How does the Budget affect the super-rich? Has India's capex outlay actually increased? Will a dovish RBI bolster investor sentiments this week? How does night light data show progress? Answers here
Is it a mirage or will this year turn out to be better for us? What will be the key developments that need to be tracked in 2023? Bhaswar Kumar tells us in this report
Despite showing the maximum improvement since 2011, Mumbai was the least affordable city in India in 2022: Knight Frank
25 bps raise likely in Feb, before RBI hits status quo button, feel experts
Core inflation, calculated after stripping out volatile food and energy prices, has stayed above 6% for 14 months in a row, while retail inflation cooled to 5.88% in November
MPC minutes show Das saying that in a tightening cycle, especially in a world of high uncertainty, giving out explicit forward guidance on the future path of monetary policy would be counterproductive
With this rate hike, HDFC has now passed on the entire rate hike done by the six-member monetary policy committee (MPC) of the Reserve Bank of India (RBI) to the borrowers
This comes after RBI's monetary policy committee raised repo rate by 35 bps earlier this month to take it to 6.25%
Demand for bank credit remained healthy at 17.2%, even amidst tighter liquidity conditions and higher borrowing costs, Reserve Bank of India data showed
Major private lenders such as HDFC Bank, ICICI, Axis revise rates; deposit rates now catching up with RBI rate hikes
Lower GDP growth, RBI rate hikes, reversal of base effect to blunt credit growth, analysts say
Here is the best of Business Standard's opinion pieces for today
Broader markets, especially automobile stocks, may also react negatively going ahead
The key takeaway from the governor's 3,000-word statement is 'the battle against inflation is not over'
CLOSING BELL: The central bank increased repo rate by 35 basis points and lowered GDP growth forecast for FY23 to 6.8 per cent as it remained cautious of a sticky core inflation amid global turmoil
Catch all the latest updates on the RBI's bi-monthly monetary policy announcement today
RBI Policy: After an initial rate hike of 40 basis points on May 4, the RBI has hiked the repo rate by 50 basis points thrice, on June 8, August 5 and September 30
With Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) set to meet to decide on the policy rate revision, industry lobby body Assocham has urged the former for a moderate hike
The expectations for a more modest rate rise follow a series of 50 basis point hikes by the RBI
Some expect a slight reduction in GDP growth forecast