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

Planning Commission on Friday said the decision of oil marketing companies to raise petrol price by Rs 3.14 per litre is a good news and will provide credibility to the economic reforms process.

"Wha

The Reserve Bank which today went in for 12th hike in policy rates over the last 18 months may not take a pause and there is every likelihood of the central bank going for another rate hike in the Oct

Headline inflation inched closer to the double-digit mark in August, rising to 9.78 per cent on the back of soaring prices of food and manufactured products, which may prompt the RBI to continue with

India’s economy is slowing amid global weakness and as the cumulative effects of steady rate increases exact a toll, but high inflation means the Reserve Bank of India (RBI) is expected to deliver one

With inflation moving closer to the double-digit mark, bankers expect the Reserve Bank to increase its key policy rates by 25 basis points in the upcoming policy review on Friday.

As long as inflati

Spooked yet again by the fears over Greece default, markets shed most of the gains logged during the early part of the week during the sell-off on Friday to end on a flat note during the week ended.

The Reserve Bank of India (RBI) on Wednesday ruled out any immediate intervention in the foreign exchange market, saying it will do so only if there is real pressure on the system.

"The Reserve Bank

Banking Ombudsmen have suggested that lenders need to compensate customers for mental harassment they suffer due to deficient services.

At their annual conference held at the Reserve Bank of India (R

If the Indian markets are worrying you and you want to look for other safe options to park your investible money, why not look abroad?

India is in high inflation mode and as a consequence the Reserve