• 

  Sanjay Malhotra to assume office as 26th RBI Governor amid inflation concerns today

  Business | December 11, 2024 7:06 IST

  IAS officer Sanjay Malhotra has been appointed as the 26th RBI Governor, succeeding Shaktikanta Das. With inflation at 6.2 per cent and GDP growth slowing, Malhotra faces critical decisions on India’s monetary policy.

• 

  Shaktikanta Das: Six major policy decisions in six years as RBI Governor

  Business | December 10, 2024 14:52 IST

  Shaktikanta Das, the outgoing RBI Governor, made six pivotal policy decisions during his tenure, from navigating the COVID-19 crisis to introducing India’s Digital Rupee. Know about his lasting impact on India’s economic landscape.

• 

  Sensex opens in red, Nifty holds above 24,650 amid global economic data focus

  Business | December 09, 2024 13:41 IST

  BSE Sensex opened over 100 points down, while Nifty50 traded above 24,650 on Monday. Global economic data, including GDP figures from major economies and CPI data from India, will shape market sentiment this week.

• 

  RBI cuts growth forecast to 6.6 per cent, revises inflation estimate to 4.8 per cent for FY25

  Business | December 06, 2024 14:13 IST

  Terming the growth much lower-than-anticipated, RBI Governor Shaktikanta Das exuded confidence that high-frequency indicators available so far suggest that the slowdown in domestic economic activity bottomed out in Q2:2024-25.

• 

  Nirmala Sitharaman responds to X user who seeks relief for middle-class | Check her reply

  Trending | November 17, 2024 16:01 IST

  Finance Minister Nirmala Sitharaman's reaction to a social media user who sought relief from inflation created a buzz on X. People are divided on her statement on X.

• 

  Wholesale inflation rises to 2.36 pc in October mirroring retail figures, food costs up 11.59 pc

  Business | November 14, 2024 14:04 IST

  WPI inflation in October 2024 is primarily due to increase in prices of food articles, manufacture of food products, other manufacturing, manufacture of machinery and equipment, manufacture of motor vehicles, trailers and semi-trailers, the government said.

• 

  Retail inflation hits 14-month high, rises to 6.21 per cent in October

  Business | November 12, 2024 17:11 IST

  India’s retail inflation surged to 6.21% in October, a 14-month high driven by rising food and fuel prices, while industrial output expanded by 3.1% in September.

• 

  How prices of veg, non-veg thalis affected during festival in October | Check report

  Business | November 07, 2024 16:18 IST

  According to a report by rating agency CRISIL, during the festival season (October) the kitchen felt the pinch of inflation as tomatoes, potatoes and onions saw price hikes.

• 

  September inflation hits 9-month high: Will it delay RBI's rate cut plans?

  Business | October 15, 2024 13:48 IST

  India’s retail inflation surged to 5.49% in September 2024, driven by food prices, casting doubt on the RBI’s December rate cut plans.

• 

  India's retail inflation rises to 5.49 per cent in September driven by surge in food prices

  Business | October 14, 2024 18:52 IST

  As inflation rates fluctuate, analysts are likely to closely monitor future trends and the potential need for adjustments in monetary policy by the Reserve Bank of India.

• 

  India's wholesale inflation rises to 1.84% in September due to increase in food price, manufacturing

  Business | October 14, 2024 13:25 IST

  Wholesale inflation: As per the government data, inflation in food items shot up to 11.53 per cent last month against 3.11 per cent in August. This was led by 48.73 per cent inflation in vegetables as against (-)10.01 per cent in August.

Advertisement
• 

  RBI keeps repo rate unchanged at 6.5 per cent for 10th consecutive time

  Business | October 09, 2024 10:39 IST

  The Reserve Bank of India (RBI) has kept the benchmark repo rate unchanged at 6.5% for the 10th consecutive time, maintaining its focus on inflation control while balancing economic growth.

• 

  Bank of England holds interest rate at 5 per cent despite US Fed rate cut | Future UK rate outlook

  Business | September 19, 2024 18:20 IST

  The Bank of England has maintained its interest rate at 5%, contrasting with the US Federal Reserve’s rate cut to 4.8%. Inflation concerns in the UK, particularly in the services sector, have driven this cautious approach.

• 

  US Fed cuts interest rates by 50 basis points, first reduction since 2020

  Business | September 18, 2024 23:58 IST

  The rate cut ends a 14-month period where rates were held steady. This duration is longer than three of the last six Fed "hold" periods but falls short of the 15-month pause before the 2007-2009 financial crisis.

• 

  Retail inflation rises marginally to 3.65 per cent in August compared to July

  Business | September 12, 2024 18:13 IST

  notably, the retail inflation target set by the RBI is 4% with a tolerance band of +/- 2 percentage points, meaning that the target is within the range of 2% to 6%. As per the government data, industrial production grew 4.8 per cent in July against 6.2 per cent expansion a year ago.

• 

  India's wholesale inflation drops to 2.04 per cent in July

  Business | August 14, 2024 12:43 IST

  The reduction in wholesale inflation is attributed to a drop in prices of key commodities, including food and fuel. Lower input costs and decreased demand pressures have contributed to the cooling of inflationary trends.

• 

  Bangladesh's inflation reaches 12-year high to 11.66 per cent in July, GDP expected to decline

  Business | August 13, 2024 16:38 IST

  An interim government was formed in Bangladesh after the fall of the Hasina-led government, and its Chief Adviser, 84-year-old Nobel laureate Muhammad Yunus, announced the portfolios of his 16-member council of advisors last week.

• 

  Retail inflation declines to 3.54 per cent in July, lowest in nearly five years

  Business | August 12, 2024 18:32 IST

  India's retail inflation eased to 3.54 per cent in July, falling below the Reserve Bank of India's 4 per cent target for the first time in years.

• 

  Bangladesh unrest escalates: Protesters set jail on fire, free hundreds of inmates

  World | July 19, 2024 20:52 IST

  In a dramatic escalation of student protests in Bangladesh, demonstrators stormed a jail in Narsingdi, freeing hundreds of inmates and setting the facility on fire. A police officer confirmed the incident, and a resident witnessed prisoners fleeing with their belongings.

• 

  IMF upgrades India's GDP forecast to 7 per cent for 2024-25

  Business | July 16, 2024 19:52 IST

  The IMF has upgraded India's GDP growth forecast to 7% for the fiscal year 2024–25, citing anticipated improvements in rural consumption. Despite maintaining global growth projections at 3.2%, the IMF cautioned about risks including inflation and trade tensions, urging prudent monetary policies.