More steps in offing to boost growth, says Chidambaram
The government will take more policy steps in the next one-and-half months to revive growth, Finance Minister P Chidambaram said while appreciating the RBI's initiative to unlock Rs 17,000 crore of
CRR cut a welcome step in right direction, says Montek
Lauding the RBI's decision to cut Cash Reserve Ratio (CRR), Planning Commission Deputy Chairman Montek Singh Ahluwalia on Monday said it would have a positive impact on the system and boost confidence
Sensex up for 9th day, gains 78 points to touch fresh 14-month high
Rising for ninth straight day, the Sensex on Monday gained 78 points climbing a fresh 14-month high on buying in capital goods, banks and power shares with RBI cutting cash reserve ratio by 0.25 pe
Analysts says CRR cut indicates RBI's concern on growth
Analysts and economists have welcomed the RBI decision to keep the rates unchanged in view of the sticky inflation and increase the liquidity with a marginal CRR cut, saying an interest reduction is a
RBI to keep rates steady as inflation jumps: Reuters Poll
The government may have swallowed a bitter pill and raised diesel prices despite resistance from allies and the opposition, but Friday's high inflation figure means the central bank is unlikely to be
Fed seen launching fresh stimulus, details in question
The US Federal Reserve appears set to launch a third round of unconventional monetary stimulus on Thursday while signaling that a weak U.S. economy may warrant ultra-low interest rates for at least an
Asian markets rise ahead of US Fed meeting
Asian markets rose and the dollar remained subdued against the yen on Wednesday ahead of a US Federal Reserve meeting most economists expect will deliver fresh stimulus to kickstart the economy.
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Liquidity position is comfortable, RBI says ahead of policy review
Reserve Bank on Monday said the liquidity situation currently is comfortable and indicated that monetary policy action in the forthcoming mid-quarterly review next week would depend on latest developm
India’s economic growth languishes, worst may be over
India's economic growth languished near its slowest in three years in the quarter that ended in June but was slightly better than expected, signalling the worst may be over for Asia's third largest economy and dashing investor hopes of an early rate cut.
A 'close call' on more Fed's monetary easing
When Federal Reserve policymakers meet next month to decide whether to take action to boost the economy, it will be a 'close call,' a top Fed official said on Thursday on the eve of a speech by chairm