monetary policy

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    Oil Prices and Remittances: RBI Member's View on India's Economic Outlook

    Mumbai, March 4 The conflict in the Middle East poses some immediate challenges for the Indian economy, but it is unlikely to significantly impact long-term economic growth, according to an external member of the RBI's rate-setting panel.Moving forward, there is a need for coordinated fiscal...
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    Inflation Target Review Underway Amidst CPI Changes

    New Delhi, February 23 Reserve Bank of India Governor Sanjay Malhotra said on Monday that the new CPI inflation series based on 2024 prices will better reflect Indian households' consumption patterns and reduce volatility.In both ways, it will help in better CPI estimation, he said at a media...
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    Finance Minister Calls for Customer-Centric Banking, Focus on Loans and Deposits

    New Delhi, Feb 23 – Finance Minister Nirmala Sitharaman on Monday strongly criticized banks for mis-selling financial products, including insurance, to customers, urging them to focus on their core business instead."Banks should concentrate on their core business...My main concern has always...
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    IMF Program in Pakistan: A Delicate Balance Between Stability and Reform

    New Delhi, February 22 – While the IMF loan has temporarily rescued Pakistan from the brink of economic collapse, weak growth and fractious domestic politics suggest that the current period of stability may be difficult to sustain in the medium term, according to an article.In September 2024...
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    Australian Unemployment Steady at 4.1% in January

    Canberra, February 19 – Australia's unemployment rate remained steady at 4.1 per cent in January, according to official data released on Thursday.The latest monthly labor force data from the Australian Bureau of Statistics (ABS) showed that the number of Australians employed on a full-time...
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    IMF Urges China to Address Deflation and Property Sector Risks

    Washington, February 19 – The International Monetary Fund has urged China to take stronger steps to revive domestic demand and reduce economic imbalances, warning that weak consumption and deflation could slow growth and affect the global economy.The IMF Executive Board, which concluded its...
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    Government Bonds: RBI's OMO Purchases Support Liquidity

    Mumbai, February 17 In order to support liquidity in the banking system, the Reserve Bank of India (RBI) has purchased government securities equivalent to 47 per cent of the Centre's total bond issuances so far in FY26, according to public data.Data compiled by
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    Silver Futures Decline Amid Weak Global Trends and Low Liquidity

    New Delhi, February 17 Silver prices fell by more than 2 per cent to Rs 2.33 lakh per kilogram on Tuesday, tracking weak global trends and low liquidity amid market holidays across major Asian economies.On the Multi Commodity Exchange, the white metal for March delivery plunged by Rs 6,330, or...
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    Inflation Data Update: Key Changes and Implications for India

    New Delhi, February 22 – India on Thursday launched a new series of its Consumer Price Index (CPI), the benchmark that tracks retail inflation, starting with data for January, at 2.75 per cent.The new series covers a wider range of goods and services and adjusts the weights of different...
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    Retail Inflation Data Updated: India's New CPI Series Released

    New Delhi, February 12 – India on Thursday launched a new series of its Consumer Price Index (CPI), the benchmark that tracks retail inflation. This change will improve the quality of data used in formulating monetary and fiscal policies, according to Chief Economic Advisor V Anantha Nageswaran...
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    CEA Nageswaran: Updated CPI Aligns with Economic Trends

    New Delhi, February 12 Chief Economic Advisor V Anantha Nageswaran said on Thursday that the new CPI series will improve the quality of data used in formulating monetary and fiscal policies.The National Statistics Office (NSO) under the Ministry of Statistics & Programme Implementation (MoSPI)...
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    Inflation Data Revision Includes E-Commerce and OTT Prices

    New Delhi, February 11 The government will release the retail inflation data for January based on the new Consumer Price Index (CPI) series on Thursday, which will also reflect price movements in airfares, e-commerce platforms, and subscription rates of OTT channels.The new series, with a base...
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    Global Market Factors Drive Gold and Silver Increase

    New Delhi, February 9 Precious metals saw a surge in futures trading on Monday, with silver rising by nearly 5% to ₹2.61 lakh per kilogram while gold climbed to ₹1.57 lakh per 10 grams.Traders said the sharp rise in both metals was due to a rebound in global markets, a weaker US dollar, and...
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