Page 38 - India Economy

Policy normalisation is back with RBI making surprise rate hike

The rate hike was expected in June, but clearly the central bank sees inflation path as being quite ominous to trigger such an action.

RBI's surprise rate hike signals pivot to inflation management completed

The MPC has focused on preventing inflationary expectations from un-anchoring in an increasingly uncertain environment.

Core sector picks up sequentially; registers double digit growth in March

A coal shortage could aggravate power cuts in many states, leading to economic growth losing momentum.

European Union, India to set up trade, technology council: EU chief Ursula

Both sides agreed that rapid changes in the geopolitical environment highlight the need for joint in-depth strategic engagement

The biter bit: The sanctions on Russia are beginning to hurt buyers now

All things considered, might it have been better and cheaper, shed less blood, and avoided a huge refugee problem if Russia had been allowed a buffer zone in Eastern Europe, wonders T N Ninan

MPC meeting minutes show controlling inflation now RBI's priority

The central bank earlier this month started to move away from its ultra-loose monetary policy.

India's macroeconomic challenges deepen

The deteriorating world outlook has added to the complexity of macroeconomic policy-making

India growth forecast cut to 8% for FY23, says World Bank

Sluggish recovery in consumption demand, uncertainties of Ukrainian war cited

India's retail inflation rises to 6.95% in March; IIP remains muted

Food and oil prices push inflation to 17-month high

RBI monetary policy signals change in stance for June 2022

Next RBI monetary policy stance likely to be followed by shallow rate hike cycle, with the repo rate being increased by 25 bps each in August and September 2022.

RBI revises inflation and growth forecasts; holds policy rates

In its first monetary policy announcement of 2022-23, the RBI projected inflation to be at 5.7 per cent this financial year. Real GDP growth for the year estimated at 7.2 per cent

Looking back at GST implementation: What the future holds?

The system is stabilising and efforts for simplification and strict compliance are seen in collections.

LIVE: JEE-Mains rescheduled to June and July, NEET to be held on July 17

JEE (Main) dates rescheduled to enable students across the country to prepare well for the exams, says National Testing Agency

LIVE: Russia has withdrawn two-third of forces near Kyiv, says US official

The official, speaking on the condition of anonymity, said the forces would likely be redirected towards eastern Ukraine, but it was still not confirmed

Factory activity slowed in March, optimism at 2-year low: PMI survey

The Manufacturing Purchasing Managers' Index declined to 54.0 in March from 54.9 in February.

LIVE: 'Russia breaking promises on Mariupol humanitarian corridor'

The governor of Ukraine's eastern Donetsk region on Friday accused Russia of breaking its promises in terms of allowing humanitarian aid to reach the city of Mariupol

India will frame cryptocurrency law after global consensus: Report

India's central bank has openly voiced its opposition to private digital currencies.

RBI focused on growth, likely to keep rates unchanged on April 8: Analysts

Economists expect the RBI to raise its retail-inflation projection for the fiscal year starting on Friday by 50 to 80 basis points from 4.5%.

Rupee-rouble trade should be at a rate reflecting India's economic strength

If India and Russia can work out a mutually acceptable exchange rate, bilateral rupee-rouble trade will be beneficial to India.

Petrol, diesel prices hiked for fifth time in 6 days as Cong plans protests

Petrol and diesel in Delhi are selling at Rs 99.11 per litre and Rs 90.42 per litre Sunday morning after prices increased by 50 and 55 paise.