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India’s headline CPI inflation fell to 5.66 percent last month from 6.44 percent in February. The latest CPI inflation print is the lowest in 15 months.
Markets will always try to second-guess policymakers. So it is no surprise the Monetary Policy Committee's decision to leave the repo rate unchanged at 6.5 percent on April 6 is being seen as the end of the rate hike cycle, even though Reserve Bank of India Governor Shaktikanta Das stressed it should not be interpreted as such
India's current account deficit narrowed more-than-expected to $18.2 billion in the last quarter of 2022
MUMBAI/NEW DELHI (Reuters) - A surge in India's services exports, which hit a record high in the October-December quarter, is expected to shield the economy from external risks as a slowing global economy will likely weigh on the country's merchandise exports. | 08:07am
A surge in India's services exports, which hit a record high in the October-December quarter, is expected to shield the economy from external risks as a slowing global economy will likely weigh on