Expressing disappointment over RBI's decision of leaving interest rates unchanged, India Inc on Monday said there is an urgent need for rate cut to boost industrial growth and take economy to a high

Extending losses, the BSE Sensex plunged over 300 points in the late afternoon trade as RBI's decision to keep interest rates unchanged pulled down rate-sensitive stocks.

The 30-share barometer, whic

The rupee falls further to 55.83/84 on the back of sharp falls in domestic stocks after RBI disappointed by leaving interest rates unchanged, and as euro reversed earlier gains despite slim majority w

Amidst expectations of interest rate cut by the Reserve Bank on Monday, Finance Minister Pranab Mukherjee on Saturday expressed confidence that the central bank would 'adjust the monetary policy' to

India's inflation may have accelerated at its fastest pace in 2012 in May, driven by higher food and fuel prices, impeding chances of a rate cut by the RBI at its review next week, a Reuters poll show

The country's inflation (wholesale price index) rose marginally to 7.55 per cent on an annual basis in May despite slowing economic growth, data showed on Thursday, posing a dilemma to the central ban

Pinning hopes on good monsoon, the government on Thursday said the inflation for the current fiscal will be around 6.5-7.5 per cent and steps will have to be taken to address supply constraints.

The Reserve Bank of India releases its mid-quarter monetary policy review on June 18, and weakening domestic and global economic conditions have added to the likelihood it will take action to boost gr

China's annual consumer inflation cooled faster than forecast to two-year lows of 3 per cent in May, helping explain the central bank's move to cut interest rates this week for the first time since th

Reserve Bank Deputy Governor K.C. Chakrabarty on Friday sought to stave off criticism that the nine-year low GDP growth was primarily due to the 20-month high interest rate regime, saying it was dri