India cenbank raises key policy rate by 50 basis points

Summary by Ground News

India's consumer-price index in August increased 7.0% from a year earlier. Five of the seven economists surveyed by The Wall Street Journal had expected the central bank to raise the repo rate by half a percentage point. The rupee has been renewing record lows against the dollar in recent sessions.

2 months ago·New Delhi, India

News Articles

More Filters

All

Left

Center

Right

Times of India

RBI retains inflation projection for FY23 at 6.7%

India Business News: For third quarter, inflation is estimated at 6.5 per cent and further down to 5.8 per cent in March quarter with risks evenly balanced, the governor s

2 months ago·Mumbai, India

Read Full Article

News18 India

Reserve Bank of India Retains Inflation Projection For FY23 At 6.7%

The retail inflation has remained above the RBI's upper tolerance limit of 6 per cent for eight straight months

2 months ago·India

Read Full Article

Reuters

India cenbank raises key policy rate by 50 basis points

The Reserve Bank of India's benchmark repo rate was raised by 50 basis points on Friday, the fourth straight increase in the current cycle, as policymakers extended their battle to tame stubbornly above-target retail inflation rate.

2 months ago·United Kingdom

Read Full Article

NDTV

RBI Hikes Key Lending Rate By 50 Basis Points To 5.90%

The Reserve Bank of India hiked its key lending rate by 50 basis points to 5.90 per cent.

2 months ago·New Delhi, India

Read Full Article

Associated Press News

India raises interest rate to 5.90% to tame inflation

India’s central bank has raised its key interest rate to 5.90% and said developing economy were facing slowing growth, elevated food and energy prices, debt distress and currency depreciation. The

2 months ago·United States

Read Full Article

abc News

India raises interest rate to 5.90% to tame inflation

India’s central bank has raised its key interest rate to 5.90% and said developing economy were facing slowing growth, elevated food and energy prices, debt distress and currency depreciation

2 months ago·United States

Read Full Article