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Federal Reserve Chairman Jerome Powell. (Photo: AP)

Fed likely to keep interest rates on hold, focus on balance sheet

Fed is expected to soon decide how much longer it will continue its current practice of buying USD 60 billion a month in...

29 Jan 2020 1:05 PM IST

Despite cuts in corporate taxes and monetary easing by the central bank, investments have failed to pick up.

India's budget likely to raise spending to revive economic growth

India is facing its worst economic slowdown in a decade. Growth slipped to 4.5 per cent in the July-September quarter.

29 Jan 2020 10:11 AM IST

The government aims to contain the fiscal deficit for FY18 to 3.2 per cent of the GDP, and 3 per cent in FY19.

Govt likely to fund some USD 28 bn of expenditure via off-budget...

India's committed spending, excluding capital spending, could be targeted at near 27 trillion rupees for the next fiscal...

24 Jan 2020 10:50 AM IST

Indias forex reserves have shot up considerably.

Forex reserves rise by USD 58 mn to record high of USD 461.21 bn

FCA decreased by USD 367 million to USD 427.582 billion, the RBI data released on Friday showed.

18 Jan 2020 11:08 AM IST

The RBI minutes from October policy review underscored the monetary policy committee members unanimous decision to keep rates lower.

RBI may put rate cuts on extended pause after spike in inflation

Economists said the MPC may watch for a possible reversal in food prices to see how inflation pans out in coming months.

15 Jan 2020 10:09 AM IST

WPI inflation, which reflects the annual rate of price rise, has risen for the second straight month, notwithstanding the cash crunch following demonetisation.

WPI inflation surges to 2.59 per cent in December

The rate of price rise for food articles rose to 13.12 per cent during December as against 11 per cent a month earlier.

14 Jan 2020 12:35 PM IST

The RBI minutes from October policy review underscored the monetary policy committee members unanimous decision to keep rates lower.

Govt appoints Michael Patra as RBI Deputy Governor

Patra will serve as the deputy governor for three years from the time of his appointment.

14 Jan 2020 12:11 PM IST

Indias retail inflation cooled to a two-year low in November after demonetisation. (Photo: AP/File)

Retail inflation rises to 7.35 per cent, highest in 5 yrs

Surge in food/vegetable prices triggers fresh growth concerns.

14 Jan 2020 3:05 AM IST

The Union government, or for that matter, the ministry of finance should not interfere in the functioning and decision-making powers of the RBI. (Photo: AFP)

RBI buys net USD 6.93 billion in currency market in November: report

The RBI bought USD 7.46 billion and sold USD 530 million in the market in November.

13 Jan 2020 12:30 PM IST

The Union government, or for that matter, the ministry of finance should not interfere in the functioning and decision-making powers of the RBI. (Photo: AFP)

Indian government to seek RBI dividend boost as revenue drops

Reserve Bank of India approved a 1.76 trillion rupees (USD 24.8 billion) dividend payment to the federal government

11 Jan 2020 10:57 AM IST

The RBI minutes from October policy review underscored the monetary policy committee members unanimous decision to keep rates lower.

RBI announces auction of 63-day Govt of India Cash Management Bill

Cash Management Bills are short term bills issued by the central government to meet its immediate cash needs.

10 Jan 2020 1:09 PM IST

Investors added risk in November as their portfolios are no longer explicitly geared to assets that outperform in a low growth & low inflation backdrop, the survey said.

Inflation probably breached RBI target in December: report

India's annual consumer inflation rose to 6.20 per cent in December from November's 5.54 per cent.

9 Jan 2020 1:00 PM IST