Us Fed Reserve

Reserve Bank unlikely to cut repo rate today, says Reuters poll

To justify a rate cut this year, the RBI would likely need more comfort on consumer prices, either through a slump in food costs or an easing of core inflation, which has stayed at around 5 percent for several months.

Brexit impact: Spot gold climbs 1% as investors seek safe-haven

The result of the British vote forced the resignation of Prime Minister David Cameron and dealt the biggest blow since World War Two to the European project of forging greater unity

India better prepared for US Fed rate hikes: RBI Governor Raghuram Rajan

Rajan, a former chief economist at the International Monetary Fund, took over the reins at the RBI a year ago, when pressure on the rupee had become acute.<br />