Reserve Bank
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
SBI cuts fixed deposit rates by 0.5-1%
Country's largest bank SBI on Wednesday announced reduction in interest rate on fixed deposits by 0.5 per cent for most of the maturity periods, a move likely to be followed by other lenders.
How
Morgan Stanley cuts India growth forecast to 5.1% in fiscal 2013
Morgan Stanley cut India's economic growth forecast to 5.1 per cent on Monday, the lowest among most private forecasters for the 2012-13 fiscal year, citing a combination of weak external demand, low
Morgan Stanley cuts India growth forecast to 5.1% in fiscal 2013
Morgan Stanley cuts India's economic growth forecast to 5.1 per cent on Monday, the lowest among most private forecasters for the 2012-13 fiscal year, citing a combination of weak external demand, low
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.
India's economy posts 5.5% quarterly growth, beats forecasts
India's economy accelerated slightly in the April-June quarter from a year ago, growing by 5.5 per cent and beating market forecasts, official data showed on Friday.
The figure, better than market ex
Little growth sacrifice inevitable to rein in prices: Subbarao
As India seeks to control high inflation, RBI Governor D. Subbarao has said a little sacrifice in growth is 'inevitable' amid efforts to bring down prices to acceptable levels.
Subbarao said cr
Baby steps to bank reforms unlikely to bring cheer
India's plan to increase voting rights for shareholders in banks would improve management and corporate governance and draw more investment, but it falls short of lifting ownership restrictions or rel
Economic growth veers around industrial performance: Gokarn
Reserve Bank Deputy Governor Subir Gokarn on Saturday said the economic growth of the country has been characterised by the variability of the industrial sector's performance.
"Experience of high
Inflation near 3-year low, RBI seen unmoved
India's wholesale inflation unexpectedly fell in July to a near three-year low but economists doubt the drop will be enough to persuade the RBI to cut interest rates at its September meeting to try to
