hike

MUMBAI: Hinting at the likelihood of further rate hikes in the October policy, a report released by the RBIon Thursday said that inflation continues to be above target level and may require a response. The easing of inflation in July…

After announcing that the Monetary Policy Committee unanimously chose to hike rates by 50 bps, the Reserve Bank of India (RBI) Governor Shaktikanta Das said that a 50 basis points hike is the new normal for the central banks across the…

The recent hike in basic import duty on gold to 12.5% will impact profitability of gold jewellery retailers by about 50 basis points and bring down volume of gold consumption by 5% on-year this fiscal, said on Wednesday. One basis point…

Shaktikanta Das, Governor, Reserve Bank of IndiaSynopsisEconomists, stock market analysts are baffled by RBI’s rate hike as it was only a month ago that the central bank indicated that it had no intention of raising interest rates. Some…