Tag: Reserve Bank of India
India retains inflation target at 4% for next five years
New Delhi: India has kept its retail inflation target for the central bank unchanged at 4% ( plus or minus 2 percentage points), opting for…
India retains headline inflation target at 4% following review
NEW DELHI, – India’s federal government on Wednesday retained the target for retail inflation at 4%, within a comfort band of 2%-6%, according to an…
S&P Global Ratings raises India’s FY27 growth forecast to 7.1%
S&P Global Ratings on Wednesday raised India’s FY27 growth forecast to 7.1%, driven by strong private consumption, modest recovery in private investment and robust export…
RBI’s policy battle amid oil shock, rupee pressure to be complex as many challenges ahead: Report
The Reserve Bank of India‘s (RBI) policy response to the ongoing energy price shock is likely to be challenging due to multiple trade-offs involving inflation,…
RBI releases meeting schedule of the Monetary Policy Committee for 2026-2027
The Reserve Bank of India (RBI) on Monday announced the schedule for the Monetary Policy Committee (MPC) meeting for the financial year 2026-2027. The first…
India’s forex reserves fall $7.05 billion to $709.76 billion as of March 13
India’s foreign exchange reserves declined sharply by $7.05 billion to $709.76 billion for the week ending March 13, according to data released by the Reserve…
RBI working to provide avenues to Russian trade counterparts for INR use
Mumbai: The Reserve Bank of India (RBI) is working on providing more avenues for the usage of Indian rupee (INR) accumulated by the Russian trade…
RBI says no material concerns on record about HDFC Bank after top-level churn| Business News
There are no material concerns on record about HDFC Bank Ltd., the Reserve Bank of India said after the sudden resignation of part-time chairman Atanu…
RBI’s defence of rupee vs dollar is weighing on India’s forex reserves| Business News
The Reserve Bank of India’s recent defence of the rupee vs dollar is weighing on the nation’s foreign exchange reserves, prompting calls from some analysts…
Rupee slumps to record low even as Goldman Sachs warns of 95/dollar levels| Business News
Goldman Sachs Group Inc. has warned that the Indian Rupee (INR) could tumble to 95 against the US Dollar (USD), even as the local currency…