Will announce at least one set of bank license by August end, says Raghuram Rajan

Last Updated: Tuesday, June 2, 2015, 11:19

Reserve Bank Governor Raghuram Rajan on Tuesday said that the central bank will soon bring a set of bank license by August this year.

RBI cuts interest rates by 0.25%; EMIs on home, auto loans to come down

Last Updated: Tuesday, June 2, 2015, 08:24

Rajan, who had focused on quelling inflation since taking office in September 2013, lowered the benchmark repo rate to 7.25 percent from 7.50 percent.

RBI likely to cut rates for third time this year as inflation eases

Last Updated: Monday, June 1, 2015, 13:24

India is the fastest-growing major economy in the world, outstripping China, but economists say the data is not consistent with other indicators showing slack in Asia`s third largest economy.

CEA pitches for rate cut by RBI, competitive rupee

Last Updated: Tuesday, May 26, 2015, 18:32

Citing low inflation and under control fiscal deficit, Chief Economic Advisor Arvind Subramanian on Tuesday pitched for a rate cut by the Reserve Bank at its monetary policy review meeting next week.

March CPI likely edged up for fourth month

Last Updated: Monday, April 13, 2015, 09:38

While inflation has steadily accelerated from a record low of 4.38 percent struck in November it remains below the 6.0 percent upper end of the central bank`s target range.

Economy to grow 6.5% in 2016 on better macro conditions: Report

Last Updated: Tuesday, March 10, 2015, 15:32

The Indian economy is likely to grow around 6.5 per cent in 2016 as macroeconomic conditions seem to be improving on the back of lower crude prices and easing inflation, says a McKinsey & Company report.

Inflation targeting 'credit positive' for India: Moody's

Last Updated: Thursday, March 5, 2015, 10:49

In a major boost to India's sovereign outlook, Moody's on Thursday said the new 'inflation targeting' mechanism is a "credit positive" move and it would make RBI's monetary policy tools much more effective.

CSO briefs RBI governor on new GDP calculation method

Last Updated: Wednesday, February 18, 2015, 15:50

The Ministry of Statistics & Programme Implementation (MOSPI) has briefed the RBI Governor Raghuram Rajan about the new method which the government has started for calculating economic growth and inflation figures.

India's wholesale inflation declines to a 66 month low

Last Updated: Monday, February 16, 2015, 18:17

Inflation dropped to a five and a half year low of - 0.39 per cent in January due to falling oil prices.

India's wholesale inflation declines

Last Updated: Monday, February 16, 2015, 18:02

Manufactured products` inflation rose to 1.05 percent in the month under review from a rise of 2.96 percent in January, 2014

Inflation dips into negative at -0.39% in January

Last Updated: Monday, February 16, 2015, 12:14

Inflation data based on wholesale price index (WPI) in January stood at -0.39 percent as against 0.11 percent last month, government data showed on Monday.