Fri, Jan 12, 2024
December CPI in America increased from 3.1% to 3.4%... Retail inflation increased more than expected in US... Why did the American markets not decline despite the bad data? No possibility of rate reduction in March? Know from Anil Singhvi...
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Tue, Dec 12, 2023
Decision taken to delay Kharif crop, steps taken to maintain availability of onion: Rohit Kumar Singh, Consumer Affairs Secretary Watch special talk from Consumer Affairs Secretary Rohit Kumar Singh
Fri, Dec 08, 2023
Union Minister Piyush Goyal delivers optimistic news about India's booming economy and historic low inflation in a speech to the Consumer Electronics and Appliances Manufacturers Association. Watch this video to hear his insights on India's impressive economic performance and its positive implications for the future.
Sun, Sep 18, 2016
Two months ago, disagreements at the heart of the US Federal Reserve spilled out into the open, with policymakers squaring off over the near-term threat of inflation.
Fri, Sep 16, 2016
Retail inflation eased to a five-month low of 5.05% in August.
Wed, Sep 14, 2016
Rate of inflation in food articles (14.34% weightage on the index) dropped to 8.23%, lowest in past three months. Rate of inflation in food articles stood at 11.82%, 8.57% and 8.24% in July, June and May, respectively. Rate of inflation in pulses, too, came down slightly, at 34.55% in August 2016 from 35.76% in July 2016.
Tue, Sep 13, 2016
Despite the retail inflation easing to a five-month low of 5.05% for the month of August, industry’s hopes of getting an interest rate cut from the Reserve Bank of India (RBI), might not be realised.
Mon, Sep 12, 2016
A Reuters poll last month suggested another cut was likely in the final three months of this year.
Wed, Sep 07, 2016
The report mentioned Citibank's prediction stating that more bond will gain as there are chances of inflation spike cooling by the end of FY17.
Tue, Sep 06, 2016
India's production of summer-sown pulses is likely to surge to a record high this year, dragging down prices of the protein-rich food grains after last year's sharp rally that prompted farmers to increase area under cultivation, industry officials said.
Raghuram Rajan, whose tenure as the RBI Governor ended this week, hopes the process of cleaning up Indian banks will be finished and the government will continue to prioritise "low inflation".
RBI undertook an asset quality review of banks by issuing blanket orders to classify loans to certain accounts as non-performing assets.
Mon, Sep 05, 2016
Like Rajan, Patel too worked with the International Monetary Fund (IMF).
Sat, Sep 03, 2016
Friday, September 2, 2016, marked the last working day for Reserve Bank of India Governor Raghuram Rajan. He will step down from the position on Sunday, September 04, and make way for governor-in-waiting Dr Urjit Patel to take his place.
Fri, Sep 02, 2016
As an excellent listener and communicator, the outgoing RBI Governor Raghuram Rajan used all the modes of communication to stop the market from running ahead and got it open-mouthed instead, says a report. Rajan will demit office on September 6, and will return to teaching.
Days before leaving Reserve Bank of India (RBI), outgoing Governor Raghuram Rajan on Thursday said he was willing to stay a bit longer but could not reach the "right kind of agreement" with the government on extension of his tenure.
Tue, Aug 30, 2016
Indian economy is estimated to grow at 7.8% in the current financial year of 2016-17 (FY17) on the back of good monsoon, better performance of agriculture and industry sector, said a latest survey by Ficci.
Mon, Aug 29, 2016
Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments Top five stories of this evening: 1. High inflation dims interest rate cut hope: RBI
While several policy actions led by outbound RBI Governor Raghuram Rajan are showing their results slowly but surely, there are still a number of areas where work is still in progress, the RBI said.
India will be hit by an economic crisis if crude oil price crosses $60 per barrel, BJP MP Subramanian Swamy said on Monday. "Given the state of our economy, if crude oil price per barrel rises above $60 then we will be hit by an economic crisis," he tweeted on Monday.
Fri, Aug 26, 2016
Reserve Bank of India (RBI) Governor Raghuram Rajan welcomed the appointment of Urjit Patel as his successor, saying it would ensure continuity in meeting the country`s inflation objectives.
Thu, Aug 25, 2016
TGBL (formerly known as Tata Tea) had entered into a JV with Zhejian Tea Import and Export to manufacture and market green tea and other value added products
Tue, Aug 23, 2016
The analysts at CARE Ratings in a report dated August 22, said there will be no change in the policies with the new Governor taking over.
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