reserve bank of india
RBI hikes benchmark lending rate by 35 basis points to tame inflation
This is the fifth consecutive rate hike after a 40 basis points increase in May and 50 basis points hike each in June, August and September
AA Edit | Rupee dances to dollar tunes
Rupee has performed better than the currencies of other emerging economies as RBI spent nearly $100 bn to prevent the rupee from sliding
AA Edit | Amid global headwinds, govt must rally all forces
This is the ninth consecutive time that the retail inflation has come above RBI's tolerance level of six per cent.
AA Edit | Relief from inflation unlikely
This is the fourth increase in the current cycle since May 2022. The four rate hikes cumulatively increased the repo rate to 5.90% from 4%
AA Edit | Repo rate hike unavoidable
Since May this year, the RBI has undertaken a series of moves on the money supply side to handle inflation
Bond yield spikes to 7.5 per cent for first time in three years
The rate setting panel has begun its three deliberations on Monday with the outcome being announced on Wednesday
RBI may keep rates on hold
The six-member rate setting panel (MPC) is meeting for three days starting Monday with the outcome being announced on Wednesday
Sign of recovery? GDP sees rise of 20 per cent in April-June
Briefing to the media about the GDP numbers, chief economic adviser KV Subramanian said that the data is an indicative of economic recovery
RBI panel suggests 4-tier structure for urban co-op banks
The committee has also suggested setting up an umbrella organisation with a minimum capital of Rs 300 crore to oversee UCBs
Sanjaya Baru | Restoring confidence is key to economic growth
It is not at all surprising that Ms Sitharaman chose to be so bold as to claim credit for the sentiment on Dalal Street