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Nationwide survey to revise economic indicators and align with global standards
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India’s headline inflation is expected to stay below 4 per cent for the next two quarters, driven by easing food prices and a favourable base effect. CPI inflation fell to 2.1 per cent in June, the lowest since January 2019, according to CareEdge Ratings
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RBI Governor Sanjay Malhotra said rate cuts will depend on inflation and growth outlook, not just current data. He assured that more tools are available to support the economy and ruled out fears of asset bubbles or policy exhaustion
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Both growth and price stability equally important, says RBI Governor
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India, however, is likely to be relatively less impacted among Asian economies as other countries have been hit by higher tariff rates or run a larger trade surplus with the US
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The notification, issued by Ministry of Parliamentary Affairs, also increased daily allowances for sitting members and pension and additional pension for every year of service in excess of five years for former members
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"The RBI has already embarked on a rate cutting cycle and is likely to go in for another 25 basis points reduction in the April monetary policy committee meeting, taking the repo rate to 6 per cent," HSBC Research said
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India should expand its export portfolio, diversifying its trade to other economies such as SE Asia and Latin America
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To succeed in intraday trading, one must develop a solid strategy and follow a structured approach
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RBI’s change in stance is aimed at supporting growth but expectations must be tempered, given the uncertainties of the global economic environment
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The Economic Survey expects the government's emphasis on micro, small, and medium enterprises (MSMEs) and good rabi crop production to accelerate growth and employment in the economy
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Traditional stores struggle to survive as the volatility of Zimbabwe's new currency, ZiG, pushes prices up
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RBI signals its cautious approach to balance the twin factors of inflation and growth
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In India, the gold prices have fallen from Rs 78,566 per 10 grams on November 6, when Donald Trump won the US Presidential election, down to Rs 73,740 per 10 grams on November 14 (Thursday), which is over 6 per cent drop, as per data from the India Bullion and Jewellers Association
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The retail inflation has increased from 5.49 per cent recorded in September as the prices of vegetables surged by as much as 42.18 per cent in October
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At an event in South Australia on Sunday, Anthony Albanese expressed optimism, citing new data showing inflation at its lowest in over three years, reports Xinhua News Agency.
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Accuses President Joe Biden and Vice President Kamala Harris of weakening respect for US
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CPI district secretary Potu Prasad speaking at a meeting of the party workers here on Saturday alleged that the Modi government was working for the wealthy and corporate powers while ignoring the poor.
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RBI proposes to reduce clearing cycle by introducing continuous clearing with 'on-realisation-settlement' in Cheque Truncation System
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Inflation had eased to a 12-month low of 4.75 per cent in May after having come down to 4.83 per cent in April