Search For "6 per cent"
Retail inflation remains above RBI's target; here's what experts have to s
Updated : 3 years, 2 months ago IST
Retail inflation in India fell marginally but remained above RBI's 6 per cent upper tolerance band for the second straight month in February, with the Consumer Price Index pegged at 6.44 per cent, government data showed.
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India's FY24 GDP growth is likely to be higher than threshold 6 per cent:
Updated : 3 years, 3 months ago IST
A SBI Research report said India's FY24 GDP growth is likely to be higher than the threshold 6 per cent. The report, titled Ecowrap, added though some reports indicated that there may not be a one-to-one correspondence between El Nino and Indian droughts, the recent fears seem misplaced.
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Rs 10L-cr capex will usher in new markets, opportunities: Scindia
Updated : 3 years, 3 months ago IST
In his address at the inaugural session of the two-day 4th Edition of the Global Zinc Summit in New Delhi, Scindia said, "Today, India is one of the fourth largest producers in the world, producing almost 6 per cent of the world's capacity. Zinc is an excellent corrosion-resistant material."
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Proactive measures by government brought inflation within RBI's tolerance
Updated : 3 years, 4 months ago IST
India's retail inflation was above RBI's 6 per cent target for three consecutive quarters, and had only managed to fall back to the RBI's comfort zone in November 2022.
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What experts have to say about further easing retail inflation
Updated : 3 years, 4 months ago IST
India's retail inflation rate based on Consumer Price Index was 5.88 per cent in November from 6.77 per cent during October. Retail inflation in India had remained above 6 per cent till October for over three quarters, which was beyond RBI's comfort zone.
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India's retail inflation eases to 5.72 pc in December
Updated : 3 years, 4 months ago IST
Retail inflation in India was above 6 per cent till October, which was beyond RBI's comfort zone.
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Adjusted for inflation, policy rate still remains accommodative, says RBI
Updated : 3 years, 5 months ago IST
According to the statement of the Governor of the Reserve Bank of India (RBI), Shaktikanta Das, said consequently, the standing deposit facility (SDF) rate stands adjusted to 6 per cent, and the marginal standing facility (MSF) rate and the bank rate to 6.50 per cent.
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Bank of Baroda expects 25-35 basis points rate hike from Dec 5-7 RBI polic
Updated : 3 years, 5 months ago IST
The Reserve Bank of India's three-day monetary policy committee meeting commences today. Financial markets will be keenly watching the committee's stance as consumer inflation is still above the 6 per cent target band.
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RBI's 3-day monetary policy meet to start today; all eyes on rate hike sta
Updated : 3 years, 5 months ago IST
The Reserve Bank of India's three-day monetary policy committee meeting is set to commence today. Financial markets will be keenly watching the committee's rate hike stance if any, as inflation is still above the 6 per cent target band.
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South Korean exports expected to continue to decrease in fourth quarter
Updated : 3 years, 6 months ago IST
Although the South Korean economy continued to grow for nine consecutive quarters since March 2020 (2.3 per cent), the growth rate has decreased to a half of the second quarter (0.7 per cent). In particular, trade balance has significantly decreased. Exports increased 1.1 per cent due to dec
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SBI shares surge nearly 4% to record high of Rs 622 apiece
Updated : 3 years, 6 months ago IST
The lender posted a surge of 74 per cent in its net profit to Rs 13,264 crore for the quarter ended September, against Rs 7,627 crore in the year-ago period, on the back of robust loan sales, higher interest income and lower provisions. In five days, the stocks of the lender have managed to
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Vedanta shares rally 14 pc in 5 days; 6.5 pc in a day
Updated : 3 years, 6 months ago IST
On the back of high volumes and good corporate earnings, mining company had rallied nearly 14 per cent in five days.
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