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WPI inflation, which reflects the annual rate of price rise, has risen for the second straight month, notwithstanding the cash crunch following demonetisation.

WPI inflation surges to 2.59 per cent in December

The rate of price rise for food articles rose to 13.12 per cent during December as against 11 per cent a month earlier.

14 Jan 2020 12:35 PM IST

The RBI minutes from October policy review underscored the monetary policy committee members unanimous decision to keep rates lower.

Govt appoints Michael Patra as RBI Deputy Governor

Patra will serve as the deputy governor for three years from the time of his appointment.

14 Jan 2020 12:11 PM IST

Indias retail inflation cooled to a two-year low in November after demonetisation. (Photo: AP/File)

Retail inflation rises to 7.35 per cent, highest in 5 yrs

Surge in food/vegetable prices triggers fresh growth concerns.

14 Jan 2020 3:05 AM IST

The Union government, or for that matter, the ministry of finance should not interfere in the functioning and decision-making powers of the RBI. (Photo: AFP)

RBI buys net USD 6.93 billion in currency market in November: report

The RBI bought USD 7.46 billion and sold USD 530 million in the market in November.

13 Jan 2020 12:30 PM IST

The Union government, or for that matter, the ministry of finance should not interfere in the functioning and decision-making powers of the RBI. (Photo: AFP)

Indian government to seek RBI dividend boost as revenue drops

Reserve Bank of India approved a 1.76 trillion rupees (USD 24.8 billion) dividend payment to the federal government

11 Jan 2020 10:57 AM IST

The RBI minutes from October policy review underscored the monetary policy committee members unanimous decision to keep rates lower.

RBI announces auction of 63-day Govt of India Cash Management Bill

Cash Management Bills are short term bills issued by the central government to meet its immediate cash needs.

10 Jan 2020 1:09 PM IST

Investors added risk in November as their portfolios are no longer explicitly geared to assets that outperform in a low growth & low inflation backdrop, the survey said.

Inflation probably breached RBI target in December: report

India's annual consumer inflation rose to 6.20 per cent in December from November's 5.54 per cent.

9 Jan 2020 1:00 PM IST

India has the potential to innovate on the lines of Silicon Valley but it needs to do more for expanding the innovation ecosystem as it aspires to become a middle income country, World Bank India head Junaid Kamal Ahmad said today.

World Bank trims 2020 growth forecast amid slow recovery for trade,...

The World Bank shaved 0.2 percentage point off of growth for both years.

9 Jan 2020 9:53 AM IST

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

GDP growth seen slipping to 11-yr low of 5 pc this fiscal: Govt data

RBI had also lowered its forecast for the economic growth to 5 per cent while announcing its bi-monthly monetary policy...

8 Jan 2020 9:53 AM IST

The first advance estimate of FY20 gross value added (GVA) growth is estimated at 4.9 per cent against 6.6 per cent in 2018-19. The manufacturing sector is expected to grow at 2 per cent in 2019-20 compared to 6.9 per cent in the previous year.

Govt pegs GDP growth at 5 per cent for current fiscal

GDP growth stood at 4.8 per cent for the first half of the current fiscal year.

8 Jan 2020 1:23 AM IST

Overall, the growth in the total infrastructure credit in FY20 is likely to remain lower than last year, he said.

Credit flow to Infra sector remains muted at Rs 21.2 lakh cr in...

The infrastructure credit had witnessed a 19 per cent growth in FY19 to Rs 21.1 lakh crore.

7 Jan 2020 9:34 AM IST

Railway Minister Piyush Goyal.

Use of AI in different forms can help achieve USD 5 trn economy...

The minister added that AI can also help expand in a more cost- effective and outcome-oriented manner.

6 Jan 2020 3:03 PM IST