Category: Economy
RBI cuts policy rate by 25 bps
Mumbai: A ‘Goldilocks’ economy of record low inflation and multi-quarter strong economic growth overshadowed a sharply depreciating currency for the Reserve Bank of India’s (RBI)…
Russia eyes bigger fertiliser play, calls for duty cut
Russia has substantially increased fertiliser exports to India and is ready to further boost supplies of environmentally friendly fertilisers to the South Asian nation, Russian…
RBI Governor expects deposit rates to ease but that may not be easy
Mumbai: Reserve Bank of India (RBI) Governor Sanjay Malhotra Friday said he expects deposit rates to moderate in line with bank lending rates, after the…
RBI does not target any band for rupee, allows it to find its own level: Guv Malhotra
Mumbai: Reserve Bank Governor Sanjay Malhotra on Friday said the central bank does not target any band for the rupee in the forex market, and…
IMF critique: RBI guv says Indian data fairly accurate, DG downplays ‘crawl’ comment
Days after the International Monetary Fund (IMF) flagged concerns on Indian data sets and exchange rate management, the Reserve Bank brass defended the country’s conduct…
Engagement ongoing with US on mutually beneficial bilateral trade agreement: Govt to Parliament
India’s engagement with the US is ongoing, including through negotiations aimed at concluding a mutually beneficial, multi-sector bilateral trade agreement, the Centre informed Parliament on…
Govt promises time-bound fixes after ORR firms flag mobility, Infra gaps
Industry leaders from multinational companies along the Outer Ring Road (ORR) met with IT-BT minister Priyank Kharge raising concerns around last-mile metro connectivity, poor service…
NDA govt doubled MSP, quadrupled crop procurement: Shivraj Singh Chouhan in Rajya Sabha
The NDA government has not only fixed the Minimum Support Price of crops at double their cost of production but has also increased procurement four-fold…
Another 25-basis-point policy rate cut likely in February MPC: Bank of Baroda economist
There is a high probability that Reserve Bank of India (RBI) would go for another rate cut in the next monetary policy review meeting in…
Indian businesses can replace void left by Western companies in Russia, says Roscongress CEO Stuglev
India can certainly expand its footprint in the Russian market by stepping into businesses and sectors left open after the exit of some of the…