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Economy

RBI's monetary policy committee unanimously votes to keep rates on hold

Economy

05 December, 2018

RBI's monetary policy committee unanimously votes to keep rates on hold

India's central bank kept interest rates unchanged at a policy meeting on Wednesday to offer support for an economy that ......

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Explained: Why market pricing of natural gas may be good economics, bad politics

Economy

05 December, 2018

Explained: Why market pricing of natural gas may be good economics, bad politics

The central government’s think tank, Niti Aayog, is proposing to free the price of natural gas in a move aimed ......

Strong domestic demand lifts November services growth to 4-month high

Economy

05 December, 2018

Strong domestic demand lifts November services growth to 4-month high

Business activity in India’s dominant services sector expanded in November at the quickest pace in four months, lifted by...

Explained: Why Modi govt cut GDP growth rates for previous years

Economy

29 November, 2018

Explained: Why Modi govt cut GDP growth rates for previous years

Once upon a time only economists and academics fretted over economic indicators like gross domestic product (GDP). But not any...

RBI agrees to ease liquidity for financial sector, increase credit for SMEs

Economy

19 November, 2018

RBI agrees to ease liquidity for financial sector, increase credit for SMEs

The board of the Reserve Bank of India (RBI) on Monday agreed to ease liquidity for the financial sector and ......

India to sell 'enemy shares' to bridge revenue shortfall

Economy

09 November, 2018

India to sell 'enemy shares' to bridge revenue shortfall

India’s government said it will sell stocks worth millions of dollars seized from people who moved to Pakistan following...

US Fed leaves rates unchanged but on track for further tightening

Economy

09 November, 2018

US Fed leaves rates unchanged but on track for further tightening

The U.S. Federal Reserve held interest rates steady on Thursday but remained on track to keep gradually tightening borrowing costs,...

RBI governor Urjit Patel could resign on 19 November: Report

Economy

08 November, 2018

RBI governor Urjit Patel could resign on 19 November: Report

Reserve Bank of India (RBI) Governor Urjit Patel could resign at the central bank’s next board meeting on November 19, ......

Govt set to put more pressure on RBI governor Urjit Patel

Economy

06 November, 2018

Govt set to put more pressure on RBI governor Urjit Patel

The Indian government intends to keep pressing demands for the country’s central bank to relax lending curbs and hand over...

India October services output growth quickens to three-month high

Economy

05 November, 2018

India October services output growth quickens to three-month high

Activity in India’s dominant services sector increased at its fastest pace in three months in October, driven by a strong...

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