RBI Governor Sanjay Malhotra said the Monetary Policy Committee unanimously voted to maintain the key lending rate while retaining a neutral policy stance.
Bloomberg report estimated that the central bank likely sold nearly USD 12 billion worth of gold in the two weeks ending May 22, even as it purchased about USD 7.5 billion in foreign-currency assets.
India's economy stayed resilient amid global turmoil in April 2026, but rising wholesale inflation, a weakening rupee, and other factors are emerging threats to growth and price stability, according t ...
While wholesale inflation is expected to reflect the pressure first, Crisil cautioned that the impact may gradually reach household budgets as companies begin passing on higher costs to consumers.
Munir met the Iranian leader in Tehran and said they discussed diplomatic efforts to prevent escalation and promote peace, stability and security in West Asia.
