BOJ overhauls policy focus, sets target for government bond yields
The Bank of Japan made an abrupt shift on Wednesday to targeting interest rates on government bonds to achieve its elusive inflation target, after years of massive money printing failed to jolt the economy out of decades-long stagnation.
Sep 21, 2016, 17:39 PM IST
World stocks hit one-year highs as Fed hike prospects fade
World stocks hit their highest in more than a year and the dollar fell against the yen on Wednesday as expectations of a rise in Federal Reserve interest rates receded after weak US economic data.
Sep 07, 2016, 17:26 PM IST
Gold, silver strengthen on heavy stockist demand, global cues
Gold strengthened further at the domestic bullion market today on sustained buying interest from stockists and retailers amid strong global cues.
Sep 06, 2016, 18:24 PM IST
October rate cut 'alive' if August CPI is at 5%: Citigroup
August CPI inflation is likely to fall sharply to 5 percent mainly because of correction in vegetable and pulse prices, which in turn will open up the possibility of a 25 bps rate cut in the upcoming policy review, says a Citigroup report.
Sep 06, 2016, 17:47 PM IST
Raghuram Rajan warns against low rates worldwide
Maharashtra: India`s outgoing Central Bank Chief Raghuram Rajan warned countries against a rush to low interest rates as his tenure as governor of the Reserve Bank of India came to an end.
Sep 05, 2016, 15:10 PM IST
Urjit Patel as RBI Governor indicates policy continuity: Nomura
The appointment of Urjit Patel as the next RBI Governor signals government's preference for policy continuity and commitment to low inflation, says Japanese financial services major Nomura.
Aug 21, 2016, 21:06 PM IST
Bankers says cheaper money still some time away
Ruling out any immediate transmission of rates despite RBI chief Raghuram Rajan blaming them of passing benefits "only modestly", bankers on Tuesday said interest rates will fall once credit growth picks up.
Aug 09, 2016, 20:15 PM IST
Had fantastic tenure; results to be visible in 5-6 years: Raghuram Rajan
Terming his tenure as "fantastic", RBI Governor Raghuram Rajan on Tuesday said snap judgements by critics do not matter as he has made useful contributions and the results will visible in the next 5-6 years.
Aug 09, 2016, 14:34 PM IST
RBI may hold rates on Aug 9, FY17 growth likely at 7.4%: UBS
Indian economy is expected to clock a growth of 7.4 percent this fiscal, and on the policy front, the Reserve Bank is likely to leave key rates unchanged at its August meet, says a UBS report.
Aug 05, 2016, 16:54 PM IST
Bank of England cuts rates for first time since 2009, restarts bond purchases
The Bank of England cut interest rates for the first time since 2009 on Thursday and said it would buy 60 billion pounds of government debt to ease the blow from Britain`s June 23 vote to leave the European Union.
Aug 04, 2016, 16:56 PM IST
RBI may go for status quo in Aug 9 meet: DBS
RBI may keep the key interest rates on hold in the upcoming policy meet as inflation for the second quarter has hastened to 5.7 percent and July-August prints may also stay high.
Aug 02, 2016, 17:04 PM IST
Raghuram Rajan wants monetary policy panel formed before he departs RBI
India should quickly put in place a monetary policy committee (MPC) to institutionalise decision-making on interest rates and keep the focus on controlling inflation, outgoing Indian central bank governor Raghuram Rajan said on Monday.
Aug 01, 2016, 16:56 PM IST
RBI to keep rates unchanged in August 9 policy: ICRA
ICRA on Friday said RBI is unlikely to cut policy rates in its upcoming monetary policy review on August 9, but a 0.25 percent cut is on cards in 2016.
Jul 29, 2016, 16:55 PM IST
Fed leaves rates unchanged but says US economy improving
The Federal Reserve on Wednesday left key interest rates untouched but acknowledged improved economic performance, suggesting a rate increase may be on the horizon in 2016.
Jul 28, 2016, 02:00 AM IST
Axis Bank Q1 profit dips 21% at Rs 1,556 crore
Private player Axis Bank on Friday reported 21 percent decline in net profit at Rs 1,555.5 crore for the first quarter of the current fiscal on account of rise in bad loans.
Jul 22, 2016, 18:05 PM IST
0.50% cut in policy rate by March quarter: Morgan Stanley
Inflation in India is expected to fall to 4.5 percent by the quarter ended March 31, and this in turn would give Reserve Bank space to cut key policy rates by 50 basis points this fiscal, says a Morgan Stanley report.
Jul 21, 2016, 15:22 PM IST
RBI to cut rates by 0.25% on Aug 9 if rains damp pulse price
The Reserve Bank is expected to cut key interest rates by 25 basis points in its policy review meet on August 9, if good rains damp pulse price inflation, says a Bank of America Merrill Lynch (BofA-ML) report.
Jul 21, 2016, 15:16 PM IST
Expect 0.5% cut in policy rate by March: Morgan Stanley
Inflation in India is expected to fall to 4.5 percent by next March, giving the Reserve Bank space to cut key policy rates by 50 basis points in the current fiscal, says a Morgan Stanley report.
Jul 20, 2016, 15:29 PM IST
Is it desirable to continue offering high interest rates on savings: Arun Jaitley
With private investment yet to pick up, Finance Minister Arun Jaitley on Saturday wondered whether it is desirable to continue offering high interest rates on savings that translate into higher cost of lending and sluggishness in the economy.
Jul 09, 2016, 15:13 PM IST
Ex-Barclays traders sentenced to up to six years' jail in Libor case
Four former Barclays bankers were sentenced to between 33 months and six-and-a-half years in jail by a London judge on Thursday for conspiring to rig global benchmark interest rates.
Jul 07, 2016, 21:44 PM IST
