ECB holds rates steady as Greece debt deadline looms
The European Central Bank held its key interest rates steady, as expected, on Wednesday, but investors were listening for what ECB chief Mario Draghi had to say about Greece.
Jun 03, 2015, 20:50 PM IST
Interest rate sensitive stocks dip post RBI policy
Interest-rate sensitive realty, banking and auto stocks witnessed heavy selling pressure Tuesday, falling up to 8 percent, after the RBI hinted that there may not be any more cuts in the near-term.
Jun 02, 2015, 19:18 PM IST
Nirmala for rate cut by RBI, affordable credit to industry
Ahead of the RBI's monetary policy review, the government on Saturday "strongly" pushed for interest rate cut saying availability of affordable credit was necessary to boost manufacturing.
May 30, 2015, 21:44 PM IST
Hopeful that RBI will cut rates on June 2: Sinha
Asserting that the radical steps taken by Modi government has provided macroeconomic stability in the past one year, Union Minister of state for Finance Jayant Sinha on Tuesday expressed hope that RBI will cut interest rates in its upcoming monetary policy review.
May 26, 2015, 18:51 PM IST
Low interest rates important, but consumer demand key for economic growth: Rajan
Raising concern over central banks globally being pushed into "competitive monetary easing", RBI Governor Raghuram Rajan Tuesday said lower interest rates and tax incentives can boost investments, but it is consumer demand that holds the key for pushing economic growth.
May 19, 2015, 23:53 PM IST
Gold has sharpest single-day loss in six weeks on US housing data
Gold fell to its lowest level in more than a week on Wednesday, suffering its sharpest single session loss in over six weeks after a report showed strong US home sales in March, raising expectations for a June US Federal Reserve interest rate hike.
Apr 23, 2015, 01:39 AM IST
RBI panel discusses steps to encourage retailers in GSec market
RBI's technical advisory committee Tuesday discussed introduction of interest rate options, credit default swaps and repo in corporate bonds with a view to encourage retail participation and deepen financial markets.
Apr 21, 2015, 22:30 PM IST
Interest rate-sensitive bank, realty stocks fall on RBI policy
Interest rate-sensitive bank and realty stocks witnessed selling pressure after the RBI today kept the key policy rate unchanged.
Apr 07, 2015, 18:28 PM IST
Pakistan cuts key interest rate
Pakistan`s central bank cut its key interest rate by 0.5 percent on Saturday in a bid to give the country`s improving economy further momentum.
Mar 21, 2015, 18:31 PM IST
Oil jumps on weaker dollar; U.S. crude up more than 4 pct
Oil prices jumped on Friday, heading for their first positive week in three, as the dollar fell on interest-rate uncertainty, lifting demand for dollar-denominated commodities from holders of other currencies.
Mar 20, 2015, 22:24 PM IST
EPFO settles 1.19 crore claims this fiscal so far
Retirement fund body EPFO has settled 1.19 crore claims in the current fiscal year so far.
Mar 09, 2015, 20:16 PM IST
Rupee hits 2-month low of 62.55 against US dollar
The Indian rupee Monday fell to two-month low and closed with a sharp 39 paise loss at 62.55 against the US dollar after better-than-expected jobs data spurred expectations of an early hike in US interest rates.
Mar 09, 2015, 18:36 PM IST
Rajan says sorry for "misleading" comments he never made!
In a gesture rarely found among newsmakers, RBI Governor Raghuram Rajan Wednesday said "sorry" for a "misleading" comment that he never made with regard to the central bank's stance on interest rates.
Mar 04, 2015, 21:44 PM IST
Bankers hint at lowering lending rates
After RBI's second surprise rate cut in as many months, bankers on Wednesday hinted at lowering lending rates, but stressed monetary policy gets transmitted with a lag.
Mar 04, 2015, 19:48 PM IST
External advisor urged RBI to cut rates by 0.75%
Three members of a seven-person committee advising the Reserve Bank of India (RBI) on monetary policy recommended a cut in interest rates at its policy review earlier this month, with one suggesting easing by 0.75%, according to a summary of the recommendations released on Wednesday.
Feb 25, 2015, 19:25 PM IST
Fed's Yellen describes transition to "meeting by meeting" debate on rate hike
The Federal Reserve is preparing to consider interest rate hikes "on a meeting by meeting basis," Fed Chair Janet Yellen told a congressional committee on Tuesday in a subtle change of emphasis in how the Fed has been speaking about its plans for the first interest rate increase since 2006.
Feb 24, 2015, 22:05 PM IST
India Inc asks RBI to slash rates as inflation turns -ve again
With WPI inflation turning negative for the second time in three months, India Inc Monday exhorted the RBI to take full advantage of the benign price rise situation by slashing interest rates in a bid to boost demand and revive industrial growth.
Feb 16, 2015, 19:23 PM IST
Can't ask banks to cut rates, competition will force them: Rajan
With most banks yet to pass on the benefit of lower interest rates to consumers following the rate cut last month, RBI Governor Raghuram Rajan on Tuesday said the central bank cannot ask them to lower the rates, but eventually competition will force them to do so.
Feb 03, 2015, 18:35 PM IST
Raghuram Rajan warns against compromising India's interest for FDI
Reserve Bank Governor Raghuram Rajan Monday warned against compromising India's interest for the sake of attracting foreign investment and said the priority should be framing transparent policies as well as resolving contractual tax disputes quickly.
Feb 02, 2015, 22:29 PM IST
Switzerland ends euro minimum exchange rate, cuts interest rate
In a shock announcement Thursday, Switzerland`s central bank said it was ending a three-year bid to artificially hold down the value of the Swiss franc against the euro, in a move that immediately sent the safe haven currency soaring.
Jan 15, 2015, 17:47 PM IST
