India cuts policy rate for the first time in nearly five years, new central bank governor Malhotra says
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has offered room to stimulate the slowing economy. The Monetary Policy Committee decided to trim the repo rate by 25 basis points to 6.
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"Would like to stick my neck out and say India certainly can achieve 7% plus growth": RBI Governor"These are difficult questions to answer, but nevertheless, I would like to stick my neck out and say that certainly India can achieve 7 per cent plus growth rate, and we should certainly aspire for," ...
RBI projects retail inflation at 4.2% for next fiscal year, citing good crop prospects and global uncertainties.
Malhotra: You would have observed in the past couple of months and even before that, it has been the RBI’s endeavour to ...
India’s latest budget introduces one of the most significant tax cuts in decades, boosting disposable income & supporting ...
Diversified products maker 3M India reported a 16% fall in its third-quarter profit on Friday, as inflationary pressures ...
Households’ median perception of current inflation declined marginally by 10 basis points (bps) to 8.3 per cent, as compared ...
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