excess liquidity

Ecuador expects China to fully finance refinery


April 23rd, 2012 - 11:30 am ICT by IANS
Quito, April 23 (IANS/EFE) Ecuador expects China to provide all of the financing for the Refineria del Pacifico, a mega-refinery for processing crude and the largest public works project in ... Read more...

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Inflation will come down by December: Pranab


October 31st, 2011 - 5:52 pm ICT by IANS
New Delhi, Oct 31 (IANS) Inflation will come down by December as necessary steps have been taken to remove supply-side bottlenecks, Finance Minister Pranab Mukherjee said here Monday."Current inflation ... Read more...

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China may raise interest rate in Q3


July 3rd, 2011 - 2:42 am ICT by IANS
Beijing, July 3 (IANS) China may raise its benchmark interest rate in the third quarter to contain inflationary pressures, a media report said Saturday.Reserve requirement ratios for large financial institutions ... Read more...

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Increase in policy rates a necessary step to tame inflation: Pranab Mukherjee


May 3rd, 2011 - 5:13 pm ICT by ANI
New Delhi, May 3 (ANI): Union Finance Minister Pranab Mukherjee on Tuesday said the sharp increase in repo rate and reverse repo rate by 50 basis points was a necessary step ... Read more...

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China sets seven percent growth target


February 28th, 2011 - 1:10 pm ICT by IANS
Beijing, Feb 28 (IANS) China has set an annual growth target of seven percent to ensure sustainable development during its 12th Five-Year Plan (2011-2015), Prime Minister Wen Jiabao said."We must not any ... Read more...

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Rate hike fears in India’s monetary policy review Tuesday


November 1st, 2010 - 12:22 pm ICT by IANS
Mumbai, Nov 1 (IANS) The Reserve Bank of India (RBI) reviews its monetary policy for this fiscal Tuesday with high food inflation in the backdrop, even as industry and ... Read more...

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Growth versus inflation-control is big concern: Mukherjee


October 26th, 2010 - 4:03 pm ICT by IANS
New Delhi, Oct 26 (IANS) With India's annual food inflation still hovering around 15.5 percent, Finance Minister Pranab Mukherjee Tuesday said high prices remained a concern, as there was a limit ... Read more...

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RBI should check if inflation up on excess liquidity (Lead)


July 20th, 2010 - 8:23 pm ICT by IANS
New Delhi, July 20 (IANS) The central bank will have to take a call if high inflation is on account of excess money supply in the system, Cabinet Secretary K.M. Chandrasekhar said ... Read more...

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Rising food prices will ease after July: Pranab Mukherjee


June 15th, 2010 - 12:23 pm ICT by ANI
Patna (Bihar), June 15 (ANI): Finance Minister Pranab Mukherjee has said that rising food prices would ease after July, and that he was not in favour of altering monetary policy.The Reserve ... Read more...

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India’s central bank hikes rates further to tame inflation (Roundup)


April 20th, 2010 - 3:31 pm ICT by IANS
Mumbai, April 20 (IANS) Interest rates on housing, automobile and corporate loans were set to rise with India's central bank hiking key rates in its monetary policy for this year unveiled ... Read more...

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Highlights of monetary policy update by India’s central bank


April 20th, 2010 - 1:56 pm ICT by IANS
Mumbai, April 20 (IANS) Following are the highlights of the annual policy statement for fiscal 2010-11 presented by Reserve Bank of India Governor D. Subbarao before chief executives of commercial banks here ... Read more...

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India’s central bank hikes key rates to tame inflation


April 20th, 2010 - 1:07 pm ICT by IANS
Mumbai, April 20 (IANS) Interest rates on housing, automobile and corporate loans are set to rise with India's central bank hiking key rates in its monetary policy for this year unveiled Tuesday ... Read more...

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Food inflation drops marginally to 17.22 percent


April 15th, 2010 - 3:41 pm ICT by IANS
New Delhi, April 15 (IANS) India's annual food inflation dropped marginally to 17.22 percent for the week ended April 3 from 17.7 percent a week before even as prices of milk, fruits ... Read more...

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Food inflation up 17.7 percent


April 8th, 2010 - 2:20 pm ICT by IANS
New Delhi, April 8 (IANS) India's annual food inflation rose to 17.7 percent for the week ended March 27 from 16.35 percent a week before owing to a rise in the prices ... Read more...

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India’s food inflation falls even as index moves up a tad


March 25th, 2010 - 1:56 pm ICT by IANS
New Delhi, March 25 (IANS) India's annual food inflation fell marginally once again to 16.22 percent for the week ended March 13 from 16.3 percent for the week before even as prices ... Read more...

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Upbeat on India, IMF forecasts 8 percent growth (Lead)


March 17th, 2010 - 9:29 pm ICT by IANS
By Arun Kumar Washington, March 17 (IANS) In an upbeat assessment of India's growth outlook, the International Monetary Fund (IMF) forecasts India's economic growth to accelerate to 8.0 percent in 2010-11 from 6.75 ... Read more...

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Excess liquidity to remain a concern: SBI chief


January 31st, 2010 - 4:53 pm ICT by IANS
Baharampur (West Bengal), Jan 31 (IANS) The country's largest lender State Bank of India (SBI) sees excess liquidity to be a concern for the bank over the next two quarters, a ... Read more...

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‘Central bank’s steps will not impact interest rates’


January 29th, 2010 - 3:16 pm ICT by IANS
New Delhi, Jan 29 (IANS) Concerned over high inflation rate, fuelled by rising food prices, Finance Secretary Ashok Chawla Friday said the steps by the central bank to curb liquidity were adequate ... Read more...

