By Ira Dugal and Jaspreet Kalra MUMBAI, May 22 (Reuters) - India's central bank does not see interest rate hikes as the best ...

The RBI warned Middle East tensions could hurt growth and fuel inflation pressures. The rupee hovered near record lows as ...

Banks have been asked to maintain an incremental cash reserve ratio of 10% on increase in deposits between May 19 and July 28, and this would withdraw over one trillion rupees ($12.03 billion) ...

India's annual consumer inflation likely moved closer to the central bank's 4% medium-term target in April as higher fuel costs following the U.S.-Iran war began feeding into prices, ​a Reuters poll ...

India’s inflation outlook is turning complex as wholesale inflation hit a 42-month high despite moderate retail inflation.