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  • rbi s monetary policy review to dictate trend on bourses

    RBI's monetary policy review to dictate trend on bourses

    June 01, 2014 20:29 IST

    New Delhi: The Reserve Bank of India's (RBI) monetary policy review on Tuesday will dictate the trend on the bourses this week, experts said. Besides, automobile stocks will be in focus as companies from this sector

  • sensex gives up early gains logs worst weekly drop in 4 mths

    Sensex gives up early gains; logs worst weekly drop in 4 mths

    May 30, 2014 18:26 IST

    Mumbai: The benchmark Sensex today failed to hold to to early gains and ended 17 points lower due to losses in banking and consumer durable shares, logging its worst weekly drop since January.Profit-booking ahead of

  • india calls for communicating monetary policy with clarity

    India calls for communicating monetary policy with clarity

    April 13, 2014 17:40 IST

    Washington: Calibrated and clearly communicated monetary policies will build trust and improve business sentiments globally by leaving little room for speculations, economic affairs secretary Arvind Mayaram said on Saturday.“We believe monetary policy cooperation is extremely

  • air india to sell 7 dreamliners to raise 840 million

    Air India to sell 7 Dreamliners to raise $840 million

    December 22, 2013 23:18 IST

    Mumbai: National carrier Air India plans to raise up to $840 million by way of sale of its seven Boeing 787-8 Dreamliner planes, which it will then lease back, to pay off the bridge loans

  • chidambaram says some functions of rbi need to be revisited

    Chidambaram says some functions of RBI need to be revisited

    December 14, 2013 21:12 IST

    Mumbai: Finance Minister P Chidambaram today pitched for limiting the Reserve Bank's mandate to monetary policy formulation and banking regulation, and for delegating its other functions to government or other regulators. "It (RBI) is the

  • rbi panel on monetary policy may set cpi as main gauge

    RBI panel on monetary policy may set CPI as main gauge: Nomura

    December 13, 2013 22:56 IST

    Mumbai: Japanese brokerage Nomura today said the Reserve Bank committee on monetary policy framework may declare ensuring price stability as the prime objective of the central banks' policy.“We expect the committee to recommend a move

  • rbi to hold rates on high inflation supply side issues d b

    RBI to hold rates on high inflation, supply side issues: D&B

    October 16, 2013 23:44 IST

    Mumbai:  With inflation expected to remain at an elevated level on account of pass through of rupee depreciation and supply side bottlenecks, the Reserve Bank is likely to maintain status quo in its upcoming monetary

  • us debt crisis can cause global financial turmoil imf

    US debt crisis can cause global financial turmoil: IMF

    October 08, 2013 23:48 IST

    WASHINGTON: The IMF today warned that an imminent debt default by the US due to the government shutdown would result in disruptions in financial markets and could possibly trigger global economic turmoil.“Failure to lift the

  • inflation demon back to hound indian policymakers

    Inflation demon back to hound Indian policymakers

    September 22, 2013 16:45 IST

    New Delhi: When Raghuram Rajan moved to Mint Street in Mumbai earlier this month, expectations were high that he would ease the monetary policy to support growth.Contrary to expectations, Rajan hiked the key policy interest

  • inflation cannot be controlled without sacrificing growth

    Inflation cannot be controlled without sacrificing growth, says RBI

    June 14, 2012 23:11 IST

    Hyderabad, Jun 14: Amid widespread demands of a rate cut by RBI in its monetary policy review next week, Governor D Subbarao today said inflation cannot be controlled without sacrificing some growth.“You cannot control inflation

  • interest rates likely to come down in coming months says

    Interest Rates Likely To Come Down In Coming Months, Says Pranab

    March 18, 2012 21:43 IST

    New Delhi, Mar 18: The government is expecting lower interest rates in the coming months as it looks at policy reversal by the Reserve Bank in the wake of moderation in inflation.“... the fact that

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