New Delhi, March 14: The Reserve Bank is likely to hike benchmark lending rates by 25 basis points in its bi-monthly policy next month to bring down inflation within the central bank’s comfort zone, DBS Group Research said on Monday. To contain the rising prices, the RBI has hiked interest rates by 250 basis points […]Continue Reading
NEW DELHI, FEB. 14: In what could put more pressure on the Reserve Bank of India to keep up with its rate hike cycle, retail inflation shot up to 6.52% in January, breaching RBI’s upper tolerance limit of 6% after a two-month lull. Retail inflation, based on the consumer price index, was 5.72% in December […]Continue Reading
NEW DELHI, JAN 2: By a majority verdict, the Supreme Court on Monday upheld the government’s 2016 decision to demonetise the currency notes of Rs 1,000 and Rs 500 denominations. A five-judge Constitution bench of the apex court, headed by Justice S A Nazeer, said the Centre’s decision-making process could not have been flawed as […]Continue Reading
