silver in the current financial year that began April 1.

Axis Bank shares down 2.5 per cent after Q1 results

The bank had registered a net profit of Rs 1,306 crore in the June quarter of 2017-18.

31 July 2018 1:02 PM IST

US Commerce Secretary Wilbur Ross. (Photo: AP)

US eases export controls for high-tech sales to India: Ross

Move to grant Strategic Trade Authorization status STA1 to India reflects its efforts to improve its own export-control...

31 July 2018 10:05 AM IST