India's gross domestic product (GDP) is estimated to grow an annual 5 per cent in the 2012/13 fiscal year, a government statement said on Thursday, citing provisional estimates. The latest estimate is the worst of all growth projections issued by the government and the RBI. ...
11:40 AM, Feb 07, 2013
The Reserve Bank of India is widely expected to make a modest cut in interest rates later on Tuesday to support an economy set for its slowest growth in a decade, with a deeper cut unlikely due to worries over the fiscal and external deficits and inflation. ...
10:33 AM, Jan 29, 2013
All eyes are on the Reserve Bank of India on Tuesday as it reviews its credit policy. It is up against stubborn inflation. Will we see a cut in interest rates? CNBC-TV18's banking editor Lata Venketesh tells us what to expect. ...
09:30 AM, Oct 30, 2012
Mumbai: The Reserve Bank of India (RBI) has kept its key rates unchanged in its mid-quarter monetary policy review on Monday, which means that the EMIs are unlikely to come down soon. The repo rate is unchanged at eight per cent while the reverse repo rate remains at seven per cent. Only the Cash Reserve Ratio has been cut by 0.25 per cent, which according to the RBI will release...
02:34 PM, Sep 17, 2012
Mumbai: The Reserve Bank of India (RBI) has kept its key rates unchanged in its mid-quarter monetary policy review on Monday, which means that the EMIs are unlikely to come down soon. The repo rate is unchanged at eight per cent while the reverse repo rate remains at seven per cent. Only the Cash Reserve Ratio has been cut by 0.25 per cent, which according to the RBI will release...
02:34 PM, Sep 17, 2012
J C Sharma, MD, Sobha Developers believes that the forthcoming Budget will decide how the demand situation will pan out going forward. However, Sharma feels that the worst is behind for the real estate sector with the Reserve Bank of India giving clear indications that interest rates have reached the peak of the tightening cycle. An optimistic Sharma said that 2012 will be a year of growth where realty companies...
06:17 PM, Mar 02, 2012
GDP growth is down to 6.1 per cent for the third quarter from 6.9 per cent in the last quarter. ...
11:59 PM, Feb 29, 2012
The RBI has increased interest rates 13 times since March, 2010, to contain inflation and India Inc has been demanding a cut in the rates to arrest declining economic growth. ...
07:49 AM, Jan 24, 2012
CNBC TV18's Banking Editor Latha Venkatesh explains what this means for the economy. ...
10:40 PM, Jan 12, 2012
CNBC TV18's Banking Editor Latha Venkatesh explains how the decision's taken at the RBI's credit policy meet on Friday will impact consumers. ...
08:10 AM, Dec 16, 2011
The main problem is that lot of people who need dollars have remained un-hedged through the past several years. ...
09:22 PM, Dec 13, 2011
The rupee skidded to an all-time low on Tuesday as oil refiners and other companies scrambled to buy dollars. ...
01:50 PM, Nov 22, 2011
The rupee has slumped 14.2 per cent from its highest point in 2011 hit late July and is the worst performer among major Asian currencies. ...
02:25 PM, Nov 18, 2011
New Delhi: The Reserve Bank of India will be announcing its mid-year credit policy on Tuesday, which may dampen the spirit of Diwali as it is expected to increase the repo rate by 25 basis points to 8.5 per cent. This will be the 13th raise in last 19 months. Repo rate is the rate at which the RBI lends money to banks. A higher repo rate pushes up banks'...
07:30 AM, Oct 25, 2011
The fall in the Indian rupee continued as rupee inched closer to 50 against the dollar. ...
01:30 PM, Sep 23, 2011
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