Pride seems to have gotten in the way of sound policy-making in India, where a headstrong RBI refuses to concede defeat in its quest to bring down equally stubborn inflation.

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The Reserve Bank of India (RBI) is widely expected to again hike key policy rates on Tuesday to curb stubbornly high inflation.

The 13th hike since March 2010 will make home and auto loans costlier

Ahead of the Reserve Bank of India’s (RBI) mid-year credit policy review on Tuesday, a senior Plan panel official on Monday said the interest rate hike will not have any bearing on either inflation or

Ahead of credit policy review, Reserve Bank Governor D Subbarao on Friday met Finance Minister Pranab Mukherjee and discussed ways to deal with spiraling prices aggravated by a weak rupee.

"I cam

The Reserve Bank of India (RBI) will change its monetary policy stance only if inflation eases and further rate increases will depend on the price rise situation, Subir Gokarn, a deputy governor at th

Food inflation rose to 9.41 per cent for the week ended September 24 on the back of costlier vegetables, fruits, milk and protein-based items.

Food inflation, as measured by Wholesale Price Index

The Reserve Bank is considering to make changes in the design of currency notes, the central bank informed in reply to an RTI query.

To an RTI query by the Bharatiya Banking Consumers Forum (BBCF) wh

Concerned over high inflation, the Reserve Bank on Friday raised key interest rates by 25 basis points, its 12th such hike since March, 2010, making auto, home and other loans more expensive.

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Concerned over high inflation, the Reserve Bank on Friday raised key interest rates by 25 basis points, its 12th such hike since March, 2010, making auto, home and other loans more expensive.

The Planning Commission today said that the decision of the Reserve Bank to raise interest rates by 25 basis points is not unreasonable and a signal to bring inflation under control.

"RBI is signalin