inflation expectations

Retail inflation rises to 10.3 percent in August


September 18th, 2012 - 3:37 pm ICT by IANS
New Delhi, Sep 18 (IANS) India's retail inflation rose to double digits at 10.3 percent in August as compared to 9.86 percent in the previous month owing to a sharp ... Read more...

Posted in Business |

Rs.17,000 crore released into banking system; retail interest rates expected to fall (Roundup)


September 17th, 2012 - 11:22 pm ICT by IANS
Mumbai, Sep 17 (IANS) The Reserve Bank of India (RBI) Monday kept key interest rates unchanged, but cut the cash reserve ratio (CRR) releasing Rs.17,000 crore into the banking system ... Read more...

Posted in Business |

US wholesale prices rise


July 14th, 2012 - 2:21 pm ICT by IANS
Washington, July 14 (IANS) US wholesale prices rose slightly in June after a consecutive decline from March through May. The Producer Price Index, which measures price changes at factory gates, ... Read more...

Posted in Business |

South Korean central bank cuts policy rate (Lead)


July 12th, 2012 - 2:19 pm ICT by IANS
Seoul, July 12 (IANS) Bank of Korea (BOK), South Korea's central bank, unexpectedly cut its benchmark interest rate to 3 percent Thursday, lowering the 7-day repo rate for the first ... Read more...

Posted in Business |

South Korean central bank cuts key interest rate


July 12th, 2012 - 2:00 pm ICT by IANS
Seoul, July 12 (IANS) Bank of Korea (BOK), South Korea's central bank, unexpectedly cut its benchmark interest rate to 3 percent Thursday, lowering the 7-day repo rate for the first ... Read more...

Posted in Business |

India’s financial system robust, but risks remain: RBI (Lead)


June 28th, 2012 - 11:00 pm ICT by IANS
Mumbai, June 28 (IANS) India's financial system "remains robust" but challenges to stability have increased in recent months owing to global economic uncertainty and sluggish domestic growth, the Reserve Bank ... Read more...

Posted in Business |

India, China will lead Asia’s growth: IMF (Lead)


April 27th, 2012 - 8:10 pm ICT by IANS
Washington, April 27 (IANS) Even as it lowered India's growth forecast to 6.9 percent this year from 7.1 percent in 2011, the International Monetary Fund (IMF) Friday said led by ... Read more...

Posted in Uncategorized |

US Fed hints at new steps to boost recovery


April 26th, 2012 - 3:40 am ICT by IANS
Washington, April 26 (IANS) US Federal Reserve Chairman Ben Bernanke Wednesday exuded frustration with the slow labor market recovery and hinted that the central bank was poised to take further ... Read more...

Posted in Business |

`South Korean economic indicators weakening’


February 7th, 2012 - 3:03 pm ICT by IANS
Seoul, Feb 7 (IANS) The employment scenario in South Kore continues to improve, but other economic indicators have weakened amid persistent inflation, the finance ministry said Tuesday."Our economy saw employment ... Read more...

Posted in Business |

India’s central bank infuses more money into system (Lead)


January 24th, 2012 - 4:50 pm ICT by IANS
Mumbai, Jan 24 (IANS) After keeping money supply under a tight leash for nearly two years to tame galloping inflation, India's central bank Tuesday took steps to infuse more ... Read more...

Posted in Business |

India’s central bank infuses more money in system


January 24th, 2012 - 2:41 pm ICT by IANS
New Delhi, Jan 24 (IANS) After nearly two years of tight check on money supply to tame inflation, India's central bank took steps Tuesday to infuse more liquidity in the ... Read more...

Posted in Business |

South Korea’s consumer confidence falls


December 27th, 2011 - 2:37 pm ICT by IANS
Seoul, Dec 27 (IANS) South Korea's consumer confidence fell to a three-month low in December amid easing inflation expectations, the central bank said Tuesday.Consumer sentiment index (CSI), which gauges consumers' ... Read more...

Posted in Business |

`Downside risks to South Korean economy remain high’


December 8th, 2011 - 1:34 pm ICT by IANS
Seoul, Dec 8 (IANS) Downside risks to the South Korean economy remained high due to external uncertainties such as Europe's debt crisis and economic slowdown in major economies, the central ... Read more...

Posted in Uncategorized |

No direct link between rate hike and inflation: Pranab


November 29th, 2011 - 6:16 pm ICT by IANS
New Delhi, Nov 29 (IANS) With inflation remaining stubbornly near double digits in the last two years despite an aggressive monetary tightening policy by the Reserve Bank of India ... Read more...

Posted in Business |

South Korea’s consumer confidence rises


November 24th, 2011 - 2:24 pm ICT by IANS
Seoul, Nov 24 (IANS) South Korea's consumer confidence rose to six-month high in November amid easing inflation expectations, the central bank said Thursday.Consumer sentiment index (CSI), which gauges consumers' overall ... Read more...

Posted in Business |

RBI hints at more monetary action to curb inflation


November 22nd, 2011 - 8:25 pm ICT by IANS
Hyderabad, Nov 22 (IANS) Reserve Bank of India (RBI) Governor D. Subbarao Tuesday did not rule out further monetary action to curb inflation.He said monetary steps may be warranted in ... Read more...

