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Highlights of Reserve Bank's monetary policy

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......

Why Rupee Depreciation Should Not Be Resisted

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......

US tariff impact: India's FY26 GDP growth likely to take 60-bp hit

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......

RBI announces slew of measures to promote rupee

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 CAD declines sharply to 1% of GDP in Q2

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......

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