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RBI hikes CRR; repo rates unchanged


January 29th, 2010 - 3:02 pm ICT by ANI
New Delhi, Jan 29 (ANI): The Reserve Bank of India (RBI) in its monetary policy review on Friday, hiked the Cash Reserve Ratio (CRR) by 75 basis points to 5.75 percent in ... Read more...

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Highlights of monetary policy update by India’s central bank


January 29th, 2010 - 1:32 pm ICT by IANS
Mumbai, Jan 29 (IANS) Following are the highlights of the third quarterly update of the monetary policy for this fiscal presented by Reserve Bank of India Governor D. Subbarao before chief executives ... Read more...

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India’s central bank hikes cash ratio for banks


January 29th, 2010 - 12:59 pm ICT by IANS
Mumbai, Jan 29 (IANS) The Reserve Bank of India (RBI) Friday hiked the cash reserve ratio (CRR) for commercial banks by an unexpected 75 basis points, in a clear bid to ... Read more...

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Central bank’s third quarterly monetary review Friday


January 28th, 2010 - 3:13 pm ICT by IANS
Mumbai, Jan 28 (IANS) Reserve Bank of India (RBI) Governor D. Subbarao will conduct the third quarterly review of the monetary policy for this fiscal Friday amid fears that the cash ... Read more...

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Food inflation softens to 16.81 percent


January 21st, 2010 - 8:50 pm ICT by ANI
New Delhi, Jan 21(ANI): Food inflation based on the wholesale price index softened to 16.81 percent for the week ended January 9, although potato and pulses continued to cost high. Earlier, ... Read more...

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HSBC chief sees no major rate hikes by India’s apex bank


January 20th, 2010 - 6:31 pm ICT by IANS
New Delhi, Jan 20 (IANS) India's central bank may not drastically change the accommodative monetary policy when it revises it Jan 29, but could look at measures to suck excess liquidity from ... Read more...

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Montek Ahluwalia predicts easing of food price inflation by next month


January 4th, 2010 - 6:36 pm ICT by ANI
New Delhi, Jan 4 (ANI): Planning Commission Deputy Chairman Montek Singh Ahluwalia said on Monday that the current food inflation would be eased by the end of next month.Ahluwalia said, "The dominant ... Read more...

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Reserve Bank may raise cash reserve ratio: Moody’s


October 23rd, 2009 - 4:08 pm ICT by IANS
New Delhi, Oct 23 (IANS) India's central bank is unlikely to alter the repo or reverse repo rates at its Oct 27 meeting, but may raise the cash reserve ratio by 50 ... Read more...

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Growth rate can go beyond 6 percent: Pranab Mukherjee


August 28th, 2009 - 7:20 pm ICT by ANI
New Delhi, Aug. 28 (ANI): Union Finance Minister Pranab Mukherjee on Friday said that India may be able to attain over six per cent growth rate in the current fiscal."In the ... Read more...

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China factor brings Sensex down 225 points (Round Up)


August 19th, 2009 - 6:59 pm ICT by IANS
Mumbai, Aug 19 (IANS) A fall in Chinese bourses weighed heavily on Indian equities markets, with a key index ending trade Wednesday 225 points below its previous close. The 30-scrip sensitive ... Read more...

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Sensex loses way, plummets 253 points (Roundup)


July 10th, 2009 - 6:40 pm ICT by IANS
Mumbai, July 10 (IANS) The downtrend at the Indian equities markets continued Friday, with a key index losing its way towards closing bell after rising more than 140 points to end ... Read more...

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Highlights of Economic Survey 2008-09 (Second Lead)


July 2nd, 2009 - 4:43 pm ICT by IANS
New Delhi, July 2 (IANS) Salient features of a wish list in the Economic Survey for 2008-09 released by Finance Minister Pranab Mukherjee in parliament Thursday: - Cut fuel, food and fertiliser subsidy ... Read more...

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Highlights of Economic Survey 2008-09 (Lead)


July 2nd, 2009 - 2:57 pm ICT by IANS
New Delhi, July 2 (IANS) Salient features of a wish list in the Economic Survey for 2008-09 released by Finance Minister Pranab Mukherjee in parliament Thursday: - Cut fuel, food and fertiliser subsidy ... Read more...

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Sensex closes flat, most of day’s losses recouped (Roundup)


June 23rd, 2009 - 6:11 pm ICT by IANS
Mumbai, June 23 (IANS) Indian equities markets recovered towards the closing bell Tuesday after a key index recovered the day's losses to close flat. At end of trade, it was a ... Read more...

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India to recover in second half of 2009-10: Goldman Sachs


May 4th, 2009 - 7:32 pm ICT by IANS
New Delhi, May 4 (IANS) The Indian economy will recover from the slowdown in the second half of 2009-10, thanks to the strong domestic market and improving financial sector, investment bank ... Read more...

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Reserve Bank to present annual policy review Tuesday


April 20th, 2009 - 5:50 pm ICT by IANS
Mumbai, April 20 (IANS) The Reserve Bank of India (RBI) will present the annual review of its monetary policy here Tuesday, even as stakeholders saw the central bank leaving key rates untouched ... Read more...

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Expert panel on financial crisis meets Monday for solutions


October 12th, 2008 - 7:01 pm ICT by IANS
New Delhi, Oct 12 (IANS) An expert panel under Finance Secretary Arun Ramanathan meets here Monday to find solutions to help India weather the global financial turmoil, which has led stocks to ... Read more...

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