Category: Economy

On a day the rupee breached the 74-mark against the US dollar for the first time, RBI Governor Urjit Patel said Friday that the domestic

In a surprise decision, the Reserve Bank of India’s rate setting Monetary Policy Committee (MPC) voted to keep the benchmark policy rate on hold on

The Reserve Bank of India (RBI) is expected to raise rates for a third time since June on Friday to combat inflationary pressures as it

The MPC’s decision is pragmatic, but the RBI’s sanguinity on external risks is worrying Roiled by a perfect storm of events lately — firming oil,

The new IL&FS board must focus on containing systemic risks, and not on a rescue package Desperate times call for desperate measures. Therefore, the Centre’s

The Monetary Policy Committee of the RBI needs to be congratulated for taking a timely and appropriate decision to keep rates unchanged, something that surprised

The monetary policy panel needs to address growing economic turbulence India’s monetary policymakers are faced with the task of restoring confidence in the economy and

The Reserve Bank of India’s decision to leave the repo rate unchanged was seen as a surprise move by bankers who believe that it will

While the RBI unexpectedly handed the markets a sweet deal by holding rates, equity, bond and currency markets remained surprisingly displeased. The RBI’s narrow focus

Highlights The governor said the mandate of RBI monetary policy was to target inflation while its forex operation only sought to eliminate volatility The depreciation

Except for the US, most economies of the world are in crisis mode. Policy makers will be judged by how they respond to essentially, for

The Reserve Bank of India pulled a surprise on the markets on Friday by keeping its benchmark interest rate unchanged at 6.5%. The decision to stand