India's economic growth requires "far more affordable" bank interest rates, the finance minister said on Monday, adding New Delhi was committed to measures to ensure the economy remained on course.…
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…
The RBI’s policy committee is made up of three external members. India’s central bank watchers are getting anxious about who will decide interest rates in two week’s time, a crucial…
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…
Federal Reserve Governor Michelle Bowman made history on Wednesday by becoming the first Fed governor since 2005 to vote against an interest-rate decision, marking a rare moment of dissent within…
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…
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…
NEW DELHI: In a report earlier this week, Fitch Ratings noted that elevated interest rates in the US since 2023 have begun to show some effect on the labour market…
MUMBAI: India can become the world's second-largest economy in seven years and the largest by 2060, RBI deputy governor Michael Patra said."Given the innate strengths and resolve to achieve its…