tight monetary policy

Experts’ views on RBI monetary policy review


July 31st, 2012 - 7:40 pm ICT by IANS
Mumbai, July 31 (IANS) The Reserve Bank of India (RBI) kept key policy rates unchanged in the first quarter review of monetary policy announced Tuesday. Following are the comments from ... Read more...

Posted in Business |

Economy will turn around in 2012-13: Pranab


June 11th, 2012 - 8:11 pm ICT by IANS
New Delhi, June 11 (IANS) Finance Minister Pranab Mukherjee said Monday "necessary steps" are being taken to put India back on the growth path and the economy would turn ... Read more...

Posted in Business |

Economy will turn around in 2012-13: Pranab


June 11th, 2012 - 8:11 pm ICT by IANS
New Delhi, June 11 (IANS) Finance Minister Pranab Mukherjee said Monday "necessary steps" are being taken to put India back on the growth path and the economy would turn ... Read more...

Posted in Business |

Factors leading to slowdown have bottomed out: Mukherjee


May 31st, 2012 - 6:22 pm ICT by IANS
New Delhi, May 31 (IANS) Union Finance Minister Pranab Mukherjee Thursday said the Indian economy was set to recover as most of the factors leading to the sharp drop ... Read more...

Posted in Business |

‘Slow global recovery biggest uncertainty for China’


March 12th, 2012 - 1:58 pm ICT by IANS
Beijing, March 12 (IANS) The governor of China's central bank Monday said a slow world recovery process and the unstable economic and financial situation in Europe will be the biggest ... Read more...

Posted in Business |

Global uncertainty affecting India: Pranab


February 21st, 2012 - 6:56 pm ICT by IANS
New Delhi, Feb 21 (IANS) Global financial problems, besides a tight monetary policy, are affecting the Indian economy and a slowdown in external demand has led to a decline ... Read more...

Posted in Business |

Food inflation slips sharply to 4.35 percent


December 15th, 2011 - 1:57 pm ICT by IANS
New Delhi, Dec 15 (IANS) India's annual food inflation fell sharply to 4.35 percent for the week ended Dec 3, the lowest in nearly four years, as prices of onion, ... Read more...

Posted in Business |

November headline inflation at 9.11 percent


December 14th, 2011 - 1:47 pm ICT by IANS
New Delhi, Dec 14 (IANS) India's annual inflation based on wholesale prices continued to remain at elevated levels, official data released Wednesday showing it at 9.11 percent in November.Expectations of ... Read more...

Posted in Business |

Food inflation falls to 39-month low of 6.6 percent


December 8th, 2011 - 8:22 pm ICT by IANS
New Delhi, Dec 8 (IANS) India's annual food inflation fell sharply to 6.60 percent for the week ended Nov 26, the lowest in nearly three-and-a-half years, as onion, potato, vegetables ... Read more...

Posted in Business |

No tight monetary policy once inflation softens: Rangarajan


November 5th, 2011 - 11:02 pm ICT by IANS
Chennai, Nov 5 (IANS) The Reserve Bank of India (RBI) may reverse its tight monetary policies once inflation softens, said top economist C. Rangarajan Saturday."By December-January, the inflation would break ... Read more...

Posted in Business |

Police rates hiked to tame inflation: RBI


August 12th, 2011 - 7:17 pm ICT by IANS
New Delhi, Aug 12 (IANS) Inflation would have spiralled out of control had the Reserve Bank of India (RBI) not adopted an aggressive monetary tightening policy and hiked the key ... Read more...

Posted in Uncategorized |

India to grow 8.2 percent, inflation to ease: PM panel (Lead)


August 1st, 2011 - 4:44 pm ICT by IANS
New Delhi, Aug 1 (IANS) Inflation will ease to around 6.5 percent by the end of this fiscal, the Prime Minister's Economic Advisory Council said Monday, projecting the country's growth ... Read more...

Posted in Business |

Highlights of Prime Minister’s Economic Advisory Council report


August 1st, 2011 - 2:25 pm ICT by IANS
New Delhi, Aug 1 (IANS) Highlights of the Prime Minister's Economic Advisory Council report on India's economy released Monday:-- Country's growth pegged at 8.2 percent for 2011-12-- Inflation to ease ... Read more...

Posted in Business |

China’s corporate performance declines by 4.2 points


April 9th, 2011 - 1:43 pm ICT by ANI
Beijing, Apr.9 (ANI): China's National Bureau of Statistics (NBS) has said the Business Climate Index, the main indicator of corporate performance, has declined by 4.2 points to 133.8 in the first quarter ... Read more...

Posted in World |

Rangarajan calls for tight monetary policy to deal with inflation


February 21st, 2011 - 6:19 pm ICT by ANI
New Delhi, Feb 21 (ANI): Dr. C. Rangarajan, the chairman of the Prime Minister's Economic Advisory Council, today said India needed a tight monetary and fiscal policy to deal with high inflation.Releasing ... Read more...

