India's newly-appointed central bank governor Sanjay Malhotra on Wednesday said he will look to ensure stability and continuity in policymaking for the benefit of the economy. "All businesses, all people they do need this (policy) stability rather than (a) day-to-day kind of a policy,

Sanjay Malhotra, a career civil servant, became India's new central bank governor on Wednesday as the country's economic growth slows and inflation is rising. The Reserve Bank of India said Malhotra,

India's retail inflation eased in November as soaring vegetable prices moderated, boosting expectations of an interest rate cut by the central bank at its next policy review amid concerns around slowing growth.

The Consumer Price Index (CPI)-based retail inflation eased to 5.48 per cent in November, down from a 14-month high of 6.21 per cent in October, reflecting ongoing price pressures across various sectors,

India's industrial output rose to a three-month high of 3.5% year-on-year in October, helped by a pickup in consumer durables and garment manufacturing during the festival season, government data showed on Thursday.

Within the manufacturing sector, 18 out of 23 industry groups have recorded a positive growth in October over the same month of the previous year.

India's Index of Industrial Production (IIP) grew by 3.5% in October 2024, up from 3.1% in September 2024. This positive growth was driven by strong performance in key sectors like basic metals, electrical equipment,