RBI to cut rates next month and once more by year-end: Report

Last Updated: Friday, April 24, 2015, 14:22

The RBI is likely to cut interest rates again next month, with analysts polled by Reuters forecasting a strong probability that will act ahead of scheduled policy meetings, as it has done so far this year.

Gold imports spike nearly 94% to USD 4.98 billion in March

Last Updated: Friday, April 17, 2015, 21:13

Gold imports surged by 93.86 percent year-on-year to USD 4.98 billion in March due to declining prices and easing of restrictions by the RBI.

FM wants interest rates lot lower; no difference with RBI

Last Updated: Tuesday, April 14, 2015, 21:26

Despite two interest rate cuts this year by the Reserve Bank, Finance Minister Arun Jaitley on Tuesday said he wants interest rate to be "a lot lower".

Credit growth slows to 9.4% in February

Last Updated: Tuesday, March 31, 2015, 20:45

The Reserve Bank on Tuesday said slowdown in loan pick-up by corporates continued to compress credit growth, with non-food lending expansion falling below the double-digit mark to 9.4 percent in February.

As inflation dips, RBI must continue slashing rates: India Inc

Last Updated: Monday, March 16, 2015, 16:34

With inflation dipping to (-)2.06 percent in February, India Inc on Monday said RBI must continue slashing policy rates to revive demand in the economy.

Forex kitty high, but may not cushion extreme volatility: RBI

Last Updated: Tuesday, February 10, 2015, 12:30

RBI Deputy Governor H R Khan on Tuesday said though the country's forex kitty was at an all time high of USD 330 billion, there should be no complacency as no amount of reserves may be enough to fight extreme volatility.

CAD in 2014-15 estimated at 1.3%: RBI

Last Updated: Tuesday, February 3, 2015, 14:25

Current account deficit is estimated to come down to 1.3 percent of GDP in the fiscal ending March, helped by moderation in petroleum and gold imports, the Reserve Bank said Tuesday.

India's forex reserves down $97.9 million to $322 billion

Last Updated: Friday, January 30, 2015, 22:59

Special drawing rights decreased by USD 61.4 million to USD 4.047 billion.

RBI urges companies to hedge FX exposure

Last Updated: Friday, January 30, 2015, 15:11

The RBI is making extra efforts to spur the country`s corporates to more actively hedge their foreign exchange exposure, in order to fortify the country`s defences against any risk of currency turmoil.

RBI may ease rates further: Chief Economic Advisor

Last Updated: Monday, January 26, 2015, 14:02

Lauding RBI's role in helping bring down inflation, Chief Economic Advisor Arvind Subramanian said the central bank may further ease the interest rates as improvement on price front has opened the space for monetary easing.

FDI led by equities jumps 22.6% in FY14 to Rs 15 trillion: RBI

Last Updated: Friday, January 16, 2015, 23:10

Foreign direct investment into the country jumped 22.65 percent to Rs 15,08,960 crore as of end March 2014, up from Rs 12,30,250 crore as of 2012-13, with equities dominating the pie with share of 93.9 percent.

'IIP growth incipient sign of revival, hope for firm recovery'

Last Updated: Monday, January 12, 2015, 20:58

With factory output in November 2014 growing at the fastest pace in 5 months, India Inc on Monday said the turnaround needs to be made consistent for a longer period and reiterated its call for a rate cut even as December retail inflation was below the RBI's 6 percent target.