China removes 75% cap on loan-to-deposit ratio

Last Updated: Saturday, August 29, 2015, 20:23

Facing economic downturn, China today removed 75 percent loan-to-deposit ratio stipulation for its commercial banks to improve liquidity and imposed USD 2.5 trillion as ceiling for local governments to control the spiralling debt.

Don`t let secularism debate hijack the real issues: Yashwant Sinha

Last Updated: Monday, July 15, 2013, 17:14

BJP leader Yashwant Sinha appeared to differ with Narendra Modi on the secular-communal divide saying such a discourse would deviate from real issues of economic downturn and corruption.

China cuts reserve ratio, pumps additional liquidity

Last Updated: Sunday, May 13, 2012, 00:35

With its growth slowing down in the face of global economic downturn, China has decided to lower banks' reserve requirement ratio (RRR) by 0.5 percentage points starting May 18 to pump prime the economy.

Economic downturn is temporary: Kaushik Basu

Last Updated: Friday, December 2, 2011, 15:03

India's economy is experiencing a temporary downturn but will pick up again, the chief economic adviser to the finance ministry, Kaushik Basu, said on Friday.

Dubai Airshow records USD 63.3 billion orders

Last Updated: Friday, November 18, 2011, 14:07

Despite the global economic downturn, orders worth a whopping USD 63.3 billion were generated at the just concluded Dubai Airshow, organisers said.

World stocks steady above 11-mth lows

Last Updated: Monday, August 22, 2011, 18:50

World stocks held above a recent 11-month low on Monday while oil prices slipped as investors concerned about a global economic downturn stayed away from buying risky assets.