The forex reserves rose $1.05 billion to reach $630.607 billion for the week ended January 31, according to the Reserve Bank of India (RBI) data. Meanwhile, gold reserves went up by $1.242 billion to ...

Chief Economic Advisor V Anantha Nageswaran in the Economic Survey 2023-24 had pitched for excluding food inflation from the rate setting calls, saying that the monetary policy has no bearing on the ...

RBI Monetary Policy Committee member Nagesh Kumar has suggested that there should be two inflation rates - one including food prices and the other without food prices - so that relevant rates could be ...

The other two issues—of inflation targeting and the rupee exchange rate—have to do with the RBI. Of course, there’s no formal target for the rupee’s exchange rate, but the way the central bank been ...

With December numbers indicating a cooldown in retail inflation, the Reserve Bank of India (RBI) faces a lingering question that has been troubling India's economy and fiscal policymakers for some ...

1:40 Canada’s tax ‘holiday’ has had mixed results, businesses say December’s inflation data offered a mixed bag to the Bank of Canada as it gears up for its first interest rate decision of ...

What are they likely to do in the next policy? What are the RBI's estimates for growth and inflation? Over the last four years, there has been only one man who the RBI Governor turns to, to answer ...

Great news for mobile users in India! The Reserve Bank of India (RBI) has recently introduced two dedicated phone number series for financial institutions to make transaction and marketing calls ...

In the final inflation print before the Union Budget for 2025-26 is presented, followed by the first review of the monetary policy led by the new Governor of the Reserve Bank of India (RBI ...

RBI economists caution that persistent food inflation, amidst rising rural wages and corporate salaries, requires ongoing monitoring. While December's CPI eased to 5.2%, food inflation remains high.

although the stickiness in food inflation warrants careful monitoring of second-order effects,” the RBI said, cautioning that firming rural wages and corporate salary growth could amplify inflationary ...

India’s inflation declined to a four-month low of 5.22 percent in December as compared to 5.48 percent in the previous month. The Reserve Bank of India’s (RBI) report released on January 17 ...