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3 mins read

RBI unlikely to cut interest rate in 2024, food inflation to be deciding factor, says SBI chief Setty

T​​​​he US Federal Reserve's first cut in interest rates in more than four years happened today, tr…

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2 mins read

RBI unlikely to cut interest rate in 2024: SBI chief Setty

"On the rate front, a lot of central banks are taking independent calls. While Fed rate cut wou…

PTI   


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3 mins read

RBI to focus on disinflation, food inflation sticky to core, note RBI's MPC minutes

The fiftieth meeting, conducted under Section 45ZB of the RBI Act, 1934, ended with the decision to…

ANI   


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2 mins read

Tyson's finance chief is out of the job. The Tyson heir got the gig at 32, making him the youngest Fortune 500 CFO.

John Randal Tyson, an heir of founder John W. Tyson, will not return to his executive role at Tyson…

Shubhangi Goel   


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2 mins read

High food prices raise concerns but improved monsoon offers hope for RBI: SBI report

Volatility in prices of food items like tomatoes, onions, and potatoes has challenged India's Monet…

ANI   


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3 mins read

Experts welcome moderation of inflation in July, by warns of continued inflationary pressure ahead

In July 2024, India saw its CPI inflation drop to 3.54%, the lowest in almost five years, mainly du…

ANI   


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4 mins read

Inflation spikes in June 2024 due to high food prices; Likely to affect RBI’s decision on interest rate

Indian retail inflation rises to 5.08% in June, driven by a spike in food prices. Food price inflat…

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2 mins read

WPI inflation surges to 16-month high of 3.36% in June on costlier vegetables

New Delhi's wholesale inflation surged to 3.36% in June 2024, led by rising food prices, especially…

PTI   


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2 mins read

India handled inflation much better than US, Germany and France: SBI Report

India has demonstrated a largely successful inflation-targeting regime compared to advanced economi…

ANI   


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2 mins read

RBI retains inflation projection for FY25 at 4.5%

The Reserve Bank, which has been mandated to ensure inflation remains at 4 per cent (with mar…

PTI   


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1 min read

Fundamental drivers of economy gaining momentum, India on sustainable growth path: RBI Governor Das

In the inaugural address at FIBAC 2024, the governor said that massive changes are taking shape in …

PTI   


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3 mins read

Indian economy relatively slowed in Q1-FY25, here's what experts have to say

The Indian economy grew by 6.7% in real terms in the April-June quarter of the current financial ye…

ANI   


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2 mins read

Food inflation to moderate, but any surprise in monsoon or floods may trigger it upwards, notes UBI report

On the monsoon front, the cumulative rainfall over the country has turned from a deficit to an 8 % …

ANI   


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2 mins read

Gen Z's love of discount stores could send these 3 retail stocks soaring as much as 18%, Bank of America says

Amid high inflation, Millennials and Gen Z are increasingly shopping at TJ Maxx, Burlington, and Ro…

Kelly Cloonan   


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2 mins read

Stock market today: Nifty, Sensex see muted starts, ICICI, Kotak, Axis bank gain lead

Apollo Hospitals, ICICI Bank, Bharti Airtel, Kotak Bank and Axis Bank gaines early advantage during…

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3 mins read

CPI inflation drops to lowest in five years but road ahead could be bumpy: SBI Report

India's CPI inflation dropped to 3.54% in July 2024, the lowest in nearly five years, due to a sign…

ANI   


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2 mins read

Brace for ‘climateflation’: Study predicts rise in food price inflation amid worsening climate change

Imagine a future where your grocery bill climbs higher each year, not because of lavish spending or…

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4 mins read

RBI MPC Meet: Repo rates unchanged at 6.5%, inflation moderating, albeit slowly

​MPC decided, by a majority of 4:2 members, that the repo rate will be left unchanged at 6.5%. Thi…

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1 min read

RBI to hold rates, may sound more confident of reaching inflation target, says report

​​The rate-setting panel may prefer to stick to the 'withdrawal of accommodation' stance of the mon…

PTI   


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2 mins read

RBI leaves key repo rate unchanged, focus on keeping inflation in check

The Reserve Bank of India (RBI), on Friday, left the key policy rate unchanged at 6.5 per cent in i…