RBI Likely To Announce Another Repo Rate Hike Tomorrow To Manage Inflation
Raising interest rates is a monetary policy instrument that typically helps suppress demand in the economy, thereby helping the inflation rate decline.
Apr 05, 2023, 20:45 PM IST
Congress : Rahul Gandhi targets the central government regarding inflation in the Country
Congress leader Rahul Gandhi has again targeted Prime Minister Narendra Modi on the issue of rising inflation in the country. He blamed the Modi government.
Apr 02, 2023, 10:34 AM IST
Pakistan's Finance Minister Ishaq Dar makes big announcement
Despite the very bad condition of Pakistan, such a statement of Finance Minister Ishaq Dar has come out which will surprise you. Ishaq Dar said, 'Missile program will not be compromised'
Mar 17, 2023, 16:10 PM IST
Pakistan Inflation: Increase in the prices of electricity including Petrol-Diesel
Pakistan has once again seen an increase in the prices of electricity including petrol and diesel. The question is arising from this that Shahbaz, upset because of not being able to arrest Imran, is venting his anger on his own people.
Mar 17, 2023, 15:34 PM IST
European Central Bank Increases Key Rate By 50 Bps Amid Global Banking Turmoil
While systemic banking crises generally morph into deep recessions, the euro zone's financial system is in its best shape in years, with capital, liquidity and profits all at healthy levels.
Mar 16, 2023, 19:29 PM IST
Retail Inflation Dips Marginally To 6.44% In Feb
The Reserve Bank has projected retail inflation at 6.5 percent for 2022-23, with the January-December quarter at 5.7 percent.
Mar 13, 2023, 19:28 PM IST
Inflation Expected To Come Down Over The Year: RBI MPC Member Ashima Goyal
"Inflation rates are expected to come down over the year," RBI MPC Member Ashima Goyal told PTI in a telephonic interview.
Mar 12, 2023, 13:06 PM IST
RBI Likely To Settle For 25 Basis Points Repo Rate Hike: Experts
Since May last year, the Reserve Bank has increased the short-term lending rate by 225 basis points to contain inflation, mostly driven by external factors, especially global supply chain disruption following the Russia-Ukraine war outbreak.
Mar 05, 2023, 11:39 AM IST
Interest Rate Hike Cycle in Asia Nearing its End: Morgan Stanley
In India too, the Monetary Policy Committee (MPC) of the RBI decided to raise the repo rate, the rate at which the RBI lends money to all commercial banks, by 25 basis points to 6.5 per cent. Since May last year, the RBI has increased the short-term lending rate by 250 basis points to contain inflation.
Feb 16, 2023, 14:13 PM IST
Unlike Other Lenders, Canara Bank Cuts Lending Rate by 15% Amid Repo Rate Hike by RBI
Reserve Bank of India (RBI) hiked the repo rate the sixth time to 6.50% in the February 6-8 Monetary Policy Committee meeting to rein high inflation.
Feb 11, 2023, 07:40 AM IST
RBI MPC Meet Concludes Today - From Repo Rate Hike to GDP Projection; Here are 5 Key Takeaways
RBI is projecting Inflation in 2022-23 to stand at 6.5% and that will decrease further at 5.4 % in Q4 of this fiscal year.
Feb 08, 2023, 11:57 AM IST
European Central Bank May Outdo Fed With Half-Point Interest Hike
The ECB started raising rates in July, four months after the Fed did, and from lower levels including below zero for one of its key benchmarks.
Feb 02, 2023, 16:09 PM IST
IMF Projects Indian Economy to Grow 6.1 % in 2023; Global Growth to Dip to 2.9 %
Global growth projected for 2023 and 2024 is below the historical (2000-19) annual average of 3.8 per cent. The forecast of low growth in 2023 reflects the rise in central bank rates to fight inflation -- especially in advanced economies -- as well as the war in Ukraine.
Jan 31, 2023, 10:58 AM IST
Budget 2023 Should Focus on Falling Imports, Impact of Slowdown, Says Former FM Chidambaram
FM Nirmala Sitharaman to present the Union Budget 2023-24 in Parliament on February 1.
Jan 31, 2023, 09:21 AM IST
Every One in Four Indians Surveyed Concerned About Threat of Job Layoff: Survey
Over 58,000 employees with 190 companies have lost thier jobs in the first 25 days of Jaunary, marking a stressful start of 2023.
Jan 25, 2023, 16:57 PM IST
India's retail inflation is expected to come down to 5% by March: SBI research
In its fight against rising inflation, RBI had already hiked the key policy rate by 225 basis points since May 2022 to 6.25 per cent to cool off domestic retail inflation that stayed above its upper tolerance limit for nearly three quarters.
Jan 15, 2023, 13:48 PM IST
'Your priorities are my priorities': Rishi Sunak vows to tackle Britain's most serious problems in 2023
In a speech, Indian-origin UK PM Rishi Sunak promised to halve UK's inflation and reduce illegal migration.
Jan 05, 2023, 06:50 AM IST
RBI survey for price movements, inflation assessment launched
The Survey aims to capture subjective assessments of price movements and inflation, based on individual consumption baskets.
Jan 01, 2023, 15:09 PM IST
Rupee ends as worst-performing Asian currency in 2022: Report
The rupee was also a victim of a rally in oil prices sparked by the Russia-Ukraine conflict, which pushed India's current account deficit to a record high in the September quarter in absolute terms.
Dec 30, 2022, 20:18 PM IST
National security, inflation, and unemployment key issues discussed in AAP national council meet
One of the primary issues that were discussed in the meeting was national security and face-off with China. Gopal Rai said that if there is one thing people across the country are fed up of, it's inflation.
Dec 18, 2022, 20:37 PM IST
