The consumer price inflation (CPI) target of 4+/-2% for all years after FY16, set under a monetary policy framework (MPF) adopted by the government and the Reserve Bank...
China's consumer inflation moderated again in October, while producer prices declined for the 44th straight month, as falling commodity prices and weak demand add to deflationary pressure.
Reserve Bank Governor Raghuram Rajan today said even though an increase in power prices to improve the health of discoms would hurt us in the short-term...
The BSE Sensex has dropped over 2,300 points since August 17 and on August 24, the markets witnessed the worst-ever carnage in stock market, with Sensex crashing by 1,624.51 points as rout in Chinese stocks triggered a global
Retail inflation fell to record low level in July and is likely to fall further in August, leading brokerages said adding that the Reserve Bank is likely to go for a 25 basis points rate cut in its September review.
Monsoon has faltered after a promising start but inflation risks remain low and the CPI inflation is likely to average around 5.0-5.5 per cent in the current financial year, says a Nomura report.
Indian factory growth slowed for a third month running in February. Weaker growth and inflation below the RBI's goal of 6 percent by January 2016 would give the central bank room to ease policy further this year to spur activ