A significant drag comes from the private banking sector, which is expected to report its second consecutive quarter of declining earnings since March 2020
While price stability remains the central bank's primary objective, growth is also a key consideration
The ongoing geopolitical tensions are unlikely to put a "significant pressure" on the rupee or inflation as global energy prices are lower than last year, which will limit current account outflows and domestic energy price pressures, S&P Global Ratings said on Tuesday. S&P Global Ratings Economist Vishrut Rana said a key mitigating factor of India is that energy prices are still lower than last year --? Brent crude oil traded at roughly USD 85/barrel a year ago and current prices are still lower. "This will help contain both current account outflows and domestic energy price pressures -- while energy prices may rise moderately, the path of food prices will have a higher impact on inflation. Overall, we do not expect significant pressure on the Indian rupee or inflation," Rana told PTI. Rates of the benchmark Brent crude fell to around USD 69 a barrel after US President Donald Trump announced that Israel and Iran have agreed to a "complete and total ceasefire". Israel and Iran .
The latest monetary policy has also gone for a 50-basis-point rate cut, double the anticipated reduction
WPI inflation eased to 0.39 per cent in May, a 14-month low, as prices of food, fuel, and primary articles cooled; core inflation also declined
Cereal prices rose by 4.77% in May 2025, a slight moderation from April's 5.35% rise. Prices of pulses dropped 8.22%, following a 5.23% decline in April
RBI which targets inflation in the middle of its 2-6 per cent range in the medium term, also shifted its policy stance to 'neutral' from 'accommodative'
The policy, according to U R Bhat, co-founder & director, Alphaniti Fintech shows the RBI's confidence in inflation and other macro variables
With inflation expected to rise back to above 4 per cent by Q4-FY26, the Monetary Policy Committee has capitalised upon the available headroom to frontload rate action
India’s inflation numbers are finally giving our wallets a breather—and there’s more good news possibly on the way. Are there more RBI rate cuts on the way? Watch the video to find out.
The domestic currency began the session 24 paise lower at 85.52 after closing at 85.28 against the greenback on Wednesday
Food price rises had steadily moderated over the previous four months but likely bottomed in March as the country's farm industry experienced uneven rainfall and heat waves
Inflation outlook for India improves on sharp decline in food prices and record wheat and pulse production
The Reserve Bank is likely to cut key interest rates again by up to 25 basis points this week, as lower inflation provides support for an accommodative monetary policy stance, and there is a pressing need to stimulate growth at a time when the reciprocal tariffs announced by the US is posing a challenge to the global economy. In February, the RBI's Monetary Policy Committee, headed by Governor Sanjay Malhotra, slashed the repo rate by 25 basis points to 6.25 per cent. It was the first reduction since May 2020 and the first revision after two-and-a-half years. The 54th meeting of the MPC, the rate-setting panel, is scheduled to start deliberations on April 7, and the decision will be announced on April 9. The Reserve Bank of India (RBI) has kept the repo rate (short-term lending rate) unchanged at 6.5 per cent since February 2023. The last time the RBI reduced the rate was during the Covid times (May 2020), and thereafter, it was gradually raised to 6.5 per cent. Bank of Baroda Chie
The HSBC final India Services Purchasing Managers' Index, compiled by S&P Global, fell to 58.5 last month from 59.0 in February, but was higher than a preliminary estimate
Central bank's role has expanded significantly beyond initial mandate, he says
The decision to adjust the salaries of MPs every five years, based on the cost inflation index, was taken for the first time in 2018. In that same year, their salaries doubled from ₹50,000 to ₹1 lakh
OIS rates, the closest gauge of interest rate expectations, have eased by 10-15 basis points so far in March
Swiss investment bank UBS believes an accommodative monetary policy could help India sustain growth amid rising global uncertainties and trade disputes
A sharp decline in inflation will also be welcomed by the Reserve Bank of India, which cut the repo rate by 25 basis points to 6.25 per cent late last week