Soumyajit Saha
Reporter at Nikkei Asia
Covering India for @NikkeiAsia // Formerly @ReutersBiz @EconomicTimes and @TheKenWeb
Articles
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Jan 17, 2025 |
asia.nikkei.com | Shaun Turton |Soumyajit Saha
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Jan 10, 2025 |
asia.nikkei.com | Soumyajit Saha
Use limited data to select contentPersonalised advertising, advertising and content measurement, audience research and services developmentStore and/or access information on a deviceYou can choose how your personal data is used.
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Dec 11, 2024 |
asia.nikkei.com | Soumyajit Saha
MUMBAI -- The surprise appointment of veteran civil servant Sanjay Malhotra to lead India's central bank and the departure of several senior officials seen as relatively aggressive on monetary policy have sparked speculation of an imminent interest rate cut in Asia's No. 3 economy. Malhotra takes the reins at the Reserve Bank of India on Wednesday, succeeding the second-longest serving governor in its history, Shaktikanta Das, whom many had expected to get another three-year tenure extension.
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Dec 6, 2024 |
asia.nikkei.com | Soumyajit Saha
MUMBAI/NEW DELHI -- The Reserve Bank of India (RBI) on Friday slashed its economic growth forecast for the current financial year ending in March to 6.6% from the 7.2% projected in October after seeing "much lower than anticipated" gross domestic product expansion of 5.4% in July-September.
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Dec 6, 2024 |
asia.nikkei.com | Soumyajit Saha
MUMBAI -- The Reserve Bank of India (RBI) on Friday held its benchmark interest rate at 6.5% as inflation soared beyond the central bank's mid-term tolerance band. Even though India's economic growth has slowed, a strong majority of economists has predicted that the central bank would hold to combat inflation.
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🆕I interviewed former Indonesian cabinet minister Sofyan Djalil about Trump's tariffs, fiscal discipline & the shiny new sovereign wealth fund Danantara. Excited to share my first interview of a SE Asian public figure after observing the region for years https://t.co/F9RrHOS9iS
‼️The Reserve Bank of India has cut interest rates by a surprisingly large 50 basis points as inflation remains well below the target rate of 4%, leading to a "frontloading" of cuts by the central bank, the governor said. Our first take: https://t.co/DTWKYuHCYE
🏦BREAKING: India's central bank cuts interest rates by a unexpectedly sharp 50 basis point (!!!) to 5.5%, taking the key policy rate to its lowest level in nearly three years. This is the RBI's third consecutive rate cut