RBI's Gokarn: Open market ops not aimed at helping govt
The Reserve Bank of India's choice of securities to buy in open market operations is not aimed at reducing the cost of borrowing for the government but to ensure an adequate supply of liquidity in the
Time to go easy on monetary, tighten fiscal policy: Kotak
Urging India to move ahead with economic reforms to benefit from the changing global dynamics, top banker Uday Kotak has said it is time for the country to go for a tighter fiscal policy and ease i
Reserve Bank to take a call on key rates at mid-quarterly review
Market punters and economists are hoping that the Reserve Bank of India (RBI) will on Friday hold off another rate hike in the wake of slowing growth and negative industrial output.
The RBI will unve
Can't speculate on rate cuts,will ensure enough liquidity: RBI
Reserve Bank Governor D. Subbarao on Friday said he cannot speculate on when he will start cutting policy rates, but assured that the central bank will ensure that there is enough liquidity in the
RBI likely to pause hike in interest rate
Amid declining growth and moderating inflation, the Reserve Bank of India (RBI) is likely to pause hike in interest rate at the mid-quarterly review of the monetary policy on Friday.
RBI, which h
Govt's options to deal with slowdown limited: Pranab
Concerned over the deteriorating global economic situation, Finance Minister Pranab Mukherjee on Wednesday said the government has limited options to combat the slowdown.
Speaking at the Delhi Econom
RBI raised rates despite pause call from panelists
The Reserve Bank of India chief Duvvuri Subbarao pushed ahead with a rate hike at the October monetary policy meeting, overruling a majority of external members of an advisory panel who had argued for
RBI may consider easing rates in Dec on slowing inflation
The Reserve Bank of India (RBI) may consider reversing its tight monetary stance as inflationary woes begin to ebb next month, a top policy adviser said on Saturday.
The RBI has raised interest rates
After petrol price hike, brace for higher interest on loans
After a steep hike in petrol prices, the stage appears set for interest to go up on automobile, housing and corporate loans with the Reserve Bank of India (RBI) widely expected to hike key rates at no
Overall inflation soars to 9.78% in August
Headline inflation inched closer to the double-digit mark in August, rising to 9.78 per cent on the back of soaring prices of food and manufactured products, which may prompt the RBI to continue with