Global uncertainties pushed Dr. Nagesh Kumar to go for a 25 basis points rate cut during the February RBI MPC. The external ...

Kumar was one of the six MPC members who voted for a cut in the repo rate cut in the February monetary policy due to growth ...

In particular, there was a concern about the weaknesses of the manufacturing sector, which is important for job creation due ...

The minutes of RBI's last monetary policy meeting have been released. This was the first meeting under new governor Sanjay ...

Andhra Pradesh police incinerate seized ganja worth ₹1.87 crore, intensify crackdown on illegal drug trafficking with Eagle Organization.

Governor Sanjay Malhotra said the repo rate cut in the February meeting of the monetary policy committee (MPC) was due to ...

There are widespread fears of the world economy going into a prolonged slump due to protectionist trade policies, MPC member Nagesh Kumar said.

The Reserve Bank of India is expected to implement more interest rate cuts in the coming months to boost economic growth. The ...

The RBI highlights concerns about the impact of global trade tensions and protectionist policies on India. Despite tariffs ...

Governor  Sanjay Malhotra opined that rate reduction was an appropriate monetary policy response at this juncture citing movement of inflation towards the central bank’s 4 per cent target, said the Mo ...

RBI’s new Governor Sanjay Malhotra, and five other members of the rate-setting panel -- voted unanimously in favour of ...