Inflation on retail reduces to 7.04% in May, however, above RBI’s limit of 6%
The retail inflation of India has been constantly rising; however, recently, the inflation rate has declined exponentially to 7.04% in the month of May since...
Tag : repo rate RBI
Reserve Bank of India to soon integrate UPI mode to credit cards
In a recent development, the Reserve Bank of India has initiated a mandate that states that credit card holders will most likely be able to...
Bond yields upward push monitoring US yields; rupee gains
Bond yields rose on Thursday, fully offsetting the recent surge in US Treasury yields ahead of next week’s Fed meeting, while the rupee rose as...