Posted in Business |

Inflation-focussed RBI hikes rates again, may hold off another revision


October 25th, 2011 - 5:57 pm ICT by IANS
Mumbai, Oct 25 (IANS) The Reserve Bank of India (RBI) Tuesday hiked key interest rates by 25 basis points -- the 13th straight increase to curb inflation -- but added ... Read more...

Posted in Uncategorized |

China faces price rise pressure


September 25th, 2011 - 5:44 pm ICT by IANS
Beijing, Sep 25 (IANS) China faces the pressure of price rise and capital inflows in the short term while its economic outlook remains positive, central bank governor Zhou Xiaochuan has ... Read more...

Posted in Business |

Stage appears set for another rate hike by India’s central bank


July 26th, 2011 - 10:52 am ICT by IANS
Mumbai, July 26 (IANS) With headline inflation still above the comfort zone, the Indian central bank appeared set to announce another rate hike at 11 a.m. Tuesday, the 11th since ... Read more...

Posted in Business |

RBI says high inflation may continue, rate hike likely


July 25th, 2011 - 7:33 pm ICT by IANS
Mumbai, July 25 (IANS) The Reserve Bank of India (RBI) Monday said the upward pressures on food and overall inflation may remain in the short-term, signalling another rate hike when ... Read more...

Posted in Business |

Highlights of mid-quarter review of RBI monetary policy


June 16th, 2011 - 2:58 pm ICT by IANS
Mumbai, June 16 (IANS) Following are the highlights of the mid-quarter review of the monetary policy by the Reserve Bank of India Thursday:-- Repo rate hiked by 50 basis points ... Read more...

Posted in Business |

Markets unfazed after expected rate hike (Lead)


June 16th, 2011 - 1:54 pm ICT by IANS
Mumbai, June 16 (IANS) Indian equities markets were largely unchanged Thursday noon after the Reserve Bank of India, predictably, hiked the repo rate by 25 basis points -- the ... Read more...

Posted in Business |

Duel with inflation continues, RBI hikes rate again


June 16th, 2011 - 1:48 pm ICT by IANS
Mumbai, June 16 (IANS) Continuing its hawkish monetary stance to curb high inflation, the Reserve Bank of India (RBI) Thursday hiked short-term lending rates by 25 basis points, the tenth ... Read more...

Posted in Business |

No respite from price rise: RBI survey


June 11th, 2011 - 6:51 pm ICT by IANS
Mumbai, June 11 (IANS) Inflation is expected to remain stubbornly high in the current quarter and rise further by the end of this fiscal, led by soaring prices of essential ... Read more...

Posted in Business |

Highlights of monetary policy unveiled by India’s central bank


May 3rd, 2011 - 2:09 pm ICT by IANS
Mumbai, May 3 (IANS) Following are the highlights of the monetary policy for this fiscal unveiled by the Reserve Bank of India (RBI) Governor D. Subbarao Tuesday:-- Repo rate ... Read more...

Posted in Business |

Emerging economies leading global recovery: IMF


April 11th, 2011 - 9:12 pm ICT by IANS
Washington, April 11 (IANS) As global recovery continues, the International Monetary Fund (IMF) expects the world economy to grow at about 4.50 percent in both 2011 and 2012 with emerging ... Read more...

Posted in Uncategorized |

Households do not see respite from rising prices


October 14th, 2010 - 9:50 am ICT by IANS
Mumbai, Oct 14 (IANS) Households do not expect a respite from rising prices in the near future and a majority of them see at least one percentage point rise in general inflation ... Read more...

Posted in Business |

Monetary tightening to continue till inflation comes down: RBI


July 26th, 2010 - 7:26 pm ICT by IANS
Mumbai, July 26 (IANS) The Reserve Bank of India (RBI) Monday said the tightening of the country's monetary policy would need to continue till inflation was brought down, indicating an upward revision ... Read more...

Posted in Business |

British airways tries saving merger deal with Iberia


June 23rd, 2010 - 1:38 pm ICT by IANS
By Venkata Vemuri London, June 23 (IANS) British Airways (BA) has inched closer to a merger with Spanish national carrier Iberia after striking a deal with its pension trustees to neutralise its pensions ... Read more...

Posted in Business |

China bans citizens from buying third home


April 30th, 2010 - 6:18 pm ICT by IANS
Beijing, April 30 (IANS) China Friday banned its citizens from buying "more than one secondary home" in an effort to curb soaring property prices. The government also ordered the implementation of policies that ... Read more...

Posted in Business |

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...

Posted in Business |

RBI hints at rate hike in annual monetary policy


April 19th, 2010 - 7:58 pm ICT by IANS
Mumbai, April 19 (IANS) The Reserve Bank of India (RBI) Monday hinted at a hike in key interest rates to keep inflation in check while predicting a faster 8.2 percent growth in ... Read more...

Posted in Business |

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...

Posted in Business |

Reserve Bank of India hopes to contain inflation


February 19th, 2010 - 1:19 pm ICT by ANI
Patna, Feb 19 (ANI): Reserve Bank of India Governor Duvvuri Subbarao has said measures taken by the central bank to check inflation will prove fruitful in the long term."We have raised the ... Read more...

Posted in National |

IMF asks out of woods India to go for financial sector reforms


February 4th, 2010 - 10:17 pm ICT by IANS
By Arun Kumar Washington, Feb 4 (IANS) Noting that India's rapid recovery from the global financial crisis has brought fiscal and monetary policy trade-offs to a head earlier than in other countries, ... Read more...

Posted in Business |

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