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RBI holds key rate steady on robust growth, above target inflation

Economy

05 April, 2024

RBI holds key rate steady on robust growth, above target inflation

The Indian central bank's key interest rate was kept unchanged for a seventh straight policy meeting on Friday as growth ......

RBI sees FY24 inflation at 5.2%, says need to evaluate actions of previous hikes

Finance

06 April, 2023

RBI sees FY24 inflation at 5.2%, says need to evaluate actions of previous hikes

The Reserve Bank of India Governor Shaktikanta Das said that inflation for FY 2023-24 is projected at 5.2%. RBI governor noted, ......

RBI sharpens sword against inflation, hikes repo rate for 2nd consecutive time

Finance

08 June, 2022

RBI sharpens sword against inflation, hikes repo rate for 2nd consecutive time

The Reserve Bank of India's key interest rate was raised by 50 basis points on Wednesday as widely expected, in ......

RBI's surprise rate hike was because of feared 'shocker' inflation figure: Sources

Finance

06 May, 2022

RBI's surprise rate hike was because of feared 'shocker' inflation figure: Sources

The Reserve Bank of India (RBI) unexpectedly hiked its key interest rate on Wednesday because it feared a "shocker" inflation ......

US Fed hikes interest rate by half percentage point, to begin balance sheet reduction in June

Finance

05 May, 2022

US Fed hikes interest rate by half percentage point, to begin balance sheet reduction in June

The Federal Reserve Wednesday raised its benchmark overnight interest rate by half a percentage point, the biggest jump in 22 ......

RBI hikes repo rate by 40 bps to 4.40%

Finance

04 May, 2022

RBI hikes repo rate by 40 bps to 4.40%

The Reserve Bank of India's monetary policy committee raised the key lending rate by 40 basis points on Wednesday, citing ......

Inflation takes centrestage as RBI spells roadmap for liquidity withdrawal

Economy

08 April, 2022

Inflation takes centrestage as RBI spells roadmap for liquidity withdrawal

The monetary policy committee on Friday indicated its intent to exit the “ultra-accommodative” stance it took during the pandemic and ......

GLOBAL MARKETS-Stocks slide, treasury yields jump as inflation fears crescendo

Economy

19 January, 2022

GLOBAL MARKETS-Stocks slide, treasury yields jump as inflation fears crescendo

Asian and European shares fell, U.S. and European bond yields hit multi-year highs, and oil prices climbed on Wednesday as ......

India's Nifty 50 drops most in a month as automakers slide

Economy

18 January, 2022

India's Nifty 50 drops most in a month as automakers slide

India's blue-chip Nifty 50 index fell the most in a month on Tuesday as investors dumped high-flying automakers, IT firms ......

GLOBAL MARKETS - Stocks mixed as Beijing adds stimulus, Brent tops 2021 high

Economy

17 January, 2022

GLOBAL MARKETS - Stocks mixed as Beijing adds stimulus, Brent tops 2021 high

Share markets were choppy on Monday as a slew of Chinese economic data confirmed the deadening effect of coronavirus restrictions ......