RBI Repo Rate
Posted in Economy

RBI repo rate: SBI Research, IDFC First expect rate hike in October as crude prices climb: Higher oil prices & inflation raise likelihood of policy tightening

Some economists have brought forward their forecasts for a rate hike by the central bank to as early as October, overturning earlier expectations that the…

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Posted in Economy

New Delhi summit boosts India-EAEU FTA negotiations

New Delhi: The negotiations for a free trade agreement (FTA) between the Russia-led Eurasian Economic Union (EAEU) and India picked up momentum last week on…

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Posted in Economy

Nitin Gadkari Mumbai traffic: Nitin Gadkari has a new plan for Mumbai traffic: After getting stuck for an hour, minister proposes a tech-driven solution to the city’s congestion problem

Mumbai’s traffic is hardly a hidden problem. The city may be known for its architectural landmarks, coastline and fast-paced lifestyle, but long commutes and congested…

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Posted in Economy

Banks cannot impose charges on UPI payments of up to Rs 2,000, govt says

The Central government on Monday announced that banks cannot impose any charges on Unified Payments Interface (UPI) transactions of upto Rs 2,000 or debit card…

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Posted in Economy

Piyush Goyal meets Chinese commerce minister; discusses trade ties

New Delhi: Commerce and Industry Minister Piyush Goyal has met his Chinese counterpart Wang Wentao and discussed ways to boost trade and economic ties between…

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Posted in Economy

India, Brazil-led bloc ink pact for electronic origin certificates

New Delhi: India and the five-member Mercosur bloc have signed an agreement to accept Certificates of Origin in electronic form instead of only paper documents,…

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Posted in Economy

India, China agree to ‘properly address’ economic and trade concerns in a balanced manner

Commerce Minister Piyush Goyal met Chinese counterpart Wang Wentao on Monday wherein they agreed to implement the important consensus reached by Prime Minister Narendra Modi…

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Posted in Economy

India, Brazil-led bloc Mercosur ink pact to accept electronic Certificates of Origin

New Delhi: India and Mercosur, a bloc of five South American countries, have signed an agreement to accept Certificates of Origin in electronic form instead…

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Posted in Economy

Average sugar retail price rules below Rs 60/kg for 4th day; festive demand keeps rates elevated

New Delhi: The average all-India retail price of sugar remained below Rs 60 per kg for the fourth straight day on Monday following a series…

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The rate-hike concerns have intensified over the past month as a sustained rise in global oil prices threatens to add to inflation pressures, with Brent crude futures near $108 a barrel. (File Photo for Representation)
Posted in Business

Retail inflation rises to 4.82% in August from 4.45% in July

India’s annual retail inflation jumped to 4.82% in August from 4.45% in July, driven by higher food and fuel prices and strengthening a case for…

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