RBI
RBI Proposes Cash Deposits Via UPI, Expands Digital Payments Scope For Retail
News

India’s Core Inflation Continue To Defy Softening Input Costs: RBI Bulletin

The Reserve Bank of India, in its monthly bulletin on Tuesday, noted that consumer price inflation (or retail inflation) in India remained high while core inflation defied to reflect the softening of various input costs. “Consumer price inflation remains high and core inflation continues to defy the distinct softening of input costs,” RBI said in […]

Read More
Sector

Budget Measures Can Leverage Growth In FY24 To 7% Says RBI

The Union Budget’s measures, if executed, could leverage potential growth from 6 per cent estimated by the IMF in 2022-24 to 6.8 per cent, stated the ‘State of the Economy’ report published by the Reserve Bank of India (RBI).The report authored by RBI deputy governor Michael Patra and other staff at the central bank, further […]

Read More
E-commerce & Marketplaces News

India’s Retail Inflation Again Beyond Comfort Zone

Retail inflation in India again breached RBI’s upper tolerance band in the month of January 2023, with the Consumer Price Index pegged at 6.52 per cent, government data released on Monday showed. The retail inflation in rural and urban India was 6.85 per cent and 6.00 per cent, respectively. Among groups, cereals and products, eggs, […]

Read More