Economy

Continued pass-through of RBI policy actions aid decline, say economists. The core consumer price index (CPI) inflation is likely to stay below the 4% mark in near term due to.

A Reuters poll of economists had pointed to a smaller 0.1% fall of gross domestic product (GDP) in the October-to-December period. Britain’s economy entered a recession in the second half of.

While repo rates will likely be kept on hold for some time, the central bank may shift its policy stance to “neutral” in the June quarter of 2024-25. In its.

“We believe slowing inflation despite food price hiccups, a smaller fiscal deficit and an imminent turn in the US Federal Reserve policy rates will create the ground for the MPC.

The capital formation in India in recent years was led by the public sector, mainly the central government, state governments and state-run enterprises. Large central public-sector entities – companies and.

Russia supplied 1.2 million barrels per day of crude oil to India in January, down from 1.32 million barrels in December and 1.62 million barrels in November 2023, according to.

The RBI six-member Monetary Policy Committee (MPC) is scheduled to meet from February 6 to 8. Here is a timeline of MPC meetings this fiscal year and announcements by the.

The HSBC final India Services Purchasing Managers’ Index , compiled by S&P Global, jumped to 61.8 last month from December’s 59.0. India’s dominant services sector expanded at the fastest pace.

Digital rupee users will soon be able to execute transactions in areas with limited internet connectivity as the RBI on Thursday announced that offline capability will be introduced on the.

The central government has tasked the Reserve Bank of India (RBI) to ensure that the Consumer Price Index (CPI) based inflation remains at 4 per cent, with a margin of.