Headline retail inflation was at 6.71% in July; it was the first time in four months that the price gauge printed below 7%
With wholesale prices galloping in double-digits since April last year, companies found themselves in a fix, raise prices too much and hurt a nascent recovery in demand or absorb costs and take a hit
Interest rates on term deposits, money market instruments could go up further, even as RBI may conduct repo operations to maintain liquidity in the system
Vetting of apps should not affect innovation
Achieving 20% growth going forward remains a challenge; deposits for week ended August 26 up 9.5%
Foreign exchange reserves declining to government making first disbursement under PLI scheme, here are the top headlines of the day
Deputy Governor says guidelines issued on August 10 aim to curb exploitation of regulatory arbitrage
Since this is a nascent category to invest, there could be liquidity risk
Finance Minister Nirmala Sitharaman on Thursday said the Reserve Bank will have to be more synchronised with the fiscal policy and other factors in taming inflation
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Second rate hike in two months by lender after RBI's rate setting committee hiked benchmark repo rate by 50 bps to 5.4%; new MCLR at 7.90-8.40%
Reserve Bank and the finance ministry asked top management of banks and representative of trade bodies to push exports and import transactions in rupee
Private lender's portfolio of rural loans was at Rs 58,800 cr at the end of the first quarter this financial year
RBI came out with an 'Alert List' containing the names of 34 entities that are not authorised to deal in forex and operate electronic trading platforms in the country
Subbarao said the government should also be thinking about corporatisation of public sector banks so that they come within the umbrella of uniform RBI regulation
India's overall foreign exchange reserves will deplete further this year due to a ballooning current account deficit and interventions by the central bank to support the rupee, Deutsche Bank said
An FLDG is a lending model wherein a third-party guarantees to compensate up to a certain percentage of default in a loan portfolio of the regulated entity
The country's demat account tally topped the 100 million-mark for the first time, in August. Over 2.2 million new accounts were opened last month
He expects inflation to fall within tolerance band by January-March