monetary policy stance

Kenya’s apex bank cuts benchmark lending rate


September 6th, 2012 - 1:11 pm ICT by IANS
Nairobi, Sep 6 (IANS) Kenya's central bank CBK has slashed benchmark lending rate by 350 basis points to 13.0 percent from the previous 16.5 percent to allow more borrowing from ... Read more...

Posted in Business |

Subbarao sees scope to cut rates in 2012


July 31st, 2012 - 6:17 pm ICT by IANS
Mumbai, July 31 (IANS) Reserve Bank of India (RBI) Governor Duvvuri Subbarao Tuesday said persistent high inflation did not allow the central bank to cut interest rates immediately but there ... Read more...

Posted in Business |

Rate cut to help revive growth, investment: Mukherjee


April 17th, 2012 - 6:57 pm ICT by IANS
New Delhi, April 17 (IANS) The Reserve Bank of India's (RBI) decision to cut policy rates by 0.50 percent for the first time in three years will help revive ... Read more...

Posted in Business |

Shifting focus to growth, RBI infuses Rs.320 bn into system (Roundup)


January 24th, 2012 - 7:34 pm ICT by IANS
Mumbai, Jan 24 (IANS) Departing from its two-year-old tough monetary policy, India's central bank released Rs.32,000 crore (Rs.320 billion/$6 billion) into the country's banking system to incrrease liquidity in ... Read more...

Posted in Business |

India’s central bank halts rate hikes on lower inflation (Lead)


December 16th, 2011 - 3:22 pm ICT by IANS
Mumbai, Dec 16 (IANS) India's central bank Friday kept key interest rates unchanged - after as many as 13 successive hikes since early 2010 - in a bid to ... Read more...

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Higher food prices push inflation to 9.73 percent


November 14th, 2011 - 8:22 pm ICT by IANS
New Delhi, Nov 14 (IANS) A rise in prices of food articles, notably lentils, rice, milk, condiments, fruits and vegetables marginally pushed India's annual rate of inflation to 9.73 ... Read more...

Posted in Business |

RBI’S interest rate hikes for taming inflation: Meena


August 5th, 2011 - 8:22 pm ICT by IANS
New Delhi, Aug 5 (IANS) Interest rate hikes by the Reserve Bank of India (RBI) were meant to control inflation even though it resulted in higher cost of borrowing, Minister ... Read more...

Posted in Uncategorized |

Inflation forces India’s central bank to hike rates again (Roundup)


May 3rd, 2011 - 7:34 pm ICT by IANS
Mumbai, May 3 (IANS) Corporate and consumer loans could become dearer as India's central bank Tuesday hiked its short-term lending rate by 50 basis points, pegged the borrowing rate ... Read more...

Posted in Business |

Inflation forces another rate hike by India’s central bank (Lead)


May 3rd, 2011 - 1:34 pm ICT by IANS
Mumbai, May 3 (IANS) Laying emphasis on curbing inflation over growth, India's central bank hiked its short-term lending rate by 50 basis points and said the borrowing rate shall ... Read more...

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Low fiscal deficit will boost private investment: Mukherjee


March 4th, 2011 - 8:23 pm ICT by IANS
New Delhi, March 4 (IANS) Low market borrowings by the government and reduced fiscal deficit in the upcoming fiscal year will boost private investment and help reduce the public ... Read more...

Posted in Business |

India back on pre-recession growth path: World Bank


February 23rd, 2011 - 10:21 am ICT by IANS
By Arun Kumar Washington, Feb 23 (IANS) The Indian economy appears to be back to the growth trend before the global financial crisis with particularly strong GDP growth over the first half of ... Read more...

Posted in Business |

India back on pre-recession growth trend: World Bank


February 22nd, 2011 - 11:49 pm ICT by IANS
By Arun Kumar Washington, Feb 22 (IANS) The Indian economy seems to be back to the growth trend before the global financial crisis with particularly strong GDP growth over the first half of ... Read more...

Posted in Business |

India’s central bank marginally eases monetary policy


December 16th, 2010 - 2:06 pm ICT by IANS
Mumbai, Dec 16 (IANS) With inflation on the decline, India's central bank Thursday eased its monetary policy marginally by lowering the amount commercial banks have to retain as cash, gold or government ... Read more...

Posted in Business |

RBI hikes key interest rates by 25 basis points


November 2nd, 2010 - 1:22 pm ICT by IANS
Mumbai, Nov 2 (IANS) The Reserve Bank of India (RBI) Tuesday hiked its short-term borrowing and lending rates by 25 basis points, continuing with its tight monetary policy stance to tame inflation, ... Read more...

Posted in Business |

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...

Posted in Business |

India’s central bank to review monetary policy Tuesday


October 29th, 2010 - 5:22 pm ICT by IANS
Mumbai, Oct 29 (IANS) The Reserve Bank of India (RBI) will conduct its quarterly review of the monetary policy for this fiscal Tuesday amid hopes that policy rates, already hiked five ... Read more...

Posted in Business |

India’s annual food inflation creeps up to 15.46 percent


September 23rd, 2010 - 2:20 pm ICT by IANS
New Delhi, Sep 23 (IANS) India's annual food inflation rose further to 15.46 percent for the week ended Sep 11, after rising dramatically by almost four percentage points to 15.1 percent during ... Read more...

Posted in Business |

India’s annual food inflation balloons to over 15 percent


September 16th, 2010 - 2:50 pm ICT by IANS
New Delhi, Sep 16 (IANS) India's annual food inflation shot up to 15.1 percent for the week ended Sep 4 from 11.47 percent the week before, due primarily to a shift to ... Read more...

