Economy

May trade deficit widens on high gold imports  

17 Jun 2013, 12.45 pm  |  Source: Reuters

India has been struggling to control the current account deficit that hit an all-time high of 6.7 percent of GDP in the December quarter. The deficit ...

Highlights: RBI holds rates, inflation still a concern  

17 Jun 2013, 12.39 pm  |  Source: Reuters

The RBI also called for vigilance over global economic uncertainty, citing the risks of a reversal of capital flows from emerging markets. Such outflo...

RBI may cut rates by 50 bps in Sep-Dec; rupee key: Nomura  

17 Jun 2013, 12.17 pm  |  Source: Moneycontrol.com

While growth-inflation dynamics still call for rate cuts, INR (rupee) volatility and the ensuing concerns on financing the current account deficit ar...

Why RBI is reluctant to cut rates despite weak growth  

17 Jun 2013, 12.01 pm  |  Source: Moneycontrol.com

Upside pressures on the way forward from the pass-through of rupee depreciation, recent increases in administered prices, pose risks of second-round e...

Only durable easing of inflation will allow rate cuts: RBI  

17 Jun 2013, 11.39 am  |  Source: Moneycontrol.com

RBI's key concern is the high food inflation, which has not been declining in line with the non-food and WPI inflation. In addition, the rupee depreci...

RBI Credit Policy: No rate cut; Subbarao says inflation has to fall first  

17 Jun 2013, 11.00 am  |  Source: Moneycontrol.com

The Reserve Bank of India (RBI) in its June mid quarter monetary policy on Monday left its key policy (repo) rate unchanged at 7.25 percent. CRR remai...

RBI likely to hold rates, eyeing rupee, c/a deficit  

17 Jun 2013, 10.29 am  |  Source: Reuters

A Reuters poll showed 28 of 38 analysts expected the RBI to hold the repo rate at 7.25 percent, while 30 of 34 expect banks' cash reserve ratio, which...

No rate cut today, rupee eyed: CNBC-TV18 poll   

17 Jun 2013, 8.57 am  |  Source: CNBC-TV18

If the RBI were to in any form indicate that they were extremely unhappy with the rupee movement to 59/USD or indicate their discomfort that will be s...

Monsoon rains cover India early, boost crop hopes  

17 Jun 2013, 8.51 am  |  Source: Reuters

The rains are crucial for farm output and economic growth as about 55 percent of the south Asian nation's arable land is rain-fed. The farm sector acc...

Cheap foreign loans spur India's outbound M&A march  

17 Jun 2013, 8.32 am  |  Source: Reuters

INDIA-MA-LOANS:Cheap foreign loans spur India's outbound M&A march...

Pressure mounting on RBI to cut rates on June 17: Experts  

16 Jun 2013, 11.29 am  |  Source: PTI

Pressure is mounting on the Reserve Bank of India, both by industry and banks, to cut policy interest rate as well as cash reserve ratio on June 17 to...

RBI cut rate unlikely on Mon; growth to take centrestage   

15 Jun 2013, 3.24 pm  |  Source: CNBC-TV18

Most experts believe that given the risk of further depreciation in rupee the central bank would avoid cutting repo rate in June, but may provide a ca...

India Day @ Oxford: Three key takeaways   

15 Jun 2013, 1.05 pm  |  Source: Moneycontrol.com

The inaugural India Day @ Oxford took place at an old world hotel located right in front of imposing Ashmolean Museum at Oxford. The overarching theme...

Good news! Monsoon seen covering India before mid-July  

15 Jun 2013, 11.58 am  |  Source: IBNLive.com

According to the India Meteorological Department (IMD), the country will receive 101 percent of the long-term average rainfall in July and 96 percent ...

Falling rupee will delay interest rate cuts, says Crisil  

15 Jun 2013, 11.46 am  |  Source: PTI

Ratings agency Crisil said that the RBI may pause further repo cuts due to the impact of the sliding rupee on the inflation after some time....

