The question of whether or not RBI should hike policy rates in its quarterly monetary policy review due on January 25 should have been answered rather forcefully by the inflation data for December. After showing tentative signs of moderation in October and November, wholesale price inflation shot up close to 8.5 per cent on the back of a spike in vegetable prices led by onions and tomatoes. Even if
In its quarterly monetary policy review this November, the Reserve Bank of India (RBI) indicated that it would "pause" on its rates action in the near term. Thus, its decision to stay on hold on
The Reserve Bank of India (RBI) is expected to stay pat on rates at its review on Thursday, with analysts anticipating the current tight liquidity conditions in the banking system to ease by
The New Hampshire Supreme Court on Wednesday reversed a $6.7 million verdict against a wireless communications provider, saying its advertising campaign against a competitor was protected as free
With the current round of policy rate hikes, RBI has cumulatively raised repo rate by 150 basis points, reverse repo rates by 200 basis points and cash reserve ratio by 100 basis points since
RBI’s move to raise repo and reverse repo rates by 25 bps each is a measured response to inflationary pressures that persist in the economy. While business confidence remains positive, the sixth
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