Oct 22, 2014 at 19:47 | Source: PTI
The minutes of the Technical Advisory Committee (TAC) on monetary policy held prior to the RBI's fourth Bi-monthly Monetary Policy on September 30 revealed that four out of seven external members favoured reduction in repo rate.
Oct 20, 2014 at 09:45 | Source: Reuters
RBI may cut rates 2-3 quarters ahead of consensus expectations on the back of these developments, says Motilal Oswal.
Oct 19, 2014 at 15:34 | Source: PTI
On Saturday, in a much-awaited reform, the government deregulated diesel prices that resulted in a price cut of Rs 3.37 a litre. Retail rates of the fuel will now reflect international movement in oil prices.
Oct 16, 2014 at 17:39 | Source: Reuters
The bank cut the base lending rate "as the cost of fund has eased due to softening of interest rates based on improving liquidity and other macroeconomic developments," Sidharth Rath, the bank's president of treasury, business banking and capital markets, said in a statement, without elaborating.
Oct 15, 2014 at 14:20 | Source: PTI
The former Finance Minister further said that if the government believed "that the decline in the rates of inflation will prove to be a secular decline, it should persuade the RBI to cut the policy rates."
Oct 15, 2014 at 13:22 | Source: PTI
Even though the headline retail inflation has eased to a five-year low of 6.5 percent in September, analysts today said the Reserve Bank is unlikely to cut its key rates in the remaining period this fiscal.
Oct 14, 2014 at 22:34 | Source: CNBC-TV18
The CPI as well as the WPI points to lower inflation. But Reserve Bank governor Raghuram Rajan had pointed out that may be the case on account of a lower base. He may not make any commitment on inflation. Hence it will be very difficult to time the rate cut.
Oct 14, 2014 at 22:15 | Source: PTI
State-owned oil firms, which cut petrol price by 54 paisa on October 1, reduced rates by another Re 1 per litre, excluding local sales tax or VAT, with effect from midnight tonight, Indian Oil Corp (IOC) announced here.
Oct 13, 2014 at 08:59 | Source: CNBC-TV18
Sajjid Chinoy, Asia Economics JPMorgan says that the growth seen in IIP over the past few months has been due to strong exports.
Oct 10, 2014 at 11:56 | Source: CNBC-TV18
In an interview to CNBC-TV18, KR Kamath, CMD, PNB, said the liquidity available in the system is enough to meet credit demand, however the rate cut in retail deposits will depend on the credit rate pick-up.