Apr 02, 2014 at 13:22 | Source: Moneycontrol.com
The Reserve Bank of India (RBI), in its first bi-monthly policy statement, held the repo rate at 8%.The central bank reiterated its resolve to bring down and sustain CPI (consumer price index) inflation below 8% by January 2015, and further to 6% by January 2016.
Apr 01, 2014 at 13:00 | Source: Moneycontrol.com
Natco Pharma tanks over 15 percent after US Supreme Court agreed to review a request by Teva. Rajan says the 'only surprise is lack of surprise' and cautions inflation risks could resurface.
Apr 01, 2014 at 11:00 | Source: Moneycontrol.com
The market is volatile as the Reserve Bank of India kept key rates unchanged in its monetary review. The Sensex is down 31.09 points at 22355.18, and the Nifty is down 7.30 points at 6696.90.
Apr 01, 2014 at 09:29 | Source: Moneycontrol.com
Titan Company stock will be in focus today after the finance minister yesterday said that they will consider some relaxation in gold imports. This will be in consultation with RBI after the monetary policy review today.
Mar 30, 2014 at 13:04 | Source: PTI
The Reserve Bank's monetary policy review this week will dictate the near-term trend on the bourses, say experts.
Feb 24, 2014 at 09:30 | Source: PTI
"I don't think we can proceed forward saying everybody is in their own boat and they sink or swim alone," he said in reference to the need for advanced nations, like the US, to take heed of countries vulnerable to the stimulus withdrawal.
Feb 18, 2014 at 10:14 | Source: PTI
Only two members called for a hike in interest rates citing the pressures on inflation, while one asked for the key repo rate to be cut to accommodate concerns on growth while a majority four members asked for a status quo during the meeting on January 20.
Jan 28, 2014 at 18:40 | Source: Moneycontrol.com
CRISIL has come out with its monetary policy review. The future course of monetary policy will now be determined by the forecasts of CPI inflation, the new nominal anchor. We expect CPI inflation to average 8.5 percent during 2014-15, says the report.
Jan 28, 2014 at 13:07 | Source: Moneycontrol.com
In its third quarter review of monetary policy, the Reserve Bank of India surprises street by hiking repo rate by 25 basis points, reversing market expectation that the central bank will hold rates.
Jan 28, 2014 at 12:24 | Source: Moneycontrol.com
Reserve Bank of India in its third quarter monetary policy review hiked repo rate, the rate at which banks borrow money from RBI, by 25 basis points to 8 percent. Accordingly, reverse repo rate, at which RBI borrows money from banks, increased by 25 basis points.