Time to take inflation seriously as ripple effect may maul the economy
Finance Minister Nirmala Sitharaman, during an SBI event in Mumbai this week, called for a rate cut while saying the govt is watchful of the emerging slowdown concerns
Finance Minister Nirmala Sitharaman, during an SBI event in Mumbai this week, called for a rate cut while saying the govt is watchful of the emerging slowdown concerns
On growth, RBI economists write the lack of speed in Q2 is "behind us" as private consumption is back to being the driver of domestic demand with a festival boost
Nirmala Sitharaman says this is one of the requirements if India aspires to become a 'Viksit Bharat', not just an aspiration but a reality
The rise in oil prices due to the Russia-Ukraine war created changes in demand and costs.
IMF says Emerging Asia’s strong growth is expected to subside, from 5.7% in 2023 to 5% in 2025. In China, the slowdown is projected to be more gradual
Historical trends suggest that the Reserve Bank of India often aligns its policy direction with the U.S. Federal Reserve.
With spillovers to costs, service charges and output prices, the danger of food inflation surfacing as a more generalised phenomenon has increased, says RBI paper.
Wholesale price index inflation stood at 3.36% in June and 2.74% in May.
The RBI maintains status quo for the 9th straight time, keeps repo rates unchanged at 6.5% and the MSF at 6.75%
RBI Governor Shaktikanta Das says MPC is committed to ensuring price stability, which results in a period of sustained growth