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High inflation in Nov set to keep pressure on RBI
Indian inflation is forecast to remain close to 9-month highs in November, a Reuters poll showed, putting further pressure on the central bank to follow up on its back-to-back interest rate hikes......
Rupee records biggest single day drop in a decade
The rupee hit a record low on Monday as India’s defence of the currency failed to stop its decline but exacted a rising toll, with bond yields surging to five-year highs and investors......
Experts laud Raghuram Rajan's appointment as next RBI guv
Prime Minister Manmohan Singh, on Tuesday, approved the appointment of Raghuram Rajan, the chief economic adviser in the finance ministry, as the next governor of the Reserve Bank of India for a......
RBI kept key rates unchanged to stem rupee slide
Analysts from across the spectrum have described the Reserve Bank of India's decision to hold all the key rates ‘on expected lines’ as the weak macro picture and rupee have tied its......
Economists peg India's Q4 GDP at 4.8%
Economists on Monday forecast a sub-five per cent readings in the March quarter GDP, pulling down the overall economic expansion in FY13 to a decadal low of around five per cent. Credit Suisse......
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