"The dollar has rebounded from Wednesday's low, that's putting some pressure on precious metals. Low liquidity due to Chinese new year holiday is also weighing on the prices," said DailyFX strategist
Budget assures double-digit growth in FY22, but does little for unemployment, inflation, foreign trade and medium-term growth
RBI will need to do a tough balancing act
GDP projection revised upwards, but lower than Eco Survey's
In a Q&A, the Director-Research, Fidelity International says while earnings have been supported by margin expansion in the last few quarters, they will be more revenue-linked going ahead
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RBI has done exceptionally well in managing government's extended borrowing this year when fiscal deficit has shot-up to 9.5 per cent of GDP
Higher inflation projection rules out any rate cut possibility in the first half of FY22; bond yield jumps
RBI Monetary policy LIVE updates: MPC voted unanimously to keep rates unchanged, said RBI governor Shaktikanta Das. Stay tuned for all the LIVE updates
The other signals expected from the policy related to the rollback of measures announced during the pandemic
The reverse repo rate will also continue to earn 3.35 per cent for banks for their deposits kept with the RBI
Bharti Airtel posted a consolidated net profit of Rs 854 crore in the third quarter of December FY21, after six straight quarters of losses. Read the top news in Business Standard today
In a Q&A, the finance ministry's Principal Economic Advisor also explains why he thinks the latest Budget is extraordinary
The apex bank would still like to drain out some liquidity while managing yields through OMO or operation twist, to fend off inflation, especially when rate hikes seem distant
We think the MPC could express its willingness to maintain the accommodative monetary stance at least till H1FY22, which should help sentiments
The RBI refrained from draining excess cash in its December review as it didn't see ample liquidity, which crashed short term rates, fueling inflation
Annuity products may switch to floating rates from fixed, which generally give lower returns to customers
Provisional data shows that inflation impact in 2020-21 is expected to be about 3.9%, down from 7.4% in 2019-20
The Reserve Bank of India (RBI) is unlikely to further ease the interest rates in the next meeting of its Monetary Policy Committee even though retail inflation declined in December 2020, a report by
After a year of high inflation-low growth, a sharp dip in food inflation tames the headline number