Producer output (factory gate) prices rose by 0.3% in the year to January 2025. This is up from a revised fall of 0.1% in the ...

This news release constitutes a Designated News Release incorporated by reference in the prospectus supplement <str ...

The Marginal Cost of Funds Based Lending Rate (MCLR) is calculated by taking into account various components of a bank's cost of funds. The formula used to calculate MCLR in India is as follows ...

RBI MPC meeting announcements: Governor Sanjay Malhotra, in his first policy review, estimated India’s GDP growth rate for the FY26 to be 6.7. Governor Malhotra said Q1 is expected to be at 6.7 ...

but that recent strong pay growth was a reason for "caution" towards future interest rate cuts. Pill said he was surprised by data that had shown a 6% increase in private-sector wages, excluding ...

Economists had largely expected this rate cut due to the UK’s poor growth data in recent times. In the July to September quarter (Q3) in the UK, the economy showed no growth, underperforming even the ...

High economic growth is not just a number that continues to increase, it must also be accompanied by sustainable and continuous growth, he added. "The most important thing is job creation, of course, ...

The two giant US banks believe the UK economy will struggle over 2025 forcing the Bank of England to take action and cut rates more aggressively. Both banks say lower GDP growth will be ...

Andrew Bailey says he is a "very strong supporter" of the growth agenda, saying potential growth rates in the UK have been low since the 2009 financial crisis.

Chancellor Rachel Reeves has said she is “not satisfied” with the UK’s growth rate after the Bank of England downgraded the economy’s short-term prospects. The Bank’s Monetary Policy ...

The Bank of England has cut interest rates to 4.5%, but painted a gloomy picture for the UK economy by halving its growth forecast for this year and predicting a surge in inflation. Policymakers ...

Forecasts for economic growth in 2026 and 2027 were nudged up to 1.5 per cent from 1.25 per cent. The forecasts were based on market expectations for a slower pace of rate cuts than in November ...