RBI may ease rates further: Chief Economic Advisor
Lauding RBI's role in helping bring down inflation, Chief Economic Advisor Arvind Subramanian said the central bank may further ease the interest rates as improvement on price front has opened the space for monetary easing.
Jan 26, 2015, 14:02 PM IST
Modi committed to achieving budget deficit goal
Prime Minister Narendra Modi said on Friday he was committed to meeting this year`s budget deficit target, welcoming a cut in interest rates by the Reserve Bank of India on the back of falling inflation.
Jan 16, 2015, 23:13 PM IST
India Inc wants rate cut, says inflation likely to remain low
Reversing a six month declining trend, WPI inflation moved up marginally to 0.11 per cent in December mainly due to increase in prices of food items.
Jan 14, 2015, 18:03 PM IST
Inflation cools to zero, but not good enough for rate cut
It so happened in 2014 that inflation hit a perfect-zero for wholesale prices and the retail one also more than halved to 4.4 percent, still it was not good enough for the much-awaited cut in interest rates.
Dec 31, 2014, 12:02 PM IST
Economy to grow 5.5% this fiscal: Government
"Investment is yet to pick up significantly. But on the upside inflation has come down dramatically...The year (2014-15) could end with growth around 5.5 percent," it said.
Dec 19, 2014, 16:38 PM IST
Economy to grow at 5.5% this fiscal: Government
The government's mid-year economic review has pegged the likely GDP growth rate for 2014-15 at 5.5 percent.
Dec 19, 2014, 13:41 PM IST
Retail inflation falls to record low of 4.38% in November
The Consumer-Price Index (CPI) based retail inflation fell to 4.38 percent in November as compared to 5.52 percent in October.
Dec 12, 2014, 17:53 PM IST
RBI, government to discuss timeline for 2-6% inflation target
"Going forward, we will discuss an appropriate timeline with the government in which the economy should move to the centre of the medium term inflation band of 2-6," Rajan said in a lecture at an industry event.
Dec 12, 2014, 11:29 AM IST
Inflation in India close to post financial crisis lows: Nomura
Nomura said inflation levels in India are close to post global financial crisis lows, and retained its positive stance on the country's stock market.
Dec 02, 2014, 12:29 PM IST
Don't intend to flip-flop on policy: Raghuram Rajan
The central bank`s talks with the government suggest "things will be on track with respect to fiscal deficit," he added during a press conference with reporters.
Dec 02, 2014, 12:22 PM IST
Markets pricing in rate cut, despite wary RBI
Rajan has resisted calls to cut the RBI`s 8% repo rate for fear of inflationary pressures.
Nov 26, 2014, 16:00 PM IST
July-Sept GDP growth seen around 5%: Sources
Official GDP data for the second quarter of the current fiscal year ending March are due to for release this Friday.
Nov 25, 2014, 11:41 AM IST
RBI unlikely to cut rate in next policy review: SBI chief
The RBI, which has been keeping rates at an elevated level citing high inflation, wants it to come down to 6 percent by January 2016.
Nov 20, 2014, 16:00 PM IST
With low global crude prices, inflation to ease further: FM
As wholesale inflation fell to a five-year low, Finance Minister Arun Jaitley today said that decline in global crude prices should further help in improving the price situation.
Nov 14, 2014, 17:37 PM IST
Clamour for RBI rate cut gets louder after fall in inflation
With the wholesale price inflation touching a five year low of 1.77 percent in October, clamour for a rate cut by the RBI intensified as India Inc said it was essential to stimulate demand and perk up investments.
Nov 14, 2014, 16:59 PM IST
Inflation drops to 5-year low of 1.77%, India Inc wants rate cut
WPI inflation cooled to a five year low of 1.77 percent in October raising hopes of rate cut by the Reserve Bank next month to boost economic growth.
Nov 14, 2014, 13:47 PM IST
Inflation eases to 5-year low at 1.77% in October
The October inflation data eased to its lowest since September 2009.
Nov 14, 2014, 12:19 PM IST
RBI to remain cautious despite drop in inflation: Mundra
Mundra said the RBI continues to be concerned over the accretion of non-performing assets and will be looking at the data to see if the restructured assets are slipping into NPAs.
Nov 13, 2014, 20:37 PM IST
Inflation seen cooling further in October, may not budge RBI
The survey of 27 economists and analysts predicted consumer price inflation (CPI), scheduled for release on Wednesday, cooled to an annual 5.80 percent in October.
Nov 11, 2014, 11:01 AM IST
Bond market sees rate cuts even as RBI talks tough on inflation
The bond rally - and the lower yields that result - comes as the consumer price index eased to 6.46 percent in September.
Nov 10, 2014, 09:06 AM IST
