NEW DELHI: The Reserve Bank of India's (RBI) governor Shaktikanta Das on Friday said that interest rate cut at this stage will be 'premature, and very, very risky'.Speaking at the…
The European Central Bank (ECB) on Thursday reduced the benchmark interest rate from 3.5% to 3.25% following data indicating that inflation across the region had dropped to its lowest point…
NEW DELHI: The Reserve Bank of India might maintain steady repo rates in the monetary policy meeting on Wednesday. However, a few investors are speculating a shift to neutral, which…
MUMBAI: Coordination between RBI and govt has helped bring down the trade-off between battling inflation and growth, RBI governor Shaktikanta Das said.RBI has steadfastly maintained that there is no trade-off…
NEW DELHI: The meltdown in oil prices allows the government to shore up its finances by raising excise duty to partly absorb the windfall gains being made by fuel retailers…
MUMBAI: RBI has warned of a 'Russian roulette' scenario as market expectations regarding central banks are reset. The regulator noted significant volatility risks, given that markets experience wild swings with…
MUMBAI: RBI governor Shaktikanta Das said that India's growth potential is around 7.5% or more, higher than the central bank's 7.2% forecast for the current financial year.The potential growth rate…
India’s central bank governor signaled he’s in no hurry to cut interest rates despite recent softening in inflation in the world’s fastest-growing major economy. “Inflation has been brought within the…
MUMBAI: RBI governor Shaktikanta Das said that the 'last mile in disinflation' - bringing down inflation - is yet to be covered and the central bank should successfully navigate this…
Chairman Jerome Powell said the time has come for the Federal Reserve to cut its key policy rate, affirming expectations that officials will begin lowering borrowing costs next month and…