Hawkish Fed may prompt India’s RBI to deliver a 50-basis-point hike

MUMBAI, Sept 28 (Reuters) – Interest rate hikes in the United States and the resultant pressure on the rupee is likely to give the Reserve Bank of India (RBI) reason to deliver a 50-basis-point rate hike on Friday even as it tries to protect a recovery in growth. The RBI’s monetary policy committee (MPC) has … Read more

RBI to raise rates again, slim majority of economists expect 50 bps hike: Reuters poll

A Reserve Bank of India (RBI) logo is seen at the gate of its office in New Delhi, India, November 9, 2018. REUTERS/Altaf Hussain/File Photo Register now for FREE unlimited access to Reuters.com Register BENGALURU, Sept 23 (Reuters) – The Reserve Bank of India is set to raise interest rates again next week with a … Read more

India’s Aug retail inflation accelerates as cenbank struggles to tame prices

Vendors wait for customers at their respective shops at a retail market in Kolkata, India, December 12, 2018. REUTERS/Rupak De Chowdhuri Register now for FREE unlimited access to Reuters.com Register Annual food inflation 7.62% in August vs 6.69% in July Central bank seen to hike rates by 25-50 bps in September Core inflation seen at … Read more

India’s status as world’s fastest growing major economy to be short-lived: Reuters poll

Garment workers cut fabric to make shirts at a textile factory of Texport Industries in Hindupur town in the southern state of Andhra Pradesh, India, February 9, 2022. REUTERS/Samuel Rajkumar Register now for FREE unlimited access to Reuters.com Register BENGALURU, Aug 29 (Reuters) – India likely recorded strong double-digit economic growth in the last quarter … Read more

Strong market an apt tribute to India’s Big Bull

Rakesh Jhunjhunwala, Partner, Rare Enterprises, poses after an interview with Reuters in Mumbai, India November 14, 2017. REUTERS/Shailesh Andrade/File Photo Register now for FREE unlimited access to Reuters.com Register MUMBAI, Aug 15 (Reuters Breakingviews) – “I see hordes, hordes, hordes, and hordes of Indian money coming.” Rakesh Jhunjhunwala was on the money when he predicted … Read more

India on course to become world’s fastest-growing economy, says RBI

The Reserve Bank of India (RBI) seal is pictured on a gate outside the RBI headquarters in Mumbai, India, February 2, 2016. REUTERS / Danish Siddiqui Register now for FREE unlimited access to Reuters.com Register MUMBAI, July 16 (Reuters) – India’s economy has remained resilient in the face of global headwinds and with inflation coming … Read more

EXCLUSIVE India’s top cement maker paying for Russian coal in Chinese yuan

Workers walk in front of an UltraTech concrete mixture truck at the construction site of a commercial complex on the outskirts of the western Indian city of Ahmedabad April 22, 2013. REUTERS / Amit Dave Register now for FREE unlimited access to Reuters.com Register UltraTech importing from SUEK, valued at 172.7 mln yuan SUEK’s Dubai … Read more