RBI seeks economists' views as inflation worries persist
The Reserve Bank of India (RBI) on Tuesday reiterated its concerns on inflation and a widening current account deficit in a meeting with economists a week before its annual monetary policy review, acc
Short on tools, central banks left with words
Some of the world's most prominent central bankers may have to hope the pen is as mighty as the sword.
With the Federal Reserve, the European Central Bank and other authorities in industrialised coun
FinMin, RBI to finalise market borrowing programme on March 27
The Finance Ministry and the Reserve Bank of India are likely to finalise the market borrowing programme for the first half of the next financial year on March 27.
"The meeting for deciding the borr
RBI says meeting higher govt borrowing a challenge
The government's debt manager Reserve Bank has said that meeting the enhanced borrowing requirements for the next fiscal, announced in the Budget, will be an uphill task.
"It is going to be a challen
India Inc unhappy over RBI decision to keep rates unchanged
Expressing dissatisfaction over the RBI decision to keep interest rates unchanged, India Inc on Thursday said rate cuts were needed to make the industry invest more and drive economic growth.
"Indust
Subbarao meets FM ahead of RBI's policy review
Ahead of credit policy review and budget, Reserve Bank Governor D. Subbarao on Wednesday met Finance Minister Pranab Mukherjee and is believed to have discussed the macro-economic situation.
The
RBI hints at another CRR cut; rules out SLR reduction
The Reserve Bank on Monday hinted at another reduction in the Cash Reserve Ratio (CRR) of banks to ease the severe liquidity crunch in the system but ruled out a cut in the statutory liquidity ratio
RBI may cut interest rate by 100 bps in 2012: Citi
Inflation is likely to be in the range of 6.5-7.6 per cent during next few months and the moderation is expected to prompt the Reserve Bank to cut policy rates by 100 basis points during 2012, accordi
Fiscal consolidation needed for stimulating growth: RBI
Making a strong case for promoting fiscal consolidation in the forthcoming budget, the Reserve Bank on Monday said that it was necessary to stimulate growth.
"We can't discount the importance of fis
Indian economy will grow 7-7.5 per cent in 2011-12: PM
India's economic growth will decline in the range of 7-7.5 per cent in the current financial year ending March 31 as compared to 8.4 per cent expansion in the previous year, Prime Minister Manmohan Si