May 26, 2011 05:16 PM IST
The Reserve Bank of India has no plans as of now to buy government bonds from the secondary market to support the market or to ease tight liquidity condition given its anti-inflation stance, two RBI officials with direct knowledge told Reuters.
- Apr 18, 2011 09:57 AM IST
Government bond prices were trading down Monday on fear Reserve Bank of India may hike key interest rates by more than 25 basis points at the monetary policy review on May 3 to tame high inflation, bond dealers said.
- Jan 13, 2011 05:41 PM IST
World stocks climbed to a new 28-month high despite weakness in Europe on Thursday while the euro held on to the previous session's gains ahead of key debt auctions in Spain and Italy.
- Jan 08, 2011 10:29 AM IST
The US economy may finally be hitting its stride even if growth remains too weak to put a real dent in the nation's jobless rate, Federal Reserve Chairman Ben Bernanke said on Friday.