Drop in bond yields reflects hope of smaller hikes
Ahead of the RBI MPC's statement today, while market participants are certain about a rate hike, there are also growing calls for a shift in the central bank's stance. Read more in our top headlines
In the last policy announcement on June 8, the Reserve Bank of India (RBI) announced a repo rate hike of 50 basis points to take the rate from 4.4 per cent to 4.90 per cent
Expects rupee to trade in the range of 78-80 per US dollar in the near term because of still relatively weak BoP fundamentals
Headed by RBI Governor Shaktikanta Das, the Monetary Policy Committee (MPC) is scheduled to announce its decision on August 5.
The UK economy is already in recession as the cost of living crisis has devastating consequences for household incomes, a leading think tank has concluded
Zomato is on an internal rebranding exercise by moving to a multiple chief executive structure for its businesses that will be housed under a larger organisation called Eternal
The revised rates for new borrowers range between 7.80 per cent and 8.30 per cent, depending on credit and loan amount
RBI has to cover more ground
The Reserve Bank of India's MPC is likely to announce a repo rate hike of 35-50 basis points in its policy statement on August 5, a Business Standard poll showed
With front-loaded rate hikes by the US Fed, the US dollar will remain relatively strong in the immediate term
The finance minister also foresees monsoon being favourable for agriculture. Production is expected to be good and rural demand is seen remaining intact
Citigroup Inc. economists expect a 35 basis-point increase in borrowing costs at the Reserve Bank of India's next Monetary Policy Committee meeting in August, a move also predicted by Barclays Plc
What's the impact of talent crunch on services sector? Can startups manoeuvre the funding slowdown? What's worrying about cabin crew woes of IndiGo, SpiceJet? What is the MPC of RBI? All answers here
Last month, the Monetary Policy Committee of the RBI increased the repo rate by 50 basis points to 4.90% to contain rising inflation. Who are its members and what are the processes? Let's find out
Either inflation has to come down on its own or we will have to raise the rate, or it will be a combination of the two, says MPC member Varma
The conduct of monetary policy is not based on simplistic binaries, particularly during times of extraordinary uncertainty
There are two insurmountable hurdles in the path of RBI's independence on monetary policy. These hurdles make committees redundant
Says monetary policy decisions by central banks around the world aimed at their own constituencies. But since inflation is the biggest policy issue right now, it seemed coordinated
The RBI, however, cannot use the growth argument to justify inflation