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

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

Global recovery underway after worst recession since WW-2: IMF head A day after the International Monetary Fund forecast a global growth of six per cent for this year, IMF Managing Director Kristalina Georgieva has said that after the worst global recession since the Second World War, the recovery is underway. The outlook, she asserted, is brighter because millions of people are benefitting from vaccinations and because of further policy support, especially in the US. SEBI fines Mukesh Am...

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 will purchase government securities worth Rs 1 lakh crore under GSAP 1.0 in Q1FY22. It had purchased bonds worth around Rs 3.13 lakh crore from the secondary market in FY21.

RBI has proposed to make interoperability mandatory for full-KYC PPIs and for all acceptance infrastructure.

Sensex closed 460 points higher at 49,661 and Nifty gained 135 points to 14,819

RBI will continue to deploy regular operations under the LAF, longer-term repo or reverse repo auctions, forex operations and open market operations, says Shaktikanta Das

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

RBI Governor Shaktikanta Das says MPC kept its estimate for economic growth unchanged at 10.5 per cent for FY22. MPC also saw inflation edging up to 5.2 per cent in first half of new fiscal from 5% in January-March period and moderate to 4.4 per cent in Q3

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 change in the 2021 forecast for India is minuscule compared to earlier projections, IMF chief economist Gita Gopinath said

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%

Experts say spurt in Covid-19 cases is a worry. After seeing expansion in third quarter post entering recession in previous two quarters, country is expected to grow at 1 per cent in fourth quarter ending March. But growth may slip further sequentially

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

Stock Market News Update Today: Top Sensex losers were PowerGrid, Ultratech Cement, Axis Bank, and IndusInd Bank falling up to 2%. Asian Paints, Sun Pharma, Dr Reddy's Laboratories, HUL shares were the top Sensex gainers rising up to 4%