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MUMBAI: RBI is expected to keep policy rates unchanged in its three-day monetary policy committee meet that starts on Monday. Most economists cite resilient growth, benign inflation and external uncertainties as reasons for a pause, even as the tone of RBI's guidance is likely to be more dovish than the action itself. Some economists, however, see scope for a 25-basis-point (100bps =1 percentage point) cut as inflation could dip below target.The Oct decision is seen as trickier than Aug, with gl ...Read More >
CHENNAI: India's exports in goods fell sequentially but rose annually in August, while imports declined both sequentially and annually, leading to a smaller trade deficit compared to July as well as August last year. However, US exports grew by a nine-month low of 7.2 per cent against 25 per cent growth in the past seven months. Goods exports in August at $35.10 billion was lower than $37.24 billion in July and imports at $61.59 billion were lower than $64.59 during the same period. A year ago ...Read More >
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