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Reserve Bank of India Governor Shaktikanta Das (PTI Photo)

RBI hikes policy repo rate by 50 bps, raises inflation forecast to 6.7...

This is the second hike in the policy repo rate since the being of the current financial year

8 Jun 2022 11:36 AM IST

The Reserve Bank of India (RBI) will conduct the auction on June 7. (Representational Photo:DC)

Bond yield spikes to 7.5 per cent for first time in three years

The rate setting panel has begun its three deliberations on Monday with the outcome being announced on Wednesday

7 Jun 2022 2:15 AM IST

Indias GDP to contract 16.5 pc in Q1 as pandemic spreads, says SBI report. (Representative Image)

Indian GDP grew 8.7% in FY22

Growth in the January-March period was slower than in the previous October-December quarter of 2021-22 at 5.4 per cent

1 Jun 2022 7:24 AM IST

India GDP grew 8.7 per cent in FY22

India GDP grew 8.7 per cent in FY22

Indian economy expanded at 8.7 per cent pace for the financial year 2021-22 against a contraction of 6.6 per cent in...

1 Jun 2022 12:52 AM IST

Customers buy vegetables at a market in Ahmedabad, India, September 29, 2015. (REUTERS)

Centre plans to spend additional Rs.2 L crore in one year to fight...

Indiaâ€™s retail inflation rose to an eight-year high in April, while wholesale inflation rose to at least a 17-year...

23 May 2022 2:13 AM IST

An elevated inflation rate is also a cause of concern for the RBI, though it has decided to accord priority to economic growth in the near future. (DC file Photo)

RBI to transfer Rs 30,307 crore to government

The contingency risk buffer has also been retained at 5.5 per cent

21 May 2022 12:36 AM IST

Reserve Bank of India Governor Shaktikanta Das digitally delivers a statement. (PTI Photo)

Monster inflation forces RBI to increase repo rate

The move will lead to an increase in lending rates and make retail loans, including home loans, costly

5 May 2022 2:15 AM IST

Japans exports, imports sank in May amid pandemic fallout. (AFP Photo)

Exports jump by 24% in April

Higher energy prices were one of the key factors for the higher exports

3 May 2022 11:33 PM IST

With India betting on young workers to drive growth in one of the worlds fastest-expanding economies, the latest numbers are an ominous harbinger. (Bloomberg)

Majority of Indiaâ€™s workforce, particularly women, stop looking for...

Failing to put young people to work could push India off the road to developed-country status

25 April 2022 2:03 PM IST

An elevated inflation rate is also a cause of concern for the RBI, though it has decided to accord priority to economic growth in the near future. (DC file Photo)

RBI hints at end to low interest regime in June

Central bank may shift its focus to taming inflation

23 April 2022 1:42 AM IST

Union Minister for Finance Nirmala Sitharaman and Kristalina Georgieva, Managing Director, International Monetary Fund in Washington D.C. (pib.gov.in)

Nirmala meets IMF chief; discusses impact of geopolitical situation on...

IMF chief highlighted India-'s well-targeted policy mix which helped the country-'s economy remain resilient even with a...

19 April 2022 11:10 AM IST

After unearthing a rampant fake invoicing scam to evade goods and services tax (GST), the Central Board of Indirect Taxes and Customs (CBIC) amended rules making it mandatory for businesses with monthly turnover of over Rs 50 lakh to pay at least 1 per cent of their GST liability in cash from January 1. (ANI File)

5 per cent GST rate may give way for 3%, 8% slabs

Every 1% increase in 5% slab, which mainly includes packaged food items, would roughly yield an additional revenue of...

17 April 2022 9:52 PM IST