According to Global rating agency Fitch, India, China and Korea — three most powerful emerging Asian economies — are exhibiting delayed effects of tight monetary policies introduced in...
Under attack for not reducing interest rates, RBI Governor D Subbarao held that inflation at current levels is unacceptable and monetary-tightening is need for the hour in order...
After Standard and Poor’s another global rating agency Fitch degraded India’s credit rating outlook to negative. As per Fitch: corruption, inadequate reforms, high inflation and slow growth are...
India Inc is dissatisfied with RBI’s decision of keeping interest rates unchanged As per Assocham, a cut in interest rates may give some boost to the industrial sector...
The government increased Minimum Support Price (MSPs) of primary kharif crops for the 2012-13 by up to 53 % that triggered concerns about further rise in food inflation....
As per the Global financial services firm Moody’s Analytics: Indian economy is going through stagflation, with slow growth and high inflation. RBI can’t be too aggressive in slashing...
As per the FICCI, the economic situation is grave with its low growth, high inflation, high fiscal deficit and the highest ever trade account deficit and it needs...
Minister of State for Finance, Namo Narain Meena held that the government has taken an in-principle decision to link diesel prices with market rates. Yet, there is no...
Background: The Reserve Bank began exiting from the crisis driven expansionary policy in October 2009. Between January 2010 and October 2011, the Reserve Bank cumulatively raised the cash...
The Reserve Bank of India’s third quarter recapitulation of monetary policy was devoid of major surprises. The only change in monetary policy instruments was a cut in the...
The Rupee was on its lowest point in 2 years after September 2009. The sustained fall is not only bad news for importers but is also fuelling inflation,...
Recently, RBI said that it expects economic growth to moderate to 8% or below in 2011-12 due to global uncertainty and rising interest rates. The central bank also...
