after the Reserve Bank of India reduced the key policy rate by 25 basis points in line with street expectations. The Governor also said, most of the depreciation in the Indian currency is driven ...

(Bloomberg) -- India’s new central bank governor is expected to deliver an interest rate cut in his first policy meeting, shifting the focus to boosting economic growth as global risks escalate.

Under the FIT framework, the RBI targets maintaining headline CPI inflation at 4 per cent, (+/-2) percent. The governor said after being introduced in the 2016 and reviewed in 2021, FIT has has ...

All six members of the Reserve Bank of India’s monetary policy committee, chaired by Governor Sanjay Malhotra, voted unanimously to lower the benchmark repurchase rate by 25 basis points to 6.25 ...

(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. India’s new central bank governor cut ...

Assuming a normal monsoon, the RBI governor said the “CPI inflation for the financial year 2025-26 is projected at 4.2 per cent with Q1 at 4.5 per cent; Q2 at 4.0 per cent; Q3 at 3.8 per cent ...