Reserve Bank of India has kept its key interest rate unchanged on Monday, despite facing pressure for a cut to spur borrowing and investment in the face of a worrying economic slowdown.

The RBI, Indi

The BSE benchmark Sensex tumbled by over 200 points in late morning trade on Monday as RBI's decision to keep all key interest rates unchanged pulled interest sensitive stocks down.

The 30-share b

The Reserve Bank on Monday decided to enhance the Export Credit Refinance (ECR) limit to 50 per cent of the outstanding rupee export credit for banks, from 15 per cent, a move that will inject Rs 3

Finance Minister Pranab Mukherjee on Monday said inflation weighed on the mind of the Reserve Bank, which kept the key interest rates unchanged in its monetary policy review.

Mukherjee said it wa

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

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