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Niti Aayog vice chairman Rajiv Kumar steps down

The government on Friday appointed Suman K Bery as the vice chairman of Niti Aayog, following the sudden resignation of Rajiv Kumar. IMAGE: Dr Rajiv Kumar. Photograph: Press Information Bureau of......

MPC to start 3-day meet on Wed, another rate hike likely

The Reserve Bank's rate-setting panel will start its 3-day deliberations on Wednesday amid expectations of yet another rate hike of 50 basis points to check high inflation, in line with similar......

Rupee plunges 58 paise to close at all-time low of 81.67/USD

The rupee plunged 58 paise to close at an all-time low of 81.67 (provisional) against the US dollar on Monday as the strengthening of the American currency overseas and risk-averse sentiment among......

Another 35-50 bps repo rate hike on cards

With retail inflation surprising on the upside, the six-member monetary policy committee (MPC) of the Reserve Bank of India (RBI) is expected to increase the repo rate by 35-50 basis points (bps)......

Services sector sees sharp upturn in August

India's services sector activity witnessed a sharp upturn in August on the back of stronger gains in new business, ongoing improvements in demand conditions and job creation, a monthly survey said......

Clearly, RBI is not worried about growth

This is why it can fight out inflation, chin up, observes Tamal Bandyopadhyay. IMAGE: Reserve Bank of India Governor Shaktikanta Das at the Bank of Baroda's Annual Banking Conference 2022 in......

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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