The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.

SBI, India's biggest public sector bank, offers a 7.50 per cent interest rate on fixed deposits made by senior citizens.

India's central bank is widely expected to cut interest rates for the first time in nearly five years in Governor Sanjay ...

By cutting rates, the RBI sends a message that it is ready to support growth, confident that the worst of inflation is over.

Factors that potentially affect gold rates in India are fluctuations in the global market, strength of the USD, import costs, interest rates on banks' fixed deposits, economic stability ...

The repo rate cut is expected to lower interest rates on loans, particularly benefiting homebuyers and other borrowers.

Gold prices in India are determined on several factors including currency, global demand, interest rates and government policies. If the rupee slides against the US dollar in India, gold will ...