Tag: Reserve Bank of India
With retail inflation at 5.5%, RBI’s stance vindicated
“It is clear that inflation and its outlook are not benign as they were last year…,” RBI governor Sanjay Malhotra said in a statement after…
Eye on the price: Retail inflation at 5.54% in September, most on new base
New Delhi: India’s retail inflation climbed to 5.54% year-on-year in September, the highest for the gauge since January, raising the probability of further increase in…
Inflation could hit 7%, forcing RBI to hike rates by 150 bps further: Report
New Delhi: India’s inflation risks are significantly higher than the Reserve Bank of India (RBI) currently acknowledges, with price pressures likely to push inflation to…
Rupee set for sharp rally as RBI moves to curb speculative bets, but risks remain
The rupee is set to open sharply stronger on Monday after the Reserve Bank of India (RBI) moved over the weekend to curb speculative bets…
India’s services demand outlook positive for Q3FY27, margin concerns persist: RBI
New Delhi: India’s services sector is expected to maintain a positive demand outlook in Q3FY27, although business optimism has moderated compared with the previous quarter,…
India’s rupee defence raises question of how far RBI will go
The Reserve Bank of India is broadening its defenses to steady the rupee, taking some of its strongest measures since the 2013 taper tantrum. That…
RBI’s first big liquidity mop-up after rate hike falls short as banks park less than half the target
Kolkata: The Reserve Bank of India‘s first major attempt to drain surplus liquidity and improve transmission of its rate hike met with a muted response….
RBI bid to drain surplus liquidity and improve rate transmission sees muted response
Kolkata: The central bank’s first major bid Thursday to drain surplus liquidity and improve transmission of its first rate increase in nearly four years met…
RBI rate hike will not stem outflows, leaving central bank in a bind
MUMBAI: India’s first rate hike in four years is unlikely to slow or reverse record high capital outflows, leaving the central bank battling the vicious…
Economists see food, oil stoking India’s September inflation
Bengaluru: India’s consumer inflation likely accelerated in September, moving closer to the upper end of the Reserve Bank of India‘s 2%-6% target range as higher…