Tag: Reserve Bank of India
India’s growth outlook resilient despite global challenges, supported by favourable rates: HSBC
New Delhi: India’s economic growth remains resilient despite global macro-economic challenges, supported by favourable interest rate and liquidity conditions, according to a report by HSBC…
Fitch raises India FY26 GDP growth forecast to 7.5% on strong domestic demand
New Delhi: Fitch Ratings on Friday raised India’s economic growth forecast for FY26 to 7.5% year-on-year from 7.4% projected in December, citing strong domestic demand…
India’s February retail inflation quickens to 3.21% before Iran war impact hits
India’s retail inflation stood at 3.21% in February, according to data released on Thursday, amid trade uncertainty and geopolitical tensions in the Middle East. The…
Govt will make sure economy doesn’t suffer from conflict in Middle East: Kotak Mahindra AMC MD Nilesh Shah
Mumbai: Amid rising geopolitical tensions in West Asia and concerns over global crude oil supply, Kotak Mahindra Asset Management Company Managing Director Nilesh Shah said…
Iran-Israel war: Every 10% rise in oil prices could shave 20–25 bps off India’s GDP growth, says HDFC Bank
Rising tensions in West Asia and the resulting volatility in oil prices could weigh on India’s economic outlook, with higher crude costs potentially slowing growth,…
Rupee faces record low at open as $117 oil deepens deficit fears| Business News
The Indian rupee is poised to plunge to an all-time low at Monday’s open, battered by a relentless rally in global crude oil prices and…
RBI said to intervene as rupee slips past 92 per dollar amid escalating Iran war| Business News
The Reserve Bank of India has intervened in the forex market after Rupee slipped part the 92/Dollar mark for the first on Wednesday. The Reserve…
Government reviews trade risks from West Asia tensions, vows steps to keep cargo flowing
The government on Monday held inter-ministerial deliberations with exporters and logistics players to assess the impact of escalating tensions in the West Asian region on…
We expect policy rate to be at current level or lower for a long time: Sanjay Malhotra, Governor, RBI
Reserve Bank of India governor Sanjay Malhotra told Sangita Mehta and Sruthijith KK in an interview that India’s Goldilocks phase can be sustained as macroeconomic…
Apple Pay in India? iPhone maker in talks with banks to onboard UPI| Business News
Apple Inc. is in discussions with key banks and card networks in preparation to start Apple Pay in India, that too on UPI. Apple is…