India cuts policy rate for the first time in nearly five years, new central bank governor Malhotra says
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has offered room to stimulate the slowing economy. The Monetary Policy Committee decided to trim the repo rate by 25 basis points to 6.
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RBI projects retail inflation at 4.2% for next fiscal year, citing good crop prospects and global uncertainties.
India’s latest budget introduces one of the most significant tax cuts in decades, boosting disposable income & supporting ...
Malhotra: You would have observed in the past couple of months and even before that, it has been the RBI’s endeavour to ...
Diversified products maker 3M India reported a 16% fall in its third-quarter profit on Friday, as inflationary pressures ...
Forty years ago, the Chakravarty Committee Report first proposed the aim that the Urjit Patel Committee approved in 2014 ...
Households’ median perception of current inflation declined marginally by 10 basis points (bps) to 8.3 per cent, as compared ...
Foreign institutions have been selling Asian equities hand over fist since late fall, when the probability of a second Donald ...
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