New Delhi: Food inflation strengthened in February on the back of rising vegetable, pulses and onion prices and the unseasonal rains in some parts of the country is expected to continue putting more pressure.As per
New Delhi: The wholesale inflation dipped to (-)2.06 per cent in February as prices of food articles, manufactured items and fuel products fell during the month.This is the fourth month in a row that WPI-based
New Delhi: The wholesale inflation dipped to (-)2.06 per cent in February as prices of food articles, manufactured items and fuel products fell during the month.This is the fourth month in a row that WPI-based
Mumbai: With the second surprise 25 bps repo rate cut by the Reserve Bank of India (RBI) on March 4, the policy rates have reached neutral and the average policy rate over the next three
Mumbai: Reserve Bank Governor Raghuram Rajan has said the target band for retail inflation could tighten much further in the future as the central bank becomes more comfortable with it.“Going forward, we will seek to
Mumbai: Global financial services firm Moody's on on Thursday lauded India for setting up a new mechanism to tame inflation through the Reserve Bank of India (RBI)."The new mechanism targeting inflation will increase predictability of
Mumbai: In a gesture rarely found among newsmakers, RBI Governor Raghuram Rajan today said “sorry” for a “misleading” comment that he never made with regard to the central bank's stance on interest rates.Addressing students of
New Delhi: The Reserve Bank of India (RBI) will aim to bring retail inflation below 6 per cent by January 2016 -- and to around four per cent by fiscal 2016-17, the government's monetary policy
New Delhi: Making a case for rate cut by RBI, Finance Minister Arun Jaitley today said that retail inflation is expected to remain close to 5 per cent which allows further easing of monetary policy.The
New Delhi: President Pranab Mukherjee today said India has emerged as the fastest growing large economy with an estimated 7.4 per cent growth rate in 2014-15 and the government is taking “decisive measures” to ensure
Mumbai: With the banking sector being thrown open to niche as well as more private players, RBI deputy governor R Gandhi today warned the industry to brace for higher attrition, being already faced by highly
New Delhi: Inflation declined to a five and a half year low of (-)0.39 per cent in January on falling prices of manufactured and fuel items even though food articles remained high.Inflation measured on wholesale
New Delhi: People of Delhi now consider issues such as inflation, corruption and crimes against women as far more important than power supply problems, according to a study released today.As per the study titled ‘Perception
Mumbai: Rising for the third straight session, the benchmark Sensex today gained 271 points to end at 28,805.10 and the Nifty index reclaimed 8,700-mark by jumping 84 points on a flurry of late buying in
New Delhi: As Delhi votes for a new government, AAP chief Arvind Kejriwal today exuded confidence of getting a clear mandate for his party and said truth will triumph.“I am confident that AAP will win
Mumbai: A day after keeping interest rates unchanged, RBI governor Raghuram Rajan on Wednesday said inflation is still a concern for the central bank and the monetary policy continues being "conventional"."We still have concerns over
New Delhi: Common man does not seem to have any relief from day by day soaring prices of fruits and vegetables although Narendra Modi-led NDA govt claims to have curtailed inflation. The soaring prices may
Mumbai: Awaiting cues from the Budget, RBI Governor Raghuram Rajan today left interest rate unchanged saying there was no case for a reduction now and hoped banks will pass on the benefit to consumers from
New Delhi/Mumbai: The RBI may cut its policy rate further by 0.25 per cent this week to boost growth, as inflation remains under control and fiscal situation appears better following a record CIL disinvestment.RBI, which
New Delhi: On the first day here at the World Economic Forum at Davos, there is no getting around Narendra Modi. Every second conversation that I strike up or am engaged in seems to come
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