New Delhi: India’s retail inflation likely surged to a 23-month high of 5.6% in September, accelerating from 4.8% the previous month, driven mainly by costlier food items, energy price spillovers…
Category: Economy
E-way bill generation hits FY27 high as festive season lifts goods movement
NEW DELHI: India’s goods movement picked up in September ahead of the festive season, with electronic permits for shipments within and across states rising to their highest monthly level so…
GST Council meeting today: No rate changes likely, faster refunds | 10 key expections, reforms on table
The 57th GST Council meeting is currently underway today, October 8, at Bharat Mandapam in New Delhi, with the Council expected to focus on procedural and structural reforms rather than…
RBI’s next rate hike will be of 0.50%: SBI Economists
Mumbai: The RBI will hike the key repo rate by a steeper 0.50 per cent at the next monetary policy review in December, economists at the country’s largest lender SBI…
RBI MPC speech: Weak monsoon, strong El Niño, rabi season, global crude prices – What Governor Sanjay Malhotra conveyed
Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday announced that the Monetary Policy Committee () had hiked the repo rate by 25 basis points to 5.5%, marking the…
Mint Explainer | What RBI’s rate hike means for retail borrowers and lenders
The Reserve Bank of India (RBI) on Wednesday hiked the repo rate by 25 basis points to 5.5%, its first hike in nearly four years, joining a host of global…