According to the statement of the Governor of the Reserve Bank of India (RBI), Shaktikanta Das, said consequently, the standing deposit facility (SDF) rate stands adjusted to 6 per cent, and the marginal standing facility (MSF) rate and the bank rate to 6.50 per cent.
According to the provisional estimates released by National Statistical Office (NSO) on Wednesday, the GDP for the preceding April-June quarter (Q1) of 2022-23 saw a 13.5 per cent growth.
The National Statistical Office (NSO) under the Ministry of Statistics and Programme Implementation will come out with the data on the quarterly estimates.
Labour force participation rate in CWS (Current Weekly Status) in urban areas for persons aged 15 years and above increased to 47.9 per cent in the July-September quarter from 46.9 per cent in the same period a year ago.
Mumbai (Maharashtra) [India], October 17 (ANI): The Reserve Bank of India has said that its monetary policy remains focussed on realigning inflation within the targeted band but the fight will be "dogged" and "prolonged".
New Delhi [India], October 14 (ANI): India's wholesale price index-based inflation eased to 10.7 per cent in September as against 12.41 per cent recorded in the previous month, as per the government data released on Friday.
Mumbai (Maharashtra) [India], October 13 (ANI): The Indian stock market's benchmark Sensex slumped 390 points on Thursday as a surge in inflation and poor industrial output amid weak global cues dampened investors' sentiments.
Mumbai (Maharashtra) [India], October 13 (ANI): The Indian stock market's benchmark Sensex was trading 472 points down in the afternoon session on Thursday as a surge in inflation and poor industrial output dampened investors' sentiments.
New Delhi [India], October 12 (ANI): India's industrial production contracted by 0.80 per cent in August against 2.2 per cent growth recorded in the previous month, as per the government data released on Wednesday.
New Delhi [India], October 12 (ANI): India's retail inflation surged to 7.41 per cent in September, remaining above the Reserve Bank of India's mandated range of 2-6 per cent for the third straight quarter that would force the central bank to explain to the government the reasons for not being able to control the price rise.