Despite some signs of moderation, RBI Governor Shaktikanta Das said the main risk was that inflation would remain sticky and elevated
The RBI MPC cut down the Gross Domestic Product (GDP) growth projection for FY23 from 7 per cent in the September announcement to 6.8 per cent
Panel cuts economic growth forecast by 20 bps to 6.8% for the year; Q3 lowered by 20 bps and Q4 by 40 bps
RBI governor Shaktikanta Das emphasises concerns on core inflation, says overall price momentum high
Business Standard's Puneet Wadhwa spoke to Jitendra Gohil, Director, Global Investment Management, Wealth Management, India at Credit Suisse on how the markets may play out over the next few months
The RBI's outlook, which will accompany the rates decision, will be an important pointer to future policy moves, said economists
The border situation with China, the alleged misuse of government agencies, price rise and unemployment will dominate the proceedings of the winter session of Parliament starting Wednesday
The latest moves have brought total rate hikes in 2022 from G10 central banks to 2,400 bps
Capital goods and engineering major ThyssenKrupp Industries India on Sunday said demand in core sectors will remain robust amid inflationary headwinds in the next 2-3 years
Our financial system needs more time for the broad-based transmission of the past concentrated increases in the repo rate (190 basis points in just four months)
In the last 7 days, Bitcoin (BTC) rose over 3 per cent and was trading at $16,970 on Friday. Ethereum (ETH) was up nearly 9 per cent and was trading at $1,280
The 1-year rupee overnight index swaps declined about 30 bps in November, helped by a better inflation outlook domestically
Policymakers cautioned that hopes for a quick cooling in inflation pressures next year may prove premature
The dollar index/, which measures the currency against six major peers including the yen and euro, rose 0.191% at 104.840
Inflation pressures in the UK economy showed only limited signs of abating in November, with companies expecting to raise prices by 5.7% in the coming 12 months
Sri Lanka's key inflation rate dipped marginally to 61 per cent in November, down from 66 per cent in October, the country's statistics office said on Wednesday
Sitharaman declined to describe specifics from the letter, but added that the government's top three priorities for 2023 will be "growth, health and education."
Inflation in Europe has eased for the first time in more than a year as energy prices drifted down from painful highs, but the double-digit rate still hovers near a record
Finance ministry expects moderation in retail inflation in FY24
Zimbabwe's month-on-month inflation rate for November fell to 1.8 from 3.2 per cent of the previous month, the Zimbabwe National Statistics Agency said