MPC will reassess growth-inflation dynamics at next meeting: RBI Governor
RBI Governor Sanjay Malhotra announces MPC will reassess growth-inflation dynamics amid rising crude oil prices at next meeting.
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1873: A great deflation, not quite the making of the modern world
Within the narrower canvas of the origins of the 1873 financial crash and its consequences, Ahamed tells a gripping tale
MPC to reassess growth, inflation dynamics next month amid oil price rise: RBI Governor Sanjay Malhotra
RBI Governor Sanjay Malhotra said the MPC will reassess the growth and inflation outlook at its October meeting amid rising crude oil prices and ongoing...
U.S. consumer inflation picks up in August as gas prices surge
WASHINGTON >> U.S. consumer prices accelerated in August, while a key measure of underlying inflation posted its largest increase in four months, reinforcing...
RBI issues draft SOP for temporary debit holds on money-mule, cyber fraud accounts
The proposed framework sets out timelines for banks to identify suspicious transactions, notify customers, examine explanations and remove debit holds
Fed chief under pressure to defy Trump with interest rate hike as soaring oil price threatens fresh inflation shock
The head of the Federal Reserve is on collision course with Donald Trump after US inflation figures piled pressure on the central bank to defy the President and...
Russia's Central Bank holds key rate for the first time since mid-2025
The Russian Central Bank's board of directors on Sept. 11 decided to keep the key rate at 14%, the first time the regulator has opted not to cut it since mid-June...
India's forex reserves surge $44.90 billion to record $785.71 billion, RBI data shows
The increase was mainly driven by a sharp rise in foreign currency assets, while gold reserves declined during the week. The record reserves provide India with a...
CBN disowns fake viral $46 billion grant approval document
The Central Bank of Nigeria (CBN) has dismissed as fake a viral document claiming that it approved the release of $46 billion to a development organisation for...
US Dollar Weekly Forecast: No country for soft landings
There was no respite to the downward trend for the US Dollar (USD) this week, which added to the prior week’s retracement and at some point flirted with the area...
Fed rate hike likelihood jumps to nearly 90% after hotter CPI report
Investors believe the Fed will raise borrowing costs as it works to tame inflation, which has risen a full percentage point since the Iran war started.
BRICS finance chiefs urge reform of global development financial institutions
BRICS finance chiefs urge reform of global development financial institutions