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Anand Sharma hopeful of rate cut by the RBI in April 1 policy

Last Updated: Tuesday, March 25, 2014, 15:40

Commerce and Industry Minister Anand Sharma is hopeful the Reserve Bank of India will cut interest rates to boost growth, taking into account declining inflation.

Retail inflation for industrial workers eases to 7.24% in Jan

Last Updated: Friday, February 28, 2014, 20:57

"The year on year inflation measured by CPI-IW stood at 7.24 percent for January 2014, as compared to 9.13 percent for the previous month and 11.62 percent during the corresponding month of the previous year (2013)," a Labour Ministry statement said here.

'India's economy still stuck in a rut'

Last Updated: Friday, February 21, 2014, 13:53

India is "stuck in a rut" as weaker consumption and stalled investments prevent the economy from building any sort of momentum, HSBC said in a report Friday adding "slow recovery" could start post elections.

IMF projects 5.4% growth for India in 2014-15

Last Updated: Thursday, February 20, 2014, 20:01

Stronger global growth, improving export competitiveness, a favorable monsoon and a confidence boost from recent policy actions should deliver a modest growth rebound, IMF added.

RBI governor says lower minimum support prices will help curb inflation

Last Updated: Thursday, February 13, 2014, 20:19

Reserve Bank of India Governor Raghuram Rajan said a moderation in the minimum support prices for agricultural products would help curb inflation in the country.

Rajan rules out picking unconventional tools to tame inflation

Last Updated: Friday, January 31, 2014, 21:16

Raghuram Rajan on Friday ruled out adopting any unconventional tools to tackle price rise.

A rate cut at this point is wishful thinking: Rajan

Last Updated: Thursday, January 30, 2014, 20:38

Rajan said there is no trade off between inflation and growth and added that unless prices come under control it would not be possible for banks to reduce interest rates.

'Inflation is both monetary and political issue'

Last Updated: Wednesday, January 29, 2014, 21:28

Rajan also said the Reserve Bank is not blind to issues arising from low growth.

Rajan's remarks pull Sensex down by 240 points from record high

Last Updated: Friday, January 24, 2014, 17:45

The Sensex settled at 21,133.56, a fall of 240.10 points or 1.12 percent, recording the biggest drop in more than three weeks. On January 2, it declined 252 points.

Inflation a destructive disease: Rajan

Last Updated: Thursday, January 23, 2014, 19:11

Terming inflation as a 'destructive disease', Reserve Bank Governor Raghuram Rajan on Thursday said there can be no trade off with growth and prices have to be brought down.

Premature to use CPI as anchor for inflation target: Mayaram

Last Updated: Wednesday, January 22, 2014, 20:20

Mayaram further said that inflation targeting is done in countries which have more stable kind of pricing.

Room for rate cut as inflation moderating: Mayaram

Last Updated: Wednesday, January 22, 2014, 20:01

Arvind Mayaram on Wednesday said signs of moderation in inflation have strengthened the case for a cut in interest rates to boost economic growth.