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Economy

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...

Why PM Modi wants to increase control over the RBI

Economy

02 November, 2018

Why PM Modi wants to increase control over the RBI

An incendiary speech by a top Reserve Bank of India (RBI) official last Friday blew the lid off an increasingly ......

Govt says RBI autonomy 'essential' amid reports that governor Urjit Patel may resign

Economy

31 October, 2018

Govt says RBI autonomy 'essential' amid reports that governor Urjit Patel may resign

Positive SentimentsThe rift between India’s central bank and the government has widened and could lead to the Reserve Bank...

Finance minister Jaitley slams RBI as rift between govt, central bank deepens

Economy

30 October, 2018

Finance minister Jaitley slams RBI as rift between govt, central bank deepens

India’s finance minister Arun Jaitley criticised the Reserve Bank of India (RBI) for failing to prevent lending excess in...

India's trade deficit hits lowest level in five months

Economy

15 October, 2018

India's trade deficit hits lowest level in five months

India's September trade deficit hit its lowest level in five months at $13.98 billion, the trade ministry said in a ......

India's retail inflation rises to 3.77% in Sept; industrial output up 4.3% in July

Economy

12 October, 2018

India's retail inflation rises to 3.77% in Sept; industrial output up 4.3% in July

India's retail inflation rate slightly picked up to 3.77 percent in September, government data showed on Friday, driven...

RBI springs surprise by keeping repo rate unchanged, rupee tumbles to record low

Economy

05 October, 2018

RBI springs surprise by keeping repo rate unchanged, rupee tumbles to record low

The Reserve Bank of India held its policy rate unchanged, surprising most analysts who had expected a rate increase to ......

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