Inflation is likely to inch up to 7.82 per cent for June, from 7.55 per cent in May, and the Reserve Bank is unlikely to go in for steep rate cuts at the forthcoming monetary policy reviews, says a re

Soaring food costs likely pushed Indian inflation to its highest level for 2012 in June, a Reuters poll showed, suggesting the Reserve Bank of India (RBI) will remain hawkish on monetary policy.

The

China's inflation slowed in June to its lowest rate since January 2010, official data showed on Monday, giving the government more room to move in its efforts to reboot the world's second-biggest econ

The battle against inflation seems to be lost for us. Nearly four years and there is no sign of abatement. Clearly, even in a flagging economy, the rate of inflation is a very clear indicator that the

The rupee is expected to consolidate further and head towards 55.70-56.00 per dollar next week, while bond yields are expected to hold in a range ahead of the factory output and inflation data due lat

Poor rains in India's key pulse-producing southern and western states have affected sowing and could trim output in the 2012-13 year that began on July 1, the agriculture minister said on Friday.

Low

The Reserve Bank is continuously focussing on maintaining liquidity conditions within the comfort zone, Deputy Governor Subhir Gokharn said on Wednesday.

"Whatever is causing liquidity stress, whethe

The Reserve Bank of India would pay more attention to the progress of the south west monsoon as it goes into its 'policy date', RBI Deputy Governor Subir Gokharn said on Wednesday.

Observing that

Investors are hoping Prime Minister Manmohan Singh, whose radical reforms transformed the country's economy two decades ago, can work his magic once again after he took charge of the finance ministry.

India's economy is expected to bounce back from October onwards, Chief Economic Adviser Kaushik Basu said on Friday.

Asia's third largest economy is growing at its slowest pace in nine years, the rup