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Reserve Bank of India

RBI keeps its rates intact, says inflation likely to rise

The RBI upped its inflation forecast to 5.1 per cent for the current fourth quarter of 2017-18, ending March 31.

8 Feb 2018 2:51 AM IST

The decision was made by a 8-1 vote with board member Goushi Kataoka dissenting.

BOJ removes timeframe for price goal, keeps policy steady

BOJ left its inflation forecast for next fiscal year unchanged from three months ago, at 1.8 per cent.

27 April 2018 10:19 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.

India's average GDP growth to rise to 7.8 per cent: report

Indian economy is expected to witness a cyclical recovery driven by investments as well as consumption.

25 April 2018 12:59 PM IST

Inflation concerns growing: RBI

During the previous MPC meeting, only one member was in favour of a rate hike while others favoured a neutral stance.

20 April 2018 1:26 AM IST

According to the last World Bank report 2017, Indias ranking improved by just one notch to 130 from a revised rank of 131 previous year.

World Bank raises 2018 East Asia growth forecast

World Bank raised its growth outlook for China this year to 6.5 per cent from its Oct forecast of 6.4 per cent.

12 April 2018 10:57 AM IST

The Reserve Bank is expected to go for a hike in key policy rates by the fourth quarter of this year.

RBI may start off rate hike cycle by Q4 2018: report

The global financial services major, expects the start of a shallow rate hike cycle by the fourth quarter of 2018.

8 April 2018 1:30 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI directs payment operators to keep data within India

RBI said, will be given six months to make the necessary transition.

6 April 2018 11:53 AM IST

Indias widening current account deficit coupled with normalisation of loose policy in developed nations and soaring crude oil prices may weaken rupee towards Rs 67/$1 in the fiscal years that begun from April 1.

Rupee may hit 67 against dollar in FY2019

Investor sentiment will be cautious, weighing on the local currency, as three major states are going to polls this year.

2 April 2018 12:30 PM IST

The stock markets will be steered by RBI policy, macroeconomic data points and global trends this week, say experts.

RBI policy, macro data to steer markets this week

The market is slowly expected to gain momentum in the month of April.

1 April 2018 10:59 AM IST

State Bank of India

Fixed term deposits in SBI to now emanate higher interests

The revised rate which comes into effect from 30th July, 2018, will be applicable on retail deposits below Rs 1 crore.

30 July 2018 2:20 PM IST

Reserve Bank of India

RBI likely to cut policy rate on Friday to boost economy

RBI Governor Shaktikanta Das has already hinted further monetary policy easing while space for fiscal space is limited.

3 Oct 2019 5:50 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)

RBI begins policy review meet; rate cut on cards to boost economy

The six-member MPC is scheduled to announce the fourth bi-monthly monetary policy for 2019-20 on Friday, October 4.

1 Oct 2019 5:19 PM IST