Tag: inflationary pressures
Posted in Business
RBI raises repo rate by 25 points in first hike in four years, loan EMIs may rise
The Reserve Bank of India (RBI) raised its benchmark repo rate by 25 basis points to 5.5% on Wednesday, marking its first rate hike in…
Posted in Economy
Timeline: How RBI’s repo rate has changed since June 2000
The Reserve Bank of India left interest rates unchanged on Friday, meeting market expectations, as it awaits data to judge if higher oil prices are…
Posted in Business
Sensex today surges over 1,100 points, Nifty nears 24,000 after US-Iran peace deal
Sensex today: Indian benchmark indices opened sharply higher on Monday, tracking a rally in global markets after the United States and Iran finalised a deal…
Posted in Economy
RBI says 4% inflation target not in abeyance; future rate action tied to price persistence
Mumbai: The Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday said its 4 per cent medium-term inflation target is sacrosanct and has not…
Posted in Economy
Input costs may deny exporters edge gained from rupee at record low. Textiles, leather, agro products, carpets may benefit
The rupee’s fall to a record low of 93.86 against the dollar may offer a modest competitive edge to exporters, but rising input costs are…