The RBI has upped its inflation forecast to 5.1 per cent for the current fourth quarter of the 2017-18 fiscal ending March 31. It expects inflation to firm up further to 5.1-5.6 per cent in first half of the next fiscal, before cooling down to 4.5-4.6 per cent in the second half
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The chief economist of Bahrain’s Economic Development Board, Jarno Kotilaine, speaks to BW Businessworld about the growth opportunities in the economy
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How Bahrain is seeking to diversify its economy away from oil, and attract Indian and global fintech startups and entrepreneurs
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One of the sources said the government would raise the idea of the RBI buying bonds via open market operations (OMOs) to keep yields lower and inject liquidity
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All but two of 60 economists in a Reuters poll predicted the repo rate would be kept on hold at its lowest level since November 2010
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Five members of the monetary policy committee voted to keep rates unchanged, with one member, Michael Patra, voting for a 25 basis points hike
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Equities are meant for long-term investing, and it would seem that we're not quite at the end of the current market rally - although it's quite likely that equity returns won't reach blockbuster levels in 2018. Hang on tight and stay the course
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The central bank has already been warning that inflation would return, ending a period of historically low levels that let it cut the repo rate by 2 percentage points to the current 6.0 percent over the past two years
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