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First RBI monetary policy review after demonetisation: All you need to know

First RBI monetary policy review after demonetisation: All you need to know

Know the highlights of RBI's fifth bi-monthly monetary policy statement, 2016-17.

RBI may cut repo rate by 0.25% on Dec 7, another in Q1 of 2017: DBS

RBI may cut repo rate by 0.25% on Dec 7, another in Q1 of 2017: DBS

The RBI monetary policy committee (MPC) is likely to consider a 0.25 percent rate cut on Wednesday, followed by another in the first quarter of 2017 amid downside risks to growth following the notes ban and subdued inflation, says a DBS report.

Eurozone inflation at highest level since April 2014

Eurozone inflation at highest level since April 2014

Eurozone inflation rose to a two-and-a-half-year high in November as Europe inched away from very low consumer prices that have threatened an already fragile economic recovery.

Zimbabwe to issue derided 'bond notes' on Monday

Zimbabwe to issue derided 'bond notes' on Monday

Zimbabwe will issue "bond notes" equivalent to the US dollar from next week to ease critical cash shortages, the central bank announced on Saturday, despite widespread public fear of a return to hyperinflation.

Dollar strongest in 13 years; bond yields rise

The US dollar climbed on Friday to its highest level since 2003 on continued bets on faster inflation and higher interest rates, while Treasuries resumed a selloff that left yields at their highest levels of the year.

'Bank note reform to depress inflationary pressures in India'

'Bank note reform to depress inflationary pressures in India'

India's bank note reform has pushed up deposit growth and boosted liquidity that may in turn depress inflationary pressures, the Development Bank of Singapore (DBS) said Thursday.

'RBI may cut rate by 0.25% as inflation target within reach'

'RBI may cut rate by 0.25% as inflation target within reach'

The Monetary Policy Committee headed by RBI Governor Urjit Patel last month cut benchmark interest rates by 0.25 percent to 6.25 percent.

Retail, WPI inflation cools; raises hope of RBI rate cut

Retail, WPI inflation cools; raises hope of RBI rate cut

Softening food prices helped ease retail as well as wholesale inflation in October, raising hopes that RBI may go in for another rate cut in its monetary policy review next month.

Retail inflation at 14-month low of 4.2% in October on easing food prices

Easing food and fuel prices helped pull down retail inflation to 14-month low of 4.20 percent in October this year, strengthening the case for RBI rate cut next month.

India to see 10% salary increase in 2017

India to see 10% salary increase in 2017

Salaries are expected to rise by 10 percent in 2017, while star performers will attract much more as companies are discernibly prioritising such employees, says a report.

WPI inflation eases to 3.39% in October as food prices soften

WPI inflation eases to 3.39% in October as food prices soften

In the second consecutive month of decline, wholesale inflation eased to 3.39 percent in October as food articles, led by vegetables, witnessed softening of prices. The wholesale price-based inflation, reflecting the annual rate of price rise, in September stood at 3.57 percent. In October 2015, WPI inflation was (-)3.70 percent.

Eurozone Q3 GDP growth steady at 0.3%; inflation rises to 27-month high

Eurozone Q3 GDP growth steady at 0.3%; inflation rises to 27-month high

Economic growth in the eurozone remained low but stable in the third quarter as inflation rose to a 27-month high amid fears over Brexit and major elections in France and Germany.

Diwali Bonanza: Centre approves 2% DA, to benefit over 1 crore staff, pensioners

Diwali Bonanza: Centre approves 2% DA, to benefit over 1 crore staff, pensioners

Ahead of Diwali, the Centre has approved 2 percent dearness allowance and relief benefitting about 50.68 lakh employees and 54.24 lakh pensioners.

Cabinet approves 2% DA hike for central govt employees, pensioners

Cabinet approves 2% DA hike for central govt employees, pensioners

In what could bring cheers to 50 lakh central government employees and 58 lakh pensioners ahead of Diwali, the Union Cabinet on Thursday approved 2 percent hike in dearness allowance to be effective from July 1, 2016.

WPI inflation to average 1.5% this year: Nomura

WPI inflation to average 1.5% this year: Nomura

Inflation based on wholesale prices is expected to moderate further in the months ahead and is expected to average 1.5 percent this year, says a Nomura report.

Retail inflation cools to 13-month low; creates room for more rate cut

Retail inflation cools to 13-month low; creates room for more rate cut

Retail inflation in September dropped to 13-month low of 4.31 percent, mainly on account of easing vegetables prices, creating headroom for further rate cut by Reserve Bank in coming months.

Retail inflation falls to 4.31% in September

Retail inflation falls to 4.31% in September

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Retail inflation falls to 4.31% in September Vs 5.05% in August

Retail inflation falls to 4.31% in September Vs 5.05% in August

New Delhi: Retail inflation in September dropped to 13-month low of 4.31 percent mainly on account of easing vegetables prices.

Govt can now fix retail prices of essential commodities

Govt can now fix retail prices of essential commodities

In order to check inflation, the government has amended the metrology rules which would allow it to fix retail prices of essential commodities like pulses and sugar in extra-ordinary situations.

Disappointed with contracted IIP data, India Inc pitches for sops to boost consumption-driven demand

Disappointed with contracted IIP data, India Inc pitches for sops to boost consumption-driven demand

Disappointed with the 0.7 per cent contraction in industrial output, India Inc has pitched for incentives to boost consumption-driven demand for attracting fresh investments.