Weak inflation gives RBI elbow room to cut rates: Experts

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.

India prepared to deal with US interest rate hike: FinMin

Last Updated: Monday, September 14, 2015, 13:18

"The government and RBI, we are prepared for all eventualities, as and when the situation emerges. I am confident we will be able to deal with it," Economic Affairs Secretary Shaktikanta Das said at an ICRIER event here.

Axis Bank rules out cut in base rate for next two months

Last Updated: Friday, September 11, 2015, 22:35

Even as its larger rival HDFC Bank cut base rate by a sharp 35 basis points to 9.35 percent late last month, the third-largest private sector lender Axis Bank Friday ruled out any immediate reduction in its loan pricing.

China bank lending falls back in August

Last Updated: Friday, September 11, 2015, 17:08

China`s bank lending retreated in August, the central bank said Friday, after a sharp rise in July when the government directed funds into the stock market.

Gold firms near $1,110 but poised for third weekly drop

Last Updated: Friday, September 11, 2015, 08:52

Spot gold was little changed at USD 1,111 an ounce, after gaining 0.5 percent in the previous session.

Bank of England keeps key interest rate at 0.50%

Last Updated: Thursday, September 10, 2015, 17:38

The Bank of England said Thursday it had voted to keep its interest rate at a record-low 0.50 percent, but cut economic growth forecasts and warned of global "headwinds".

Rajan completes second year as RBI Governor: What are the expectations

Last Updated: Friday, September 4, 2015, 10:51

Raghuram Govind Rajan took charge as the 23rd Governor of RBI on September 4, 2013 for a three-year term.

IMF says Fed `can hold off` on interest rate rise

Last Updated: Thursday, September 3, 2015, 21:10

The International Monetary Fund said Thursday that the Federal Reserve has the room to hold off from raising interest rates for the moment amid a "pretty bumpy" global economic situation.

ECB holds rate steady as focus on inflation, China

Last Updated: Thursday, September 3, 2015, 17:35

The European Central Bank held its key interest rates steady on Thursday, a spokesman said, amid investor concern over the economic fallout from the slowdown in China.

Gold gains as equities, dollar retreat, Fed hike view caps rise

Last Updated: Tuesday, September 1, 2015, 08:11

Fed Vice Chairman Stanley Fischer said on Saturday that US inflation will likely rebound as pressure from the dollar fades, allowing the US central bank to raise interest rates gradually.

We're prepared for US rate hike, so don't delay: World to Fed

Last Updated: Monday, August 31, 2015, 08:47

Central bankers from around the world are telling their American counterparts that they are ready for a US interest rate hike and would prefer that the Federal Reserve make the move without further ado.

Fed says rate hike next month hinges on market volatility

Last Updated: Saturday, August 29, 2015, 03:36

The US Federal Reserve on Friday left the door open to a September interest rate hike even while several central bank officials acknowledged that turmoil in financial markets, if prolonged, could delay monetary policy tightening.