interest rates
Manufacturing
Manufacturing output contracts 20.6% in March; April inflation data on hold
India’s manufacturing output contracted by more than a fifth in March from a year earlier, fanning hopes that the central ......
Finance
How banks' credit growth slumped across sectors in the wake of coronavirus
In the last week of April, one month into the national lockdown, commercial banks parked more than Rs 7 trillion ......
Finance
Govt pushes lending, asks banks for daily reports
India’s government has redoubled efforts to push state-run banks to boost lending and it has demanded that lenders submit a ......
Economy
RBI cuts reverse repo rate in bid to spur bank lending
The Reserve Bank of India unexpectedly cut its key deposit rate for the second time in three weeks on Friday ......
Economy
Retail inflation drops in March as coronavirus hits demand
India’s retail inflation dropped to a four-month low in March, increasing the chances that the RBI will ease interest rates ......
Economy
Factbox: The global economic policy response to coronavirus crisis
Governments and central banks around the world have unleashed unprecedented fiscal and monetary stimulus and other support for economies floored ......
Finance
India's March services activity contracts amid coronavirus disruptions
India’s dominant services sector, the lifeblood for economic growth and jobs, contracted in March as new business and export demand ......
Finance
Three-month EMI holiday for home, car loans and other highlights from RBI policy
The Reserve Bank of India on Friday took steps to combat the economic fallout of the COVID-19 pandemic, which has ......
Economy
RBI slashes interest rates as coronavirus lockdown hits economy
The Reserve Bank of India on Friday slashed interest rates by 75 basis points in an emergency move to revive ......
Finance
US Fed slashes rates to zero in emergency move to cushion coronavirus blow
The U.S. Federal Reserve and global central banks moved aggressively on Sunday to buttress a world economy unraveling rapidly amid ......