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Krishna Srinivasan Director Asia-Pacific Department IMF

India is on a sustained growth path driven by consumption and public investment, India’s economic performance stands out against the backdrop of global uncertainties, Krishna Srinivasan Director, Asia and Pacific Department, said in an...

High interest rates hurt growth: RBI monetary policy member Verma supports rate cuts

Professor Jayant R Verma, one of the six members of the Monetary Policy Committee of the Reserve Bank of India (RBI), voted to reduce the repo rate by 25 basis points in the policy...

Food prices a challenge to eventual reduction in inflation: RBI policy minutes

According to the minutes of the RBI’s monetary policy meeting held earlier this month, pressures in food prices are disrupting the ongoing disinflation process in India, and creating challenges in ultimately bringing the inflation...

Oil prices rise in global market amid increasing Iran-Israel tension

International oil prices rose by $3 a barrel on Friday amid reports of Israel launching missile strikes against Iran, raising fears of escalating geopolitical tensions that could disrupt crude oil shipments. Can. The price...