Last Updated: Thursday, July 30, 2015, 17:21
With less than a week left for the RBI's next monetary policy, Moody's on Thursday said there is room for rate cut and expressed hope that the central bank would reduce it by 0.25 percent to push growth.
Last Updated: Monday, July 27, 2015, 15:24
Sinha`s comments come days after the finance ministry published draft legislation that proposes to reduce the RBI`s influence in setting interest rates.
Last Updated: Thursday, July 23, 2015, 15:37
The Reserve Bank is likely to keep interest rates on hold in the next month's monetary policy meet, but may slash the key lending rate by a 50-75 basis points by March 2016, Morgan Stanley on Thursday said.
Last Updated: Tuesday, July 21, 2015, 19:04
RBI Governor Raghuram Rajan on Tuesday called on Finance Minister Arun Jaitley and is believed to have discussed various issues including current macroeconomic situation.
Last Updated: Friday, July 17, 2015, 14:45
Country's largest lender State Bank of India (SBI) on Friday said it is not expecting a rate cut by RBI in the monetary policy review next month on account of slightly higher retail inflation.
Last Updated: Tuesday, July 14, 2015, 17:00
The Reserve Bank is likely to cut interest rates in its upcoming monetary policy review next month despite retail inflation surging to an eight-month high in June, rating agency Moody's said Tuesday.
Last Updated: Tuesday, July 14, 2015, 13:29
Deflationary trends continued for the eighth month in a row in June with the wholesale price- inflation slipping to (-)2.4 percent, largely due to cheaper vegetable and fuel prices.
Last Updated: Tuesday, July 14, 2015, 12:35
The annual rate of inflation, based on monthly Wholesale Price Index (WPI), stood at -2.40 percent for the month of June as compared to -2.36 percent for the previous month.
Last Updated: Tuesday, July 7, 2015, 13:45
The Reserve Bank of India aims to drain money markets of excess liquidity to counter inflationary pressures arising from higher government spending.
Last Updated: Friday, July 3, 2015, 10:48
Services sector contracted for the second consecutive month in June as new orders declined for the first time in 14 months, an HSBC survey said Friday.
Last Updated: Monday, June 29, 2015, 16:40
According to the global financial services firm, 'agflation' is in check and the June CPI inflation is likely to stay soft at 5.2 percent.
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