Union minister of state in the ministry of finance Pankaj Chaudhary on Monday informed Lok Sabha that the relevant section of the RBI Act, 1934, does not provide provisions to the Reserve Bank of India for making the report, which was written to the Centre after having failed to fulfil its i
Among the Nifty 50 stocks, Tech Mahindra, Hindalco, Wipro, Coal India, and Infosys were the top five losers, declining in the range of 1-2 per cent each, National Stock Exchange data showed.
New Delhi [India], October 12 (ANI): India's retail inflation surged to 7.41 per cent in September, remaining above the Reserve Bank of India's mandated range of 2-6 per cent for the third straight quarter that would force the central bank to explain to the government the reasons for not bei
New Delhi [India], September 12 (ANI): India's retail inflation rose to 7 per cent in August from 6.71 per cent in the previous month due to a sharp rise in food prices, as per the government data released on Monday.
Mumbai (Maharashtra) [India], August 30 (ANI): The Reserve Bank of India (RBI) on Tuesday announced the launch of the September 2022 round of inflation expectations survey of households.
New Delhi [India], August 12 (ANI): India's headline retail inflation fell to 6.71 per cent in July, the lowest level in five months, helped by an easing in food and oil prices, as per the National Statistical Office (NSO) data released on Friday.
Mumbai (Maharashtra) [India], August 5 (ANI): The Reserve Bank of India on Friday decided to keep inflation projection for the current financial year unchanged at 6.7 per cent and said that the retail inflation would remain above the upper tolerance level of 6 per cent through the first thre
New Delhi [India], July 12 (ANI): India's retail inflation eased marginally to 7.01 per cent in June from 7.04 per cent in the previous month helped by softening crude and edible oil prices, according to government data released on Tuesday.
Mumbai (Maharashtra) [India], June 22 (ANI): The Reserve Bank of India (RBI) Monetary Policy Committee decided to hike the policy repo rate by 50 basis points earlier this month in order to prevent inflation from corroding economic recovery, as per the minutes of the MPC meeting released on