New roadblocks for Goods and Services Tax   

14 Jun 2013, 10.29 pm  |  Source: CNBC-TV18

More roadblocks have cropped up for Goods and Services Tax (GST). The finance ministry itself is having some sort of a rethink, the Prime Minister ha...

RBI can consider low inflation in policy decision: Montek  

14 Jun 2013, 9.05 pm  |  Source: PTI

"Certainly, 4.7 percent for the month is better than we had expected. I think it does indicate that there is distinct downturn on inflation which is w...

WPI inflation may jump to 6% if rupee ends yr at 57: Crisil  

14 Jun 2013, 8.28 pm  |  Source: Moneycontrol.com

Inflation may change its current direction if the rupee ends 2013-14 at 57 to a dollar, against our current expectations of 54 to a dollar. In this sc...

Will RBI credit policy reduce CRR by 25 bps?  

14 Jun 2013, 8.01 pm  |  Source: Moneycontrol.com

The Reserve Bank of India (RBI) is unlikely to reduce the policy (repo) rate in its mid quarter monetary policy to be announced on June 17. The deprec...

Plan Comm expects CAD to ease in FY14 on lower gold demand  

14 Jun 2013, 7.54 pm  |  Source: PTI

The Planning Commission expects Current Account Deficit (CAD) to ease in the current fiscal with moderation in demand for gold....

Rupee fall won't arrest sliding inflation: Pronab Sen   

14 Jun 2013, 7.03 pm  |  Source: CNBC-TV18

The rupee's dramatic fall against the dollar, former adviser planning commission, Pronab Sen says, will have a muted effect on the inflationary expect...

India Day @ Oxford: India has not used its powers fully, says Lord Patten   

14 Jun 2013, 6.54 pm  |  Source: Moneycontrol.com

India should become a super democracy, and a super country, and it's not the same as being a super power, said Lord Patten, chancellor of Oxford Unive...

Expect more reforms in Jun-July: Chidambaram    

14 Jun 2013, 4.18 pm  |  Source: Moneycontrol.com

Chidambaram says the measures taken by the government since August have been successful in bringing down inflation and the fiscal deficit. He added th...

WPI down but FY14 growth at risk; rupee a worry: Experts   

14 Jun 2013, 2.24 pm  |  Source: CNBC-TV18

The inflation data of May clearly indicates that demand both on industrial and consumer front has been severely impacted which poses a downward risk t...

India Day @ Oxford: Is parliamentary democracy facing credibility crisis?   

14 Jun 2013, 1.23 pm  |  Source: Moneycontrol.com

The big themes that will be discussed include India's political power, its enterprise culture and its changing role in world stage. ...

May WPI inflation eases to 4.7%  

14 Jun 2013, 12.19 pm  |  Source: Moneycontrol.com

May's reading, the lowest in more than three years, was less than the 4.8 percent estimated by analysts in a CNBC-TV18 poll. ...

Weak rupee to refuel inflation by year-end: Bank of S'pore   

14 Jun 2013, 12.14 pm  |  Source: CNBC-TV18

Richard Jerram of Bank of Singapore told CNBC-TV18 that he expected the wholesale price index (WPI) to be less than 5 percent. He expects the rupee to...

No cartel on rate cut, but have to answer shareholders: SBI   

14 Jun 2013, 11.47 am  |  Source: CNBC-TV18

It is not cartelisation or a wilful action on the part of banks not to pass cuts, said Diwakar Gupta, Managing Director, State Bank of India adding th...

FSLRC chairman highlights challenges for super regulator   

13 Jun 2013, 10.32 pm  |  Source: CNBC-TV18

FSLRC chairmanSrikrishna said that hiring manpower for a unified regulator will be the biggest challenge. ...

Infosys under Sebi scanner over May 31 stock price spike  

13 Jun 2013, 10.18 pm  |  Source: CNBC-TV18

Sebi is asking Infosys for details like who all were aware of the board meeting and the agenda because that's what could have led to the spike in shar...