"I think the economy is on the right track in terms of meeting the objective of the program, getting inflation under control and addressing macroeconomic challenges given the difficult global environment," IMF Director for the Asia and Pacific Department (APD) Krishna Srinivasan said on Frid
The overall macroeconomic environment in India is "pretty sound", it is fiscally disciplined and the central bank moved fast to bring inflation under control, said the International Monetary Fund (IMF).
The Sensex observed a significant downfall, losing 302.47 points at the opening, with the index starting the day at 66,100.58. Simultaneously, the Nifty also took a dip of 72.90 points, opening at 19,718.90.
As expected, the monetary policy committee of the Reserve Bank of India (RBI) in its October review meeting decided to keep the policy repo rate unchanged at 6.5 per cent, maintaining status quo for the fourth straight occasion. The repo rate is the rate of interest at which the RBI lends to
Soon after the Reserve Bank of India (RBI) in its latest monetary policy review meeting flagged concerns about high inflation as the headline inflation numbers are above the central bank's upper tolerance limit of 6 per cent, Congress has said it "masks the true hardships" faced by people, p
The monetary policy committee of the Reserve Bank of India (RBI) in its October review meeting kept overall 2023-24 growth and inflation unchanged from their earlier estimates, even as the central bank flagged concerns about high inflation.
The monetary policy committee of the Reserve Bank of India (RBI) in its October review meeting unanimously decided to keep the policy repo rate unchanged at 6.5 per cent, thus maintaining status quo for the fourth straight occasions.
"This government has failed on every front. Whether it is on providing employment to the youths or on inflation. Inflation is so high that the poor are being forced to drink poison. Everywhere there is instability. At this time ED has become the right hand of the BJP," Mehbooba Mufti said.
"Prime Minister Modi Ji has always prioritised the poor families of the country. Despite increased inflation due to the global scenario, the Modi-led central government is providing relief to poor families at every step. Today again, Modi ji has decided to increase the LPG subsidy from Rs 20
The demonstration was organized by the Jammu Kashmir National Independence Alliance (JKNIA) and to raise voice against the crackdown by Pakistani security forces on protesters raising issues of high electricity bills and inflation.
The three-day bi-monthly monetary policy committee (MPC) meeting of the RBI started on Wednesday with financial market participants set to closely monitor the outcome and the policy stance of the central bank