Fitch Ratings said a robust growth outlook continues to support India's credit profile.
04 Apr 2019 4:46 PM
RBI had proposed that interest rates on loans should be linked to external benchmarks like repo rate from April 1.
04 Apr 2019 3:39 PM
The decision has been taken with a view to improve the ease of undertaking forex transactions.
04 Apr 2019 3:02 PM
NK Singh said FRBM Committee 2017 has suggested to bring down debt GDP ratio of the country to 60 per cent by 2024-25.
04 Apr 2019 2:44 PM
Shaktikanta Das told reporters that the RBI goes with the official statistics prepared by the Central Statistics Office.
04 Apr 2019 2:00 PM
Higher financial flows to the commercial sector augur well for economic activity, says RBI.
04 Apr 2019 1:02 PM
Das said the RBI will continue to watch macroeconomic factors and will act timely on the same.
04 Apr 2019 12:42 PM
In its previous policy outcome in February, the RBI had projected retail inflation between 3.2-3.4 per cent for the first half of 2019-20.
04 Apr 2019 12:38 PM
The Monetary Policy Committee (MPC) also decided to maintain the neutral monetary policy stance.
04 Apr 2019 11:53 AM
Nikkei India Services Business Activity Index fell to 52 in March from 52.5 in Feb, indicating slowest growth since last September.
04 Apr 2019 11:32 AM
During 2017-18, the overseas shipments grew by about 10 per cent to USD 303 billion.
03 Apr 2019 4:27 PM
Forex dealers said foreign fund inflows in the debt and equity markets helped the rupee recover.
02 Apr 2019 6:49 PM
A back-to-back cut in interest rate would provide relief to borrowers in the election season, experts say.
02 Apr 2019 5:05 PM
The Nikkei India Manufacturing Purchasing Managers' Index (PMI) declined to 52.6 in March from 54.3 in February.
02 Apr 2019 11:36 AM
India’s growth outlook for the fiscal year ended in March was cut to 7.1 pc and 7.2 pc, respectively, from 7.3 pc.
02 Apr 2019 11:11 AM
The MPC will meet from April 2 to 4 for the first bi-monthly policy statement for 2019-20, the central bank said in a release on Monday.
02 Apr 2019 6:23 AM
Under TMA plan, government will reimburse a portion of freight charges and provide assistance for marketing agri produce.
01 Apr 2019 3:47 PM
For fiscal 2019-20, the GST collection target has been budgeted at Rs 13.71 lakh crore.
01 Apr 2019 2:49 PM
The resolution of the MPC will be placed on the website at 11.45 AM on April 4, 2019.
01 Apr 2019 2:27 PM
Puri said the demonetisation has brought more money into the financial system which will boost economy on long-term basis.
01 Apr 2019 2:26 PM