India fiscal discipline

Govt Directs RBI to Maintain Retail Inflation at 4% Till March 2031

Business News Desk2 weeks ago2 weeks ago03 mins mins

The Government of India has formally asked the Reserve Bank of India (RBI) to maintain retail inflation at 4% with a tolerance band of ±2% until March 2031. This long-term directive underscores the country’s commitment to price stability, economic resilience, and sustainable growth. By extending the inflation target for five more years, policymakers aim to…

Economy

India Bonds Steady as Debt Switch Plan Fails to Spur Moves

Business News Desk2 months ago2 months ago03 mins mins

India’s bond market remained steady despite the government’s recent debt switch plan, which aimed to ease repayment pressures and improve liquidity management. The initiative, designed to swap short-term debt with longer-term securities, did not trigger significant movements in yields or investor sentiment, reflecting cautious optimism and a wait-and-watch approach among market participants. Background The debt…