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Inflation drops to 5-month low 15 January 2014
India's inflation eased to a five-month low in December on lower vegetable prices. The wholesale price index (WPI), India's main inflation indicator, recorded an annual 6.16 percent last month, its slowest pace since July 2013. The vegetable prices have fallen...
Keywords: Business News, Inflation in November, Interest Rates by RBI, Inflation in November
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Global economy heading for another downturn: RBI 25 January 2012
The global economy seems to be headed for another downturn after just three years. The recovery is likely to lose traction due to the continuing euro area debt crisis,” RBI Governor D. Subbarao said in a statement. Reserve Bank of...
Keywords: recent geo-political uncertainty, monetary policy, recent geo-political uncertainty, euro zone debt crisis
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Gold consumption: China to surpass India 20 February 2012
"It is likely that China will emerge as the largest gold market in the world for the first time in 2012," Marcus Grubb, managing director for Investment at the WGC. China is set to surpass India as the world's top...
Keywords: Hong Kong, world's top gold consumer, monetary policy, monetary policy
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RBI Keeps Repo Rate Unchanged At 6.25% In Neutral Stance Of Monetary Policy 06 April 2017
The Reserve Bank of India (RBI), has kept its benchmark lending parameter, the repo rate, unchanged at 6.25%. However, with this, the reverse repo rate has increased by 25 basis points to 6%. The RBI’s decision is in line with...
Keywords: Urjit Patel, Rate Cut, RBI, Reserve Bank
Read More Costlier onions not wiping anyone's tears 17 September 2013
Onions just got dearer. Many reasons have been blamed for the soaring prices of one of the most loved ingredients in everyone's curry. However, this curry is turning out to be a luxury. Latest reports indicate that onion prices have...
Keywords: monetary policy, Latest onion price, RBI Governor Raghuram Rajan, Latest onion price
Read More What comments did Rajan make to crash markets? 21 September 2013
India's newest Rockstar, Raghuram Rajan, had a lot going for him when he was appointed as the successor to D Subbarao as RBI's chief. India wanted a 'hatke' solution to a 'regular' problem. Yes, India's problems belong to every household,...
Keywords: Rajan first policy review, Raghuran Rajan, Raghuram Rajan comments., RBI goevrnor
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ASSOCHAM urges RBI to relax monetary policy 04 April 2012
To check online frauds, Dhoot called for implementation of digital signature enabled techniques as stipulated in the monetary policy statement for 2011-12. At the same time, the reforms process needs to be speeded up and policies must see fast implementation...
Keywords: financial bottomlines, financial bottomlines, financial bottomlines, financial bottomlines
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RBI hints at another CRR cut 22 February 2012
The mid-quarter review of the monetary policy is scheduled for March 15 and it is widely expected that one more CRR cut can be on the anvil. Deputy Governor Subir Gokarn said the Reserve Bank will "consider" a further cut...
Keywords: monetary policy, cash reserve ratio, RBI hints, Deputy Governor Subir Gokarn
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RBI Monetary Policy Announced; Urjit Patel Cuts Repo Rate By 25 Bps 04 October 2016
The new Reserve Bank of India (RBI) governor, Urjit Patel, while announcing his first monetary policy after taking the charge from Raghuram Rajan, has cut the repo rate by 26 bps, making it 6.25% from 6.5% making it low of...
Keywords: RBI, Raghuram Rajan, Repo Rate, Raghuram Rajan
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RBI keeps rates unchanged 03 February 2015
The Reserve Bank of India has kept its Policy Repo Rate and cash reserve ratio [CRR] unchanged at 7.75 percent and 4.0 percent respectively. Citing the currently and evolving macro-economics situation, RBI took this decision, however, the statutory liquidity ratio...
Keywords: fiscal year, current account deficit, RBI, fiscal year
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Deflationary Trend Energising Market Conditions 16 March 2015
Inflation levels based on the WPI (Wholesale Price Index) continued to be India’s happy news as it falls from -0.39% to -2.06%. Global crude oil prices still are on its weaker level, which is catalyzing the Indian Economy as we...
Keywords: Taming Inflation, Taming Inflation, RBI Monetary Policy review, WPI inflation stands at
Read More RBI holds the Policy Rate 01 April 2014
The Reserve Bank of India on Tuesday held the Repo Rate unchanged at 8 percent in the bank's Monetary Policy Review. RBI Governor Raghuram Rajan has raised the repo rate three times by a total of 75 basis points since...
Keywords: India Business News, RBI holds the Policy Rate, Business News, RBI holds the Policy Rate
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