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Reserve Bank of India (RBI) Governor Shaktikanta Das announced on Wednesday that its Monetary Policy Committee (MPC) has decided to hike the repo rate — the key interest rate at which the central bank lends money to banks — by 50 basis…

By Bansari Mayur Kamdar, Sruthi Shankar(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.)* Procter & Gamble up on raising FY sales forecast* IBM gains on upbeat forecast, Q1…

The gradual normalisation of global output growth post-pandemic has been severely marred by rising food and energy inflation, which the International Monetary Fund (IMF) chief has described as a “clear and present danger” to the world…

People shout slogans against Sri Lanka's President Gotabaya Rajapaksa and demand that Rajapaksa family politicians step down, during a protest amid the country's economic crisis, on a main road in Colombo, Sri Lanka, April 4, 2022.…