Last Updated: Tuesday, September 15, 2015, 13:33
Weak inflation figures in India have provided "elbow room" to the Reserve Bank to lower rates by 25 bps this month, say global brokerages.
Last Updated: Friday, August 14, 2015, 18:16
Terming the declining inflation as a "positive sign", Finance Minister Arun Jaitley on Friday said the price situation is under control and all the macroeconomic indicators are extremely encouraging.
Last Updated: Wednesday, July 1, 2015, 12:01
The government on Wednesday said it's currently examining the funds requirement of public sector banks over the next 3 years and promised required capital support as part of a comprehensive package to strengthen them.
Last Updated: Tuesday, June 23, 2015, 13:53
The downturn in India's business sentiment seems to have bottomed out as listed firms reported significant improvement in production levels, domestic as well as export orders this month, a survey said Tuesday.
Last Updated: Thursday, February 26, 2015, 12:14
India is likely to meet the central bank`s inflation target of 6 percent by January 2016, while economic growth is expected to gradually pick up, Reserve Bank of India Deputy Governor S.S. Mundra said on Thursday.
Last Updated: Tuesday, February 3, 2015, 16:13
Realtors' apex body CREDAI on Tuesday expressed disappointment at the RBI's decision to keep the key policy rates unchanged, saying the country cannot afford any more delay in pushing the economic growth.
Last Updated: Friday, January 30, 2015, 22:32
The announcement to slash its key interest rate to 15 percent from 17 percent marked the first cut since December 2011.
Last Updated: Wednesday, November 6, 2013, 20:00
Europe`s major stock markets rose Wednesday on the eve of the latest decision from the European Central Bank, buoyed by hopes of a eurozone interest rate cut.
Last Updated: Wednesday, May 8, 2013, 11:46
Brazilian President Dilma Rousseff has announced here a reduction in the interest rate on public loans for owners of small businesses from 8.0 percent to 5.0 percent.
Last Updated: Wednesday, November 21, 2012, 21:56
The Reserve Bank had rejected the advice by majority of external experts to lower the interest rate by up to 0.5 percent in its second quarter review of the monetary policy announced last month.
Last Updated: Friday, July 6, 2012, 12:02
The second rate cut this year made by China's central bank yesterday to boost the sagging economy came sooner than expected, but it has still more room for further reductions, say experts.
Last Updated: Thursday, July 5, 2012, 17:56
In an effort to boost credit flow to agriculture, Union Bank of India on Thursday announced interest rate cut for various categories under agriculture by up to 175 basis points.
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