One Member recommended a reduction in the policy repo rate by 50 basis points or bps (one bps is 0.01%).

India is gearing up to introduce a six-member monetary policy committee that would vote on interest rates, which has so far been decided so...

Reserve Bank of India (RBI) governor Raghuram Rajan went with the majority view of the external members in its technical advisory committee...

Four out of seven members in the Reserve Bank of India's technical advisory panel recommended the central bank cut the repo rate at its mon...

Rajan is under pressure to lower interest rates since inflationary pressures are easing, but he is wary as in past the RBI had to reverse i...

Our trade and current account deficits are still very large and are getting larger not just in absolute terms, but in ratio to GDP.

The IIP over 3 months, if adjusted it for seasonal variations, suggests no growth quarter over quarter in industry production, says Prof. A...

Indulging in questionable land transactions is not a trait limited to BS Yeddyurappa. His predecessors too were known for it and beneficiar...

Facing shortage of teaching staff in the wake of capacity augmentation, IITs have proposed to appoint foreign nationals to its faculty posi...

Facing shortage of teaching staff in the wake of capacity augmentation, IITs have proposed to appoint foreign its faculty.