Prime Minister Manmohan Singh Saturday called for evolving a fresh thinking on RBI’s monetary policy in a globalised economy and dealing with the constraints of its macro economic policies.

Mumbai: Softening headline inflation alone will no longer be enough to spur the Reserve Bank of India to cut interest rates at a time when it faces other pressing challenges such as a record low rupe

Mumbai: RBI today spoke of difficulties in effecting an interest rate cut as it kept its option open in its quarterly monetary policy tomorrow citing high inflation and widening current account defic

India's wholesale price inflation rate likely slowed marginally in March as easing price pressures from non-food items offset persistently high food and fuel costs, a Reuters poll showed.

The median

The overall inflation in March eased to 6.89 per cent on account of sharp decline in prices of onions, fruits and protein-based items, even as vegetables and pulses turned costlier.

Inflation, as

The Reserve Bank may cut interest rate by about 0.25 per cent and release more liquidity in its annual credit policy on Tuesday in the light of sagging factory output and moderation in economic gro

China's annual inflation spiked unexpectedly in March t o 3.6 per cent driven by rising food prices, data showed on Monday, surprising investors who had bet on cooling price pressures to give Beijing

Country's largest lender State Bank of India (SBI) on Saturday said it will consider reducing lending rates after the announcement of the Reserve Bank's annual credit policy on April 17.

"Of course,

The Reserve Bank on Thursday kept key policy rate unchanged and said future policy action would be determined by the movement in inflation.

"On the basis of the current macroeconomic assessment, it

The U.S. Federal Reserve on Tuesday provided few clues on the prospects for further monetary easing, offering just a slight upgrade to its economic outlook while restating concerns about the high leve