Following are the highlights of the bi-monthly monetary policy announced by Reserve Bank Governor Sanjay Malhotra after the Monetary Policy Committee (MPC) meeting on Friday: Photograph: Danish......
In this domestic and global context, calibrated depreciation will help rebalance external fundamentals, offset some of the tariff differentials with competitors, improve the competitiveness of......
The US’ move to raise the tariff on most Indian goods to 50 per cent could drag India’s GDP growth for FY26 by 35 to 60 basis points, according to various economists. One basis point (bp) is......
In a bid to promote the use of domestic currency for cross-border settlements, the Reserve Bank on Wednesday announced a slew of measures, including allowing banks to lend in Indian Rupees to......
India's current account deficit declined sharply to 1 per cent of the GDP or $8.3 billion in the second quarter of this financial year, mainly due to lower merchandise trade deficit and growth in......