US economy grew at a solid 2.8% pace last quarter on strength of consumer spending – Times of India

WASHINGTON: The US economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the weight of still-high interest rates. Wednesday's report from…

Continue ReadingUS economy grew at a solid 2.8% pace last quarter on strength of consumer spending – Times of India

Inflation will begin to cool off after October, says RBI governor – Times of India

MUMBAI: The central bank's projections indicate that inflation will moderate after remaining high in October, RBI governor Shaktikanta Das has said, while cautioning that geopolitical risks and weather events pose…

Continue ReadingInflation will begin to cool off after October, says RBI governor – Times of India

Rate cut at this stage will be premature and very very risky, says RBI Governor – Times of India

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…

Continue ReadingRate cut at this stage will be premature and very very risky, says RBI Governor – Times of India

RBI likely to keep rates steady as economic growth slows, global rates ease: Report – Times of India

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…

Continue ReadingRBI likely to keep rates steady as economic growth slows, global rates ease: Report – Times of India

‘Russian roulette’ in markets, RBI flags volatility risks – Times of India

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…

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