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Controlling inflation is no easy feat: Why Rajan may risk friction with Modi govt

Rajan, well known within the RBI for pragmatism, now must work with the government of Prime Minister Narendra Modi, which understands the need for and wants a lower inflation, but doesn't see the value in hard targets.

Inflation is a destructive disease, says Raghuram Rajan

Terming inflation as a "destructive disease", Reserve Bank governor Raghuram Rajan on Thursday said there can be no trade off with growth and prices have to be brought down.

Sensex up nearly 400 pts as US Fed hints at delay in rate hike

Economic conditions becoming favourable for RBI to cut rate: Mayaram

Mayaram argued that the wholesale price (WPI) inflation is at the lowest level since October, 2009 and retail inflation (CPI) is less than 8 per cent which is the target for this year according to a RBI panel report.<br />

Monetary policy review: RBI unlikely to cut rates as inflation is still high

The RBI will unveil its fourth bi-monthly policy on September 30.<br />

Rating outlook upgrade to soften lenders' cost of funds: Indian Banks Assoc

The upgrade in the outlook comes at a time when banks in the country are looking at raising money from abroad, especially for the new instrument of tier-I bonds under the Basel-III capital framework

Policy turn? After years of aggressive monetary stimulus, Fed could hint on rate-hike

The US Federal Reserve on Wednesday could offer fresh clues on when it plans to begin lifting interest rates and how quickly it will move, as it prepares for a momentous policy turn after years of aggressive monetary stimulus.

RBI rate cut not likely before January 2015, says Uday Kotak

The August wholesale price inflation sharply declined to a near five-year low of 3.74 per cent on declining prices of vegetables and other food articles from 5.19 per cent in July and 6.99 per cent in August 2013.<br />

No rate cuts yet: Rajan says inflation across board still too high to begin easing

The RBI is targeting retail inflation of eight per cent by January next year and six per cent by January 2016.<br />

ECB cuts interest rates to record lows to battle eurozone deflation threat

The ECB cut its main refinancing rate to 0.05 percent from 0.15 percent.