Besides cutting interest rates by 25 bps, the RBI also revised its GDP growth forecast for fiscal 2025-26 (FY26) upward to 7.3 per cent from the current estimate of 6.8 per cent
RBI Deputy Governor Poonam Gupta said MPC inflation and growth forecasts show no directional bias and outlined the central bank's multi-model forecasting approach
The central bank's inflation miss in the first three months of the year was 0.7 percentage points - the biggest gap in almost six years, and well above economists' projections
India's formal adoption of inflation targeting in 2016 marked a fundamental shift in the way monetary policy was conducted
The decision at the December MPC meeting will depend on a range of factors, and the incoming data until then will be crucial in shaping the consensus view
To judge how well FIT has worked, we must first ask how inflation was lowered
On balance, the proposed regulatory intervention will improve the ease of doing business for banks without losing sight of banking and financial stability
RBI surveys indicate consumer confidence improved in September 2025 in both urban and rural areas, with inflation expectations softening and manufacturers retaining optimism
The RBI performs multifarious functions, some of which are, in fact, conflicting. It isn't easy to spell out the KPIs (key performance indicators) to judge its performance objectively
In FY25, revenue grew an estimated 11 per cent in rupee terms to ₹4.4 trillion, supported by increased offshore workloads from cost-conscious global clients
Separately, Bank of Baroda in a report said the impact of GST reforms will be minimal as it accounts for Rs 48,000 crore or only around 0.1-0.2 per cent of the GDP
After scaling record highs last week, gold prices may face some short-term profit booking, with the precious metal's future direction dependent on upcoming global economic indicators like US and domestic inflation data, and the European Central Bank's policy meeting, according to analysts. Bullion traders will also closely monitor macroeconomic data, including the US Producer Price Index and speech of the European Central Bank's (ECB) President Christine Lagarde, they added. "Going into the week ahead, the focus will be on the inflation numbers from China, the US, Germany and India, along with American consumer sentiment data. Adding to that would be the European Central Bank's policy meeting on Thursday, as well as Chinese inflation data, which will be closely watched," Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services, said. On the Multi Commodity Exchange (MCX), the October contract of gold surged Rs 1,131 or 1.06 per cent to touch a ...
The RBI has sought views on four key inflation-targeting issues. Maintaining the status quo is recommended, with the focus on creating conditions to consistently achieve the existing 4% target
Continuing with the FIT framework will ensure policy certainty in these uncertain times
The FTSE 100 barely reacted, trading 0.2 per cent lower on the day, roughly where it had been prior to the BoE decision, while two-year gilt yields fell to session lows at 3.886 per cent
Equity investors would track global market trends, inflation data and trading activity of foreign investors for further cues this week, analysts said. Moreover, progress of monsoon and developments related to trade talks would also be monitored by investors, experts noted. "Going forward, market participants will focus on key macroeconomic data for further cues. High-frequency indicators such as CPI inflation will be closely tracked to gauge demand trends and the central bank's next steps. Additionally, the progress of monsoon and sowing patterns will be monitored due to their implications for rural consumption," Ajit Mishra -- SVP, Research, Religare Broking Ltd -- said. On the global front, developments in trade negotiations and movements in US bond yields will continue to influence investor sentiment, he added. Benchmark indices Sensex and Nifty surged on Friday, driven by a rally in rate-sensitive sectors following the Reserve Bank's jumbo rate cut of 50 basis points. The 30-s
RBI Monetary Policy Committee maintained its GDP growth forecast for FY26 at 6.5%, lowered inflation forecast to 3.7%
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
We expect the GDP growth to print at 6.2 per cent in FY26, marginally below the 6.3 per cent projected by us for FY25, said Aditi Nayar of Icra
The fuel and power index increased by 2.12 per cent to 153.8 (provisional) in February from 150.6 (provisional) for the month of January