The Consumer Price Index (CPI) based inflation rate went down to 2.19 per cent in December from 2.33 per cent in the corresponding previous year, said a government data. This rate happens to be the...
Jan 15, 2019
In its fifth bi-monthly monetary policy review, the Reserve Bank of India (RBI) has kept its policy rates unchanged and cut its inflation forecast for the rest of the financial year, citing a sharp...
Dec 06, 2018
The Reserve Bank of India (RBI), on Wednesday, hiked the key lending or repo rate by 25 basis points to 6.25 per cent. Consequently, the reverse repo rate stands adjusted to 6.0 per cent, and...
Jun 06, 2018
The Monetary Policy Committee (MPC) of Reserve Bank of India (RBI), in its first bi-monthly policy statement last week, decided to keep rates unchanged. However, the neutral stand of the...
Apr 09, 2018
While Reserve Bank of India (RBI) is all set to announce its first bi-monthly monetary policy review of 2018-19 on April 5, it is widely believed that the country's central bank will again maintain...
Apr 02, 2018
The next move of the Monetary Policy Committee will be a rate hike, however, it is unlikely to opt for a rate hike in a jiffy, says a Morgan Stanley report. It says that the decision to...
Feb 26, 2018
The minutes of RBI’s meeting this month, which were released on Wednesday, showed widespread concerns among the six MPC members about inflation, which accelerated to a 17-month high of 5.21 per...
Feb 22, 2018
The world order has lost all semblance of normality. The US has forsaken the idea of the world being its fiefdom, China’s bellicosity is on the rise and Europe is in thrall to the uncertainties of...
Nov 08, 2017
The six-member monetary policy committee (MPC) has kept repo rate unchanged at 6 per cent. At its previous meeting in August, the RBI had lowered the repo rate by 25 basis points to a seven-...
Oct 04, 2017