Inflation

Interest Rate-Sensitive Stocks Trade Mixed Ahead Of July Inflation Numbers

Business | Edited by Peter Noronha | Wednesday August 12, 2020

At 11:10 am, the BSE Auto index had gained more than 1 per cent, while metal and banking indices had shed 1.5 per cent and 0.5 per cent respectively.

Inflation Likely Edged Up In July On Higher Food Prices: Poll

Business | Reuters | Tuesday August 11, 2020

Food prices, which account for nearly half of inflation basket, have soared since April due to supply-side disruptions caused by lockdown.

Rupee Edges Lower To 75.05 Against Dollar

Business | Edited by Sandeep Singh (with inputs from agencies) | Friday August 7, 2020

The rupee moved in a range of 10 paise against the greenback during the four-hour session, between 74.95 and 75.05.

Inflation To Remain High In September Quarter, Warns RBI Governor

Business | Edited by Abhik Deb (with inputs from agencies) | Thursday August 6, 2020

RBI left the repo rate and other key policy rates unchanged at existing levels taking stock of recent rise in consumer inflation

RBI Monetary Policy: Central Bank Leaves Key Rates Unchanged Amid High Inflation

Business | Edited by Sandeep Singh (with inputs from agencies) | Thursday August 6, 2020

The Reserve Bank of India on Thursday left the repo rate and other key policy rates unchanged at existing levels taking stock of a recent rise in consumer inflation, and said it would ensure retail prices are contained within its medium-term target going forward. Governor Shaktikanta Das said the RBI's Monetary Policy Committee unanimously decided ...

RBI Keeps Key Lending Rate Unchanged Amid Rising Inflation

Business | Edited By Abhishek Vasudev | Thursday August 6, 2020

The Reserve Bank of India's Monetary Policy Committee led by Governor Shaktikanta Das on Thursday kept the repo rate unchanged at two-decade low.

Shaktikanta Das-Led RBI Leaves Repo Rate Unchanged: Highlights

Business | Edited by Sandeep Singh (with inputs from agencies) | Thursday August 6, 2020

RBI Monetary Policy: The Reserve Bank of India's recent policies have focused on financial stability and the need to support growth despite the price target.

Nifty Reclaims 11,200 After RBI Pauses Key Rates On Inflation

Business | Edited by Sandeep Singh (with inputs from agencies) | Thursday August 6, 2020

Market breadth favoured gains with an advance-decline ratio of 3:2, as 1,579 stocks on the BSE closed higher whereas 1,079 ended lower.

Shaktikanta Das-Led RBI To Announce Policy Decision Today. Will There Be A Rate Cut?

Business | Edited by Sandeep Singh (with inputs from agencies) | Thursday August 6, 2020

The Reserve Bank of India (RBI) will shortly announce its decision on monetary policy today as its top brass concludes a three-day review. Economists remain divided over whether the central bank will ease monetary policy further, by reducing the repo rate, despite inflation remaining way beyond its comfort zone. When Governor Shaktikanta Das addres...

RBI Likely To Cut Lending Rates Despite Inflation Risk: Poll

Business | Reuters | Wednesday August 5, 2020

Most economists in a Reuters poll expect RBI to cut repo rate by 25 basis points on August 6 and once more next quarter to a record low of 3.50 per cent.

Manchester City Ignored UEFA Investigation, But Did Not Breach FFP: Sports Court

Agence France-Presse | Wednesday July 29, 2020

Earlier this month, the Court of Arbitration for Sport overturned a two-year ban from European competitions imposed on Manchester City by UEFA and reduced a fine of 30 million euros to 10 million euros.

Viral Acharya, Who Quit RBI Last Year, Flagged "Deeply Flawed" Move: Book

Business | Anirban Nag, Bloomberg | Monday July 27, 2020

Former central banker Viral Acharya warned against the Reserve Bank of India monetizing the government's budget deficit, citing risks to inflation and external sector stability.

BJP Threatens To Intensify Agitation Over "Inflated" Power Bills In Mumbai

India News | Press Trust of India | Friday July 24, 2020

BJP's Mumbai unit on Friday expressed concerns over the "inflated" electricity bills sent to consumers and warned of intensifying agitation over the issue.

Rishi Sunak Hands UK Key Workers A COVID-19 Crisis Pay Rise

World News | Press Trust of India | Tuesday July 21, 2020

UK Chancellor of the Exchequer Rishi Sunak on Tuesday handed an above inflation pay rise to key workers such as doctors, teachers and police officers in recognition of their hard work during the coronavirus pandemic crisis.

June Retail Inflation Understated, Actual Figures Much Higher: SBI Report

Business | Edited by Abhik Deb | Thursday July 16, 2020

The report suggested that June retail inflation should come at 6.98 per cent, as opposed to the government's figure of 6.09 per cent