India inflation to rise further to 5.81% on rising food costs
Consumer price inflation in India climbed to a 14-month high of 5.81% in October primarily due to a spike in vegetable and edible oil prices, a
November 08, 2024Consumer price inflation in India climbed to a 14-month high of 5.81% in October primarily due to a spike in vegetable and edible oil prices, a
November 08, 2024India's retail inflation in September accelerated to its highest in nine months, due to higher food prices, according to government data
October 14, 2024India's retail inflation in September likely overshot the Reserve Bank of India's (RBI) 4% medium-term target for the first time since July due
October 10, 2024Some Indian non-banking finance companies (NBFCs) are aggressively pursuing growth and chasing excessive returns on equity, which could pose financial stability risks, the central
October 09, 2024The Reserve Bank of India (RBI) kept its key interest rate unchanged on Wednesday as widely expected, but changed its policy stance to "neutral",
October 09, 2024India's growth potential is 7.5% or more, the country's central bank chief said on Friday, which is a little above the bank's full-year forecast for 2024 of 7.2%.
September 13, 2024India's August retail inflation remained below the central bank's target of 4% for the second consecutive month, but vegetable prices
September 12, 2024A Russian court has frozen Raiffeisen Bank International's local arm, killing off any prospect of selling the business for now and
September 06, 2024Despite the moderation seen in India's first quarter gross domestic product growth (GDP), the South Asian economy is likely to achieve full year
September 05, 2024The Indian rupee ended at its record closing low on Thursday, but was little changed versus the previous session, as the central bank's intervention helped negate the
September 05, 2024The Indian rupee will be confined to a narrow trading range against the U.S. dollar over the coming year as the Reserve Bank of India continues to
September 05, 2024The Indian rupee dropped to a record low near the close of trading on Wednesday after yet another rangebound trading session as it stayed wedged between negative
September 04, 2024Nomura expects India's central bank to begin cutting interest rates next month as inflation in the South Asian nation edges lower and economic growth weakens, the
September 02, 2024The Reserve Bank of India (RBI) will keep interest rates steady for a ninth straight meeting in August due to persistently high inflation,
July 31, 2024The Reserve Bank of India imposed a penalty of 24.1 million rupees (nearly $288,000) on Visa in relation to its usage of an unauthorised payment transfer method, the central bank
July 26, 2024The Reserve Bank of India may allow the rupee to weaken slightly to unwind the slightly elevated real effective exchange rate and keep the South Asian currency "competitive," BofA
July 25, 2024The Indian central bank's target is to bring down inflation to 4% and though it looks at the real and neutral rates in the economy, those cannot be
July 19, 2024The Indian rupee will trade within the narrowest range in nearly three decades over the coming year as the Reserve Bank of India (RBI) continues to maintain its
July 03, 2024India's economy needs an interest rate cut to sustain high growth, two external members of the central bank's rate panel said, arguing that food price shocks so far
July 03, 2024Usage of India's digital currency, the e-rupee, has slumped to just a tenth of the peak hit in December, four sources said, reflecting the struggles several
July 03, 2024India is expected to grow by 7.2% in the current fiscal year, stronger than earlier expected, with its central bank opting for just a one-quarter-point rate cut in that period,
June 30, 2024India's retail inflation rate eased slightly in May, partly helped by fall in fuel prices although food prices remained elevated,
June 27, 2024By Milounee Purohit and Vivek Mishra BENGALURU - India consumer inflation likely snapped a four-month downward trend in May due to rapidly rising food costs, according to economists polled by Reuters,
June 26, 2024The Reserve Bank of India (RBI) kept its key interest rate unchanged on Friday in a widely expected move, saying robust economic growth will give it
June 24, 2024