The second wave could dent the sluggish recovery in consumer and corporate confidence, and further, suppress banks' prospects for new business, the global credit rating agency said on Friday

The April 5-8 poll of more than 50 economists showed retail inflation rose to 5.40 per cent in March from a year earlier as opposed to 5.03 per cent in February. Forecasts ranged from 4.60% to 6.11 per cent

The International Monetary Fund (IMF) on Tuesday raised its growth forecast for Indian economy by 100 basis points to 12.5 per cent for fiscal year 2021-22. The IMF said it expects India's GDP to grow 12.5 per cent in FY22, the highest among emerging and advanced economies. GDP growth for FY23 is pegged at 6.9 per cent. The projections also say that India is the only country expected to register a double-digit growth this fiscal. But how will the projections play out considering the country is witnessing an unprecedented surge in COVID cases all across the country. To answer this, IMF chief economist in conversation with India Today, tells us how she arrived at this number and what gives her confidence that India would be the fastest growing emerging economy in the world. Watch the video for details.

Eligible participants are required to submit their bids in electronic format on the RBI Core Banking Solution (E-Kuber) system between 10 am and 11 am on April 15. The apex bank said that physical bids will be accepted only in the event of a system failure

IMF this week raised its growth forecast for the Indian economy by 100 basis points to 12.5 per cent for the fiscal year 2021-22. It expects India's GDP to grow 12.5 per cent in FY22, the highest among emerging and advanced economies

Nomura said RBI's latest monetary policy stance is \"less dovish than meets the eye\" as it maintained GDP projection despite 2nd wave, projected CPI inflation higher and shifted view on forwarding guidance

RBI has stated that accommodative stance will prevail as long as necessary to sustain growth on a durable basis and continue to mitigate COVID-19 disruptions, while keeping inflation under check

The RBI today announced that it is proposing to enable non-bank payment systems like PPIs, card networks, wide-level ATM operators, among others to take direct membership in the Centralised Payment Systems

While the RBI has kept the repo rate unchanged, hinting at short-term interest rates to remain low, the risk from ultra-loose monetary policy is certainly on the rise as the future inflation trajectory has an upward bias

The central bank kept its key policy repo rate unchanged at 4 per cent, but warned that the recent surge in COVID-19 infections has created uncertainty over economic growth recovery

The central bank had projected CPI of 5.2 to 5% in the first half (August to September) of 2021-22. The new forecast is an indicator of the hardening of inflation in the economy

RBI MPC meet announcements: GDP growth forecast for FY2021-22 has been retained at 10.5 per cent, consisting of 26.2 per cent in Q1, 8.3 per cent in Q2, 5.4 per cent in Q3 and 6.2 per cent in Q4

Reserve Bank of India's Monetary Policy Committee decides to retain its 'accommodative' policy stance; projection of real GDP growth for 2021-22 is retained at 10.5%

UBS Securities India chief economist Tanvee Gupta-Jain on Tuesday retained the earlier house view of 11.5 per cent GDP growth this fiscal, saying the second wave has come as they were planning to upwardly revise growth forecast

The RBI had said two months ago that urban demand and demand for contact-intensive services are expected to strengthen with the substantial fall in COVID-19 cases but things have changed since then. Here's what the central bank will have to factor in while announcing GDP and inflation projections

After a brutal year, India's largest airline looks to bounce back, but there could be surprises ahead

Recovery is broad based but at varying speed as the services sector in particular still operates with significant restrictions which look unlikely to be fully eased through the first half of FY22, CARE said

Das says growth momentum is going as per RBI's estimate and revival of economic activity should continue unabated; he adds there could be no downward revision in RBI's 10.5% growth estimate for FY22

The report proposes to \"declare the act of giving a bribe as legitimate activity\", implying that \"the giver of a harassment bribe should have full immunity from any punitive action by the state\"

Virchow is the fifth Indian company to have an agreement with RDIF on Sputnik V. Dr Reddy's Laboratories was the first to announce a tie-up with RDIF to conduct the bridge studies (clinical trials) of Sputnik V vaccine