Articles

  • Jan 17, 2025 | asia.nikkei.com | Shaun Turton |Soumyajit Saha

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  • Jan 10, 2025 | asia.nikkei.com | Soumyajit Saha

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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.

  • 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.

  • 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.

Journalists covering the same region

Roshni Bajaj Sanghvi's journalist profile photo

Roshni Bajaj Sanghvi

Independent Food and Travel Writer at Freelance

Roshni Bajaj Sanghvi primarily covers news in Mumbai, Maharashtra, India and surrounding areas.

Bhalchandra Chorghade

Special Correspondent at Free Press Journal (India)

Bhalchandra Chorghade primarily covers news in Mumbai, Maharashtra, India and surrounding areas including Navi Mumbai and Thane.

Akshay Redij's journalist profile photo

Akshay Redij

Digital Writer and Journalist at Afternoon Voice

Akshay Redij primarily covers news in Mumbai, Maharashtra, India and surrounding areas.

Yogesh Pawar's journalist profile photo

Yogesh Pawar

Bureau Chief at DNA India

Yogesh Pawar primarily covers news in Mumbai, Maharashtra, India and surrounding areas.

Saurabh M Joshi's journalist profile photo

Saurabh M Joshi

Contributor at Deccan Chronicle

Saurabh M Joshi primarily covers news in Mumbai, Maharashtra, India and surrounding areas.

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Soumyajit
Soumyajit @_soumyajit37
9 Apr 25

🏦 India's central bank cuts rates to become the first Asian cenbank to take action since Trump's tariffs. "I'm Sanjay, but not from the Mahabharata," RBI governor says as he evokes the mythical soothsayer to joke about predicting uncertainty. Our story: https://t.co/1EBrtiDC9R

Soumyajit
Soumyajit @_soumyajit37
9 Apr 25

🏦BREAKING: The Reserve Bank of India shifts its stance from "neutral" to "accommodative" and cuts its key policy rate for the second straight meeting, taking the repo rate to 6%. Our story: https://t.co/fcHVxrPimu

Soumyajit
Soumyajit @_soumyajit37

🏦BREAKING: India's Reserve Bank of India cuts its key policy rate by 25 basis points to 6%

Soumyajit
Soumyajit @_soumyajit37
4 Apr 25

RT @Rajendra1857: https://t.co/MEi9VD9wdo A wave of anxiety has gripped India's diamond polishing hub of Surat, as hefty U.S. tariffs thre…