Dollar tumbles on dismal US jobs report
The dollar lost 2.0 percent to $1.1364 per euro, and fell 2.1 percent to 106.63 yen.
Jun 04, 2016, 04:21 AM IST
RBI should be allowed to take its own decision: Raghuram Rajan
RBI has been enjoying full autonomy and support of the government so far and it should be allowed to take its own decision, Governor Raghuram Rajan has told the central bank's staff.
May 20, 2016, 22:56 PM IST
Sensex trips 98 points on tighter P-Note norms, weak rupee
A weak trend continued for a third straight session as market benchmark Sensex fell 98 points to 25,301.90 in choppy trade on Friday on sustained foreign fund outflows and selling by domestic investors after regulator Sebi tightened guidelines to check any misuse of P-Notes.
May 20, 2016, 17:10 PM IST
RBI to stay on hold until end-2016: Nomura
The Reserve Bank is unlikely to slash key policy rates until the end of this year as inflation shows no signs of moderating while the 7th Pay Commission hike may add to the rise in prices, says a Nomura report.
May 13, 2016, 19:03 PM IST
Monetary Policy Committee: Govt to nominate 3 independent members soon
The Finance Ministry is in the process of nominating three independent directors to Monetary Policy Committee (MPC) which will fix the benchmark interest rate of the RBI and set inflation targets.
May 10, 2016, 15:01 PM IST
Fed keeps key rate unchanged, noting slower US growth
The Federal Reserve kept its benchmark interest rate unchanged Wednesday citing slower growth in the US economy even as the labor market strengthens.
Apr 28, 2016, 00:05 AM IST
Arun Jaitley, Raghuram Rajan hopeful of lower rates on good monsoon
Government and RBI Tuesday were hopeful of lower interest rates if inflation continues to cool down and monsoon turns out to be good.
Apr 19, 2016, 22:12 PM IST
RBI likely to go for 0.50% rate cut in FY17: Morgan Stanley
The Reserve Bank of India is likely to go for another 50 bps rate cut in the current financial year, global financial services firm Morgan Stanley said Tuesday.
Apr 19, 2016, 18:43 PM IST
'RBI may slash interest rates in August on easing inflationary pressure'
The Reserve Bank is likely to cut key rates by 25 basis points or 0.25 percent in its policy review meeting on August 9, largely owing to benign inflation, low IIP growth and good monsoon forecast, a report says.
Apr 18, 2016, 13:30 PM IST
RBI likely to go for 0.25% rate cut on August 9: BofA-ML
The Reserve Bank is likely to cut key rates by 25 basis points in its policy review meeting on August 9, largely owing to benign inflation, low IIP growth and good monsoon forecast, a report says.
Apr 18, 2016, 12:59 PM IST
Singapore unexpectedly eases policy as growth stalls, currency tumbles
Singapore`s central bank unexpectedly eased policy on Thursday after growth stalled in the first quarter, darkening the outlook for the trade-dependent economy and triggering the worst fall in the local dollar in eight months
Apr 14, 2016, 11:47 AM IST
Fed debated April rate hike but caution reigned due to global fears: Minutes
Federal Reserve policymakers debated last month whether an interest rate hike would be needed in April though a consensus emerged that risks from a global economic slowdown warranted a cautious approach.
Apr 06, 2016, 23:49 PM IST
Transmission of recent rate cut to be more effective: Mundra
A day after the Reserve Bank cut policy rate by 0.25 percent, Deputy Governor S S Mundra today expressed hope that transmission of lower interest rate through banks will be more effective this time.
Apr 06, 2016, 14:22 PM IST
RBI should have cut repo rate by 0.5% to boost growth: Industry
Welcoming the RBI's move to slash key interest rate by 0.25 percent, India Inc on Tuesday said it will improve the cost of credit, even as it pointed out that the time was opportune for the apex bank to go for a bolder 0.5 percent cut to augment growth.
Apr 05, 2016, 15:28 PM IST
RBI sees 7.6% growth in FY17 on favourable monsoon
The Reserve Bank today said it expects the economy to grow by 7.6 percent in the current fiscal on the back of favourable monsoon, a notch lower than the upper end of government's range of 7-7.75 percent.
Apr 05, 2016, 15:27 PM IST
First RBI Monetary Policy Review of FY 16-17: Key Highlights
Know the key highlights of RBI's first bi-monthly monetary policy statement, 2016-17.
Apr 05, 2016, 12:30 PM IST
RBI Monetary Policy Review: Full Text
Read the full text of RBI's first Monetary Policy Review of financial year 2016-17.
Apr 05, 2016, 12:22 PM IST
LIVE RBI Monetary Policy Review: Part of investigative team looking into Panama leaks, says Raghuram Rajan
Zee Media Bureau
The Reserve Bank of India on Tuesday slashed repo rate by 0.25 percent to 6.50 percent in its first bi-monthly monetary policy review.
Apr 05, 2016, 11:54 AM IST
RBI credit policy review: Raghuram Rajan surprises with hike in reverse repo rate
But in a surprise move, the RBI also raised the reverse repo - or the rates lenders charge to the central bank - by 25 basis points to 6.0 percent, while taking measures to ensure more availability of cash in the banking system.
Apr 05, 2016, 11:36 AM IST
RBI monetary policy: Raghuram Rajan cuts interest rate by 0.25%; auto, home loans to be cheaper
The Reserve Bank of India on Tuesday cut its policy rate by 0.25 percent while unveiling its first bi-monthly policy review for this fiscal, paving way for cheaper home and auto loans.
Apr 05, 2016, 10:43 AM IST
