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 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

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

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

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

HSBC cut its economic growth forecasts for fiscal 2013 and 2014 for India citing 'the lack of reform traction', a more 'challenging' global economic backdrop and expectations the Reserve Bank of India

Stating that the circulation of a large amount of cash in the economy leads to many problems, including corruption, Reserve Bank Deputy Governor H.R. Khan on Thursday said the central bank is focuse

The Reserve Bank of India (RBI) on Tuesday relaxed guidelines for Indian companies to raise money overseas through external commercial borrowings (ECB).

The RBI allowed companies to raise more funds

India's rate of inflation probably picked up in August from July's near three-year low as poor summer rains drove up food prices, a Reuters poll showed, giving the central bank even less room to cut p

P. Chidambaram has a simple message for investors disillusioned by India's policy drift: it is no longer 'business as usual' in the corridors of North Block, the sandstone colonial building that house