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Comfortable with existing interest rates: Raghuram Rajan

Comfortable with existing interest rates: Raghuram Rajan

 RBI governor Raghuram Rajan, while talking about wholesale price inflation in monetary policy decisions in a televised debate on Thursday, said that he was comfortable with the existing interest rates.

RBI rate hike a commitment to check inflation: Rangarajan

The Reserve Bank's hiking the key lending rate by 0.25 percent is a reflection of its "strong commitment" to check inflation, Prime Minister's Economic Advisory Council (PMEAC) Chairman C Rangarajan said Tuesday.

Bonds fall, rupee weakens as inflation accelerates

Bonds slumped, while the rupee weakened on Monday, after wholesale price inflation (WPI) came in above analysts` estimates, raising expectations that the central bank will raise interest rates for a second consecutive month in late October.

India to see 6.1% economic growth this year: United Nations

Indian economy is projected to grow at a slower pace of 6.1 percent this year even as exports and capital investments are likely to be much better than in 2012, according to the United Nations.