If the consensus is right, inflation will come in below the RBI’s medium-term target for 14 months in a row.
10 Oct 2019 3:31 PM
The six-member MPC is scheduled to announce the fourth bi-monthly monetary policy for 2019-20 on Friday, October 4.
01 Oct 2019 5:19 PM
RBI has already slashed the repo rate (short-term borrowing rate) four times aggregating to 1.10 percentage points since January.
29 Sep 2019 4:33 PM
It is because everyone worked twice as hard. Which means they must have also produced twice as much.
27 Sep 2019 7:46 AM
The wholesale price index (WPI)-based inflation was at 1.08 per cent in July this year and 4.62 per cent in August 2018.
16 Sep 2019 1:01 PM
The government has mandated the Reserve Bank of India to keep the retail inflation in the band of 2-6 per cent.
14 Sep 2019 3:33 PM
The central bank has already reduced the key policy rate four times in the current calendar year
13 Sep 2019 1:38 PM
However, retail inflation is still within the Reserve Bank's target range, thus keeping hopes of another rate cut alive.
12 Sep 2019 7:18 PM
The expected rise in inflation comes despite the price of oil, India’s biggest import, falling by more than 7 per cent.
10 Sep 2019 9:27 AM
The RBI lowered its outlook for the fiscal year 2019-2020 at its August meeting.
27 Aug 2019 11:07 AM
The country's economy grew at 8.2 per cent in April-June 2018-19.
26 Aug 2019 3:46 PM
RBI has lowered the repo rate by 1.1 percentage points in 2019, the banks are yet to pass on the entire benefit to borrowers.
22 Aug 2019 11:55 AM
India's GDP growth increased from an average of 6.7 per cent during 2010 to 2014 to 7.3 per cent during 2015 to 2019.
16 Aug 2019 1:34 PM
Inflation based on Wholesale Price Index (WPI) was at 2.02 per cent in June this year and 5.27 per cent in July 2018.
14 Aug 2019 12:36 PM
Retail inflation was 3.18 per cent in June 2019, while it stood at 4.17 per cent in year-ago period (July 2018).
13 Aug 2019 8:48 PM
If the RBI does cut rates in Oct and early next year it will be the most aggressive amongst major central banks in easing policy.
09 Aug 2019 2:08 PM
CPI (Consumer Price Index) retail inflation is projected at 3.1 per cent for the second quarter this fiscal.
07 Aug 2019 12:21 PM
Food prices have risen due to lower-than-expected monsoon rains over the past two months.
07 Aug 2019 9:59 AM
The size of the economy will grow to USD 3 trillion from USD 2.7 trillion in the previous year.
05 Aug 2019 9:33 AM
Almost 80 per cent of 66 economists surveyed by Reuters expected the RBI to cut its benchmark repo rate by 25 bps.
02 Aug 2019 4:19 PM