Tag: Interest rate
Rate cut to be based on long-term inflation trajectory: RBI Governor
New Delhi: Reserve Bank of India (RBI) Governor Shaktikanta Das has said the decision on interest rate moderation will be based on long-term inflation trajectory…
PMI: India’s factory activity growth hits three-month low of 57.5, PMI shows
India’s manufacturing activity growth eased to a three-month low in August as demand softened significantly, a private-sector survey showed on Monday, casting another shadow over…
Fed minutes: Most officials favored a rate cut in September if inflation continued to cool
WASHINGTON — Most Federal Reserve officials agreed last month that they would likely cut their benchmark interest rate at their next meeting in September as…
Food inflation to stay sticky, rate cuts may get pushed to FY26: Economists
The central bank is unlikely to consider softening rates this fiscal year even after the consumer inflation gauge declined below the mandated 4% target for…
India’s central bank holds rates again despite global market volatility
By Swati Bhat and Sudipto Ganguly India’s central bank holds rates again despite global market volatility MUMBAI, – The Reserve Bank of India kept its…
RBI MPC meeting: RBI starts deliberations on monetary policy amid expectations of status quo on interest rate
Reserve Bank’s rate-setting panel started its three-day deliberations for the next set of bi-monthly monetary policy amid expectations of no change in benchmark interest rate…
RBI MPC: Inflation target evades RBI’s rate panel as rejig looms
The Indian central bank‘s (Reserve Bank of India) rate setting panel faces another food-driven spike in inflation as it meets a final time ahead of…
Monetary Policy: RBI likely to keep interest rate unchanged at 6.5%, say experts
Reserve Bank of India (RBI) is likely to keep the key interest unchanged at 6.5 per cent on Thursday, and wait for more macroeconomic data…
Finance Secy TV Somanathan: There’s a nudge for industry to opt for less automation, use more labour
The jobs schemes announced in the budget are meant to nudge industry towards more labour-intensive choices, Finance Secretary TV Somanathan said in an interview to…
PMI: Robust demand drives India’s business growth to a three-month high in July, PMI shows
India’s business activity accelerated at its fastest pace in three months in July thanks to strong demand, especially in the services sector, according to a…