As the Reserve Bank of India's Monetary Policy Committee keeps the policy rates unchanged on Wednesday, Economists have largely welcomed the decision to hold the policy repo rate steady, viewing it as a balanced approach.
The Reserve Bank of India (RBI) has revised its Consumer Price Index (CPI) inflation projection for the financial year 2025-26 downward to 3.1% for the financial year 2026 (FY26), a significant reduction from the 3.7 per cent forecast made in June.
The Reserve Bank of India (RBI) is expected to revise its inflation target downward for the financial year 2025-26 in the upcoming August MPC (Monetary Policy Committee) meeting, according to a recent report by CareEdge Ratings.
Rising food prices across Pakistan's Punjab province have sparked widespread public frustration, with consumers consistently forced to pay well above the officially fixed rates for everyday essentials, The Express Tribune reported.
The RBI has already frontloaded the rate cuts, anticipating the moderation in inflation, and it is unlikely the central bank would go for further rate cuts unless economic growth concerns aggravate, CareEdge said in a pre-monetary policy review meeting.
Pakistan's inflation surged to 4.1 per cent in July, driven primarily by rising costs of non-perishable food items and the Pakistani government-administered increases in energy tariffs, The Express Tribune reported. While still within the country's Finance Ministry's projected range of 3.5 p
The Reserve Bank of India (RBI) is expected to announce a 25 basis points (bps) repo rate cut in the upcoming Monetary Policy Committee (MPC) meeting scheduled from August 5 to 7, according to a report by the State Bank of India (SBI).
The new tariffs imposed by the United States are expected to significantly impact American households, with average bills likely to rise by around USD 2,400 in the short term due to inflation driven by these tariffs, according to a research report by the State Bank of India (SBI).
The likelihood of a 25 basis points rate cut by the US Federal Reserve in September has increased, but the final decision will depend on upcoming economic data, according to a recent report by ICICI Bank.
Indians will need to save an estimated ₹3.5 crore (approximately USD 401,000) to ensure a comfortable and secure retirement, according to a report by HSBC.
This demand was made by HRCP leaders and other speakers during an event that took place on Monday, which included a screening of a documentary titled 'The right to a living wage'.
India Ratings and Research (Ind-Ra) has slashed India's GDP projections for 2025-26 to 6.3 per cent, a 30 basis points lower than its earlier forecast of 6.6 per cent in December 2024.