Posted in Business |

India’s central bank hikes short-term lending, borrowing rates


September 16th, 2010 - 1:53 pm ICT by IANS
Mumbai, Sep 16 (IANS) India's central bank Thursday hiked its short-term borrowing and lending rates by 50 basis points and 25 basis points respectively, continuing with its tight monetary policy stance since ... Read more...

Posted in Business |

India’s central bank acts on price rise, upbeat on growth (Intro Roundup)


July 27th, 2010 - 7:20 pm ICT by IANS
Mumbai, July 27 (IANS) India's central bank stepped up its attack on rising prices a tad more than expected by hiking two key short-term rates, predicted an eventual increase in interest ... Read more...

Posted in Business |

India’s central bank acts on rising prices, upbeat on growth (Roundup)


July 27th, 2010 - 3:36 pm ICT by IANS
Mumbai, July 27 (IANS) India's central bank stepped up its attack on rising prices a tad more than expected by hiking two key short-term rates while raising its forecast on both ... Read more...

Posted in Business |

India’s central bank hikes key rates to tame inflation


July 27th, 2010 - 1:31 pm ICT by IANS
Mumbai, July 27 (IANS) India's central bank Tuesday stepped up the attack in its battle against rising prices, hiking some key rates in a bid to suck excess money out of the ... Read more...

Posted in Business |

India’s food inflation accelerates to 16.9 percent


June 24th, 2010 - 3:01 pm ICT by IANS
New Delhi, June 24 (IANS) India's annual food inflation moved up faster to 16.9 percent for the week ended June 12 due to higher prices of essential items like pulses, fruits ... Read more...

Posted in Business |

Prices remain high but India’s food inflation drops a tad


June 17th, 2010 - 2:46 pm ICT by IANS
New Delhi, June 17 (IANS) India's annual food inflation fell slightly to 16.12 percent for the week ended June 5 from 16.55 percent for the week before even as prices of ... Read more...

Posted in Business |

Food inflation may rise further but decline eventually: Ahluwalia


June 16th, 2010 - 6:33 pm ICT by IANS
New Delhi, June 16 (IANS) India's annual food inflation may rise over the next few weeks because of the base effect of last fiscal but fall eventually as the situation is ... Read more...

Posted in Business |

Central bank will act on inflation when needed: Mukherjee


June 15th, 2010 - 7:35 pm ICT by IANS
New Delhi, June 15 (IANS) With India's annual inflation rate at double-digits, Finance Minister Pranab Mukherjee Tuesday said the central bank will take appropriate steps when required, raising expectations of an ... Read more...

Posted in Business |

India Inc planned investment jumps 52 percent


October 29th, 2009 - 5:59 pm ICT by IANS
New Delhi, Oct 29 (IANS) With easy access to funds, rising domestic demand and a revival of industrial production, planned investment of corporate India soared 52 percent in the second quarter over ... Read more...

Posted in Business |

Industry welcomes monetary policy, says stimulus still needed


October 27th, 2009 - 9:03 pm ICT by IANS
Mumbai, Oct 27 (IANS) Industry and think tanks Tuesday welcomed the central bank's shift in monetary policy stance, hoping that some parts of the stimulus would be retained as the economic recovery ... Read more...

Posted in Business |

PM satisfied with monetary, fiscal policies


October 25th, 2009 - 7:07 pm ICT by IANS
Hua Hin (Thailand), Oct 25 (IANS) Prime Minister Manmohan Singh said Sunday that the monetary policy was the exclusive domain of the Reserve Bank of India (RBI) and expressed satisfaction with ... Read more...

Posted in Business |

Policy choices becoming ‘complex’ for Reserve Bank


September 29th, 2009 - 4:04 pm ICT by IANS
Mumbai, Sep 29 (IANS) Choices with regards to policy changes like revision of monetary policy are becoming increasingly "complex" for India's central bank as signs of economic recovery continue to be tentative ... Read more...

Posted in Business |

Inflation eases to -1.54 percent


July 30th, 2009 - 2:47 pm ICT by ANI
New Delhi, July 30 (ANI): After a marginal hike in two consecutive weeks inflation fell to (-) 1.54 per cent for the week ended July 18 even as essential food items like ... Read more...

Posted in National |

India not threatened by deflation: Moody’s


June 25th, 2009 - 7:40 pm ICT by IANS
New Delhi, June 25 (IANS) India is not threatened by a deflation spiral that could derail economic development, the economic intelligence arm of global rating agency Moody's said Thursday. "Deflation is generally ... Read more...

Posted in Business |

Tax cut will put more pressure on fiscal deficit: Moody’s


February 25th, 2009 - 2:29 pm ICT by IANS
New Delhi, Feb 25 (IANS) The excise and service tax cut announced by the government Tuesday will heighten concern about India's large public debt and result in higher fiscal deficit, the research ... Read more...

Posted in Uncategorized |

RBI downs repo and reverse repo rate further


December 6th, 2008 - 6:04 pm ICT by ANI
New Delhi , Dec.6 (ANI):The Reserve Bank of India (RBI) in its bid to help out the ailing economy has announced a string of measures , including a one percent point ... Read more...

Posted in National |

Dun & Bradstreet business optimism index down record 28 percent


October 8th, 2008 - 4:05 pm ICT by IANS
New Delhi, Oct 8 (IANS) The Composite Business Optimism Index for India prepared by leading global market tracking and information services firm Dun and Bradstreet (D&B) has fallen by a record 28.1 ... Read more...

Posted in Uncategorized |

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