Economy News

RBI May Cut Key Repo Rate Thrice By April 2016, Says Bank of America

Although the RBI kept policy rates unchanged at this week's monetary policy review meeting, the bank is expected to cut repo rate thrice by April 2016, says the bank.

Apr 10, 2015

Moody's Raises India's Outlook to Positive

There is a high probability that actions by policy makers will enhance the country's economic strength, Moody's said.

Apr 9, 2015

Make in India, Defence to Dominate Modi's 3-Nation Tour of France, Germany and Canada

Prime Minister Narendra Modi embarks on on a three-nation tour of France, Germany and Canada that will focus on boosting trade and economic ties.

Apr 9, 2015

Money Talks: Pension reforms - freedom, stealth tax or a scandal-in-waiting?

Radical changes in pension rules combined with lack of understanding could open the floodgates for mis-selling of new products.

Apr 8, 2015

How Analysts React to RBI's Decision to Keep Key Policy Rates Unchanged

The RBI left the repo rate unchanged at 7.5%, the Cash Reserve Ratio (CRR) at 4% and Statutory Liquidity Ratio (SLR) at 21.5%.

Apr 7, 2015

RBI Keeps Repo Rate, CRR Unchanged

The central bank lowered its January 2016 inflation forecast to 5.8 percent from 6 percent earlier.

Apr 7, 2015

RBI Likely to Keep Rate Cut on Hold due to Current Inflation Figures

This year, RBI has already cut the repo rate twice, by 25 basis points each time, in a bid to bolster economic growth.

Apr 7, 2015

Food Prices Likely to Go Up Due to Unseasonal Rains

The good news is that it is likely to be temporary in nature, according to financial services firm Nomura.

Apr 6, 2015

What Analysts Expect from RBI's Tuesday Meeting

Markets eagerly wait for this year's first policy meeting of the Reserve Bank of India (RBI), scheduled for 7 April.

Apr 6, 2015

Weak US Jobs Data Erases Hopes of Mid-Year Rate Hike by Fed

The US economy shows further signs of slowdown following a year of robust growth, casting doubts over the expected start of monetary policy normalisation by the Federal Reserve.

Apr 4, 2015

Salary Hikes to Disappoint Employees This Appraisal Season

Achche din (good days) are still far away, at least for those employed in certain sectors.

Apr 4, 2015

PM Modi Wants RBI to Use Indian Paper, Ink to Print Currency Notes

He brought out a strange irony: Mahatma Gandhi fought for swadeshi, but his photo appears on currency printed on imported paper.

Apr 2, 2015

India Slips to 119 on Global Business Resilience Index

The country was ranked at 112 in 2014. Norway retains its top position, while Venezuela is at the bottom at 130.

Apr 2, 2015

Falling Crude Oil Prices Pose Challenge to Nigeria's New President Muhammadu Buhari

Crude oil accounts for 95 percent of the country's total exports, 80 percent of revenues and 14 percent of gross domestic product (GDP).

Apr 1, 2015

Money Talks: Shop till you drop with Debenhams and SuperDry

A combination of rising employment, rising wages and lower petrol prices are driving greater consumer activity.

Mar 31, 2015