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According to HSBC, the public spending component of GVA and the government consumption component of GDP grew at a rapid pace, accounting for roughly one-fifth of overall growth.

RBI may hike rates again in August on rise in inflation, say analysts

Analysts at German brokerage Deutsche Bank also said they expect a 0.25 per cent rate hike by the RBI at the August...

13 Jun 2018 5:35 PM IST

Reserve Bank of India keeps the repo rate and reverse repo rate unchanged.

Reserve Bank of India releases June 2018 issue of monthly bulletin

The Bulletin includes Second Bi-monthly Monetary Policy Statement for the Year 2018-19.

12 Jun 2018 1:14 PM IST

Higher opening in domestic stock market limited rupee losses. (Photo: PTI).

RBI retains 7.4 per cent GDP growth forecast for FY 2018-19

The Indian economy had grown at 6.7 per cent last fiscal.

6 Jun 2018 3:53 PM IST

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

RBI increases repo rate by 25 basis points to 6.25 per cent

RBI has increased the reverse repo rate -- the rate at which RBI borrows from commercial banks -- to 6 per cent.

6 Jun 2018 2:45 PM IST

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

RBI pegs retail inflation at 4.8 per cent for second half of FY 2019

Retail inflation has been projected to rise further to 5 per cent in the first quarter of next financial year 2019-20.

1 Aug 2018 4:13 PM IST

Wholesale inflation in the month of October soared to 3.59 per cent on the back of food and fuel prices. (Photo: PTI)

Wholesale inflation eases to 5.09 per cent in July: Govt data

Retail inflation rate eased to 4.17 per cent in July.

14 Aug 2018 12:40 PM IST

With the rupee resuming its fall after a brief period of consolidation, forex participants are not ruling out of the possibility of the rupee weakening further to breach the 70 level mark. (Photo: AP)

Rupee may decline further against US dollar: State Bank of India...

The rupee has now depreciated by 6.2 per cent since June 2018 when RBI started hiking rates.

4 Sept 2018 5:10 PM IST

Finance Minister Arun Jaitley (Photo: PTI)

Interest rates to slowly become reasonable: Arun Jaitley

Jaitley also says LIC has come out with a pension scheme to offer fixed rate of interest to investors.

3 Aug 2017 6:20 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

RBI rate cut: Time for govt to act now

On the growth of the economy it is a good sign that the RBI has maintained the real GDP growth for 2017-18 at 7.3 per...

3 Aug 2017 12:00 AM IST

Achieving the high end of the 6.75-7.5 per cent growth projected previously will be difficult, said the Mid-Year Economic Survey.

Rise in rupee, farm loan waivers may bog down GDP growth: Economic...

The survey said achieving the high end of the 6.75-7.5 per cent growth projected previously will be difficult.

11 Aug 2017 1:46 PM IST

Services ector forms the core of services PMI.

Service sector growth nearly stalls in April: PMI

A composite PMI, which includes both manufacturing and services, fell to 51.3 last month from 52.3 in March.

4 May 2017 11:24 AM IST

RBIs newly-appointed Deputy Governor and noted economist Viral Acharya

Acharya stares at tough times at RBI as dy governor

Former Stern School of Business professor joins central bank when RBI faces questions on institutional integrity over...

20 Jan 2017 4:36 PM IST