MUMBAI, Nov 9 (Reuters) – India is vulnerable to “recurring and overlapping” food price shocks despite the recent moderation in inflation, the governor of the Reserve Bank of India (RBI) said on Thursday. “In these circumstances, monetary policy remains watchful and actively
BENGALURU, Nov 8 (Reuters) – The Indian rupee will trade near record lows against the dollar over the coming months, according to a Reuters poll of FX strategists who also said the Reserve Bank of India would likely intervene less in the
MUMBAI, Oct 6 (Reuters) – The RBI (Reserve Bank of India’s) key lending rate was held steady at a fourth consecutive policy meeting on Friday, as widely expected, with investors more focused on the regulator’s liquidity management plan amid a resurgence in
NEW DELHI, Sept 12 (Reuters) – India’s retail inflation (INCPIY=ECI) eased in August as food prices moderated, but remained above the upper end of the central bank’s target band for a second consecutive month, keeping policymakers watchful. Annual Retail inflation in August