Economy

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 ......

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...

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...

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 ......

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...

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 ......

Economy

04 October, 2018

India services activity drops to four-month low in September

Activity in India's dominant services sector eased to a four-month low in September on dwindling demand, while intensifying...

Economy

27 September, 2018

RBI eases cash rules for banks amid fears of credit crunch

The Reserve Bank of India (RBI) eased mandatory cash requirement rules for banks on Thursday and assured jittery markets it ......

Economy

27 September, 2018

US Fed raises interest rates, signals more hikes

The U.S. Federal Reserve raised interest rates on Wednesday and left intact its plans to steadily tighten monetary policy, as...

Economy

25 September, 2018

India's April-Aug fiscal deficit at 94.7% of full-year target

India reported on Tuesday a fiscal deficit of 5.9 trillion rupees ($81.4 billion) for April-August, or 94.7 percent of the ......

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