The Reserve Bank of India (RBI) raised repo rate by 0.25 point to 7.75 percent Tuesday, the second time it raised its policy interest rate in two months. The central bank said inflation is likely to remain high for the rest of the fiscal year up to March 2014. It also withdrew an emergency measure to support the falling rupee. "Overall WPI (wholesale price index) inflation is expected to remain higher than current levels through most of the remaining part of the year, warranting an appropriate policy response," RBI governor Raghuram Rajan said.
GMT 11:02 2018 Tuesday ,11 December
ASE opens trading on lower noteGMT 15:40 2018 Monday ,10 December
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U.S. stocks post weekly losses amid tech shares routMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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