Posted in Business |

RBI urged to hold off rate hike as industry output slows


February 11th, 2011 - 5:25 pm ICT by IANS
New Delhi, Feb 11 (IANS) Leading industry chambers Friday urged India's central bank not to raise interest rates again after data showed that India's industrial output in December 2010 grew at ... Read more...

Posted in Business |

Dalda owner Bunge to double trade finance business in India


January 30th, 2011 - 3:30 pm ICT by IANS
By Gyanendra Kumar Keshri New Delhi, Jan 30 (IANS) The US-based agro-business major Bunge, which bought the popular Dalda brand of vegetable oils in 2003, has targeted to double its trade finance business ... 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 |

SBI raises lending, deposit rates; loans to get costlier


August 16th, 2010 - 7:53 pm ICT by IANS
New Delhi, Aug 16 (IANS) State Bank of India said Monday it will raise benchmark prime lending rate by 50 basis points and deposit rates by 25 to 150 basis points ... Read more...

Posted in Business |

Mukherjee, banks differ on liquidity, rate hike plan


August 14th, 2010 - 9:06 pm ICT by IANS
New Delhi, Aug 14 (IANS) Finance Minister Pranab Mukherjee said Saturday that banks will not raise their interest rates in response to the Reserve Bank of India's (RBI) tight monetary policy ... Read more...

Posted in Business |

Rate hike will hurt: Industry


July 27th, 2010 - 6:57 pm ICT by IANS
New Delhi, July 27 (IANS) India Inc Tuesday said the Reserve Bank of India's decision to raise the reverse repo rates by 50 basis points (bps) would hurt the manufacturing sector. The ... Read more...

Posted in Business |

Prime minister’s economic council projects 6.5 percent growth (Lead)


October 21st, 2009 - 4:11 pm ICT by IANS
New Delhi, Oct 21 (IANS) The Prime Minister's Economic Advisory Council has projected a lower growth of 6.5 percent for the Indian economy during the current fiscal year, due mainly to ... Read more...

Posted in Business |

IMF to clear Pakistan’s $800 mn second tranche


February 26th, 2009 - 12:35 am ICT by IANS
Islamabad, Feb 25 (DPA) The International Monetary Fund (IMF) will approve a second $800 million tranche of its $7.6-billon loan to save Pakistan from defaulting on external payments, a senior official said ... Read more...

Posted in Uncategorized |

India’s inflation rate dips further to 3.92 percent (Lead)


February 19th, 2009 - 6:34 pm ICT by IANS
New Delhi, Feb 19 (IANS) India's annual rate of inflation dipped further to 3.92 percent during the week ended Feb 7, from 4.39 percent the week before, official data showed Thursday. The inflation ... Read more...

Posted in Uncategorized |

Inflation rate drops again, now at 5.91 percent (Lead)


January 9th, 2009 - 3:53 pm ICT by IANS
New Delhi, Jan 9 (IANS) India's annual rate of inflation continued its downward trend, falling further to 5.91 percent for the week ended Dec 27, from 6.38 percent the week before, official ... Read more...

Posted in Uncategorized |

Inflation drops further to 6.38 percent (Lead)


January 1st, 2009 - 7:01 pm ICT by IANS
New Delhi, Jan 1 (IANS) India's annual rate of inflation dipped further to 6.38 percent for the week ended Dec 20 from 6.61 percent the week before, official data released Thursday said.The ... Read more...

Posted in Uncategorized |

Inflation drops further to 6.84 percent (Lead)


December 18th, 2008 - 8:20 pm ICT by IANS
New Delhi, Dec 18 (IANS) India's annual rate of inflation dropped further to 6.84 percent for the week ended Dec 6 from 8 percent the week before, government data showed Thursday.The sharp ... Read more...

Posted in Uncategorized |

Second stimulus package needed to boost IIP: India Inc


December 12th, 2008 - 8:06 pm ICT by IANS
New Delhi, Dec 12 (IANS) Industrial production will continue to fall if the government did not give another second stimulus package to prop up stressed sectors, especially manufacturing, the corporate world said ... Read more...

Posted in Business |

India’s inflation drops further to 8.9 percent (Lead)


November 20th, 2008 - 4:13 pm ICT by IANS
New Delhi, Nov 20 (IANS) Helped by a drop in prices of fuels and manufactured products, India's annual rate of inflation fell further to 8.9 percent for the week ended Nov 8, ... Read more...

Posted in Business |

India’s inflation rate in single digit after 21 weeks (Lead)


November 13th, 2008 - 6:20 pm ICT by IANS
New Delhi, Nov 13 (IANS) India's annual rate of inflation fell sharply to 8.98 percent for the week ended Nov 1, from 10.72 percent for the week before, in a development that ... Read more...

Posted in Uncategorized |

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