The Reserve Bank of India (RBI) should cut interest rates to boost economic growth and look through food price while deciding on monetary policy, said Union Commerce Minister Piyush Goyal, the first ...
Commerce Minister Piyush Goyal called for the Reserve Bank of India (RBI) to cut interest rates, arguing that food inflation ...
How to Calculate the Repo Rate? The interest rates that commercial banks pay to the RBI or get when they put money in the RBI must be agreed upon and standardised. The repo rate is key to keeping ...
India's retail inflation surged to a 14-month high in October, driven largely by a jump in vegetable prices and has dashed ...
File photo MUMBAI: Even as SBI’s deposit rates have peaked, C S Setty, chairman of the country’s largest bank, expects RBI to cut interest rates by a moderate 25 basis points only in Feb 2025.
A jeweller in Mumbai was tricked by a man posing as an RBI employee, who used fake payment receipts to steal gold worth ₹1 lakh.
Congress criticizes Piyush Goyal for suggesting RBI ignore food inflation in interest rate decisions, calling it insensitive.
The Reserve Bank of India has kept its key interest rate unchanged for almost two years, although signalled last week it may be preparing to ease after changing its policy stance to neutral. That ...
India’s central bank governor said an easing in the monetary policy stance doesn’t indicate an interest rate cut at the very ...
However, with inflation predicted to stay above the central bank's 4% medium-term target until early 2026, there was little room for the RBI to cut rates much more. Poll medians through the end of ...
India’s central bank ... interest rate cut at the very next meeting, dashing hopes of a move in December. There are “significant upside risk to inflation,” Reserve Bank of India Governor ...