New Delhi: Reeling under slowdown, India Inc. today hailed the Reserve Bank of India’s move to reduce repo rate and CRR by a quarter per cent, saying it will spur growth and ease the prevailing tight

India's economy is likely to grow less than 7.6 per cent this fiscal year and the RBI's aim to bring inflation down to 7 per cent by the end of March faces uncertainty over the rupee, oil prices, and the euro zone debt crisis, Reserve Bank of India governor Duvvuri Subbarao said on Thursday.

Reserve Bank Governor D. Subbarao on Friday said he cannot speculate on when he will start cutting policy rates, but assured that the central bank will ensure that there is enough liquidity in the

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.

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