The year 2022 saw the Reserve Bank of India (RBI) start acting on the policy repo rate after a gap of two years. Illustration: Dominic Xavier/Rediff.com The six-member monetary policy committee of......
The Reserve Bank of India kept its policy interest rate unchanged at a five-year low of 6.50 percent on Tuesday, while signalling the prospect of another cut later this year if monsoon rains dampen......
The main reason was that CPI inflation would likely remain below 4 per cent till July. Almost nobody expects the six-member Monetary Policy Committee of the Reserve Bank of India (RBI) to tinker......
RBI's forex reserves fell $113.5 million for the week ended Aug 7 to $353.35 billion The recent devaluation of the yuan has led to a weakness in the rupee against the dollar. There are......
A sharp fall in inflation has provided India with a window to cut interest rates for a third time this year, as the central bank prepares for a policy review on June 2. "We are expecting a 25 basis......