Over the last two weeks, the RBI has lifted short-term rates to help support the currency

The government's cash balance is "quite substantial", which is an indicator of excess...

Monetary policy committee had recommended no change in the key rate.

The RBI cut interest rates on Friday by a quarter point for the third time since January.

Majority of the experts expect a 25 basis point reduction.

It's affecting deposits, too.

It is increasing the dependence on foreign investments.

New Delhi plans to cut public spending by up to 10 percent in the fiscal year starting...

Due to a spike in crude oil prices and the govt's high fiscal deficit

Central bank estimate economy to grow at 5.5 per cent.

India imports 80 percent of its oil, which adds to inflationary pressure.

Remarks come at a time when he is under pressure from the govt to cut